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Commercial-Industrial Real Estate Assessment Appeal Form. This is a Illinois form and can be use in Lake Local County.
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Tags: Commercial-Industrial Real Estate Assessment Appeal, Illinois Local County, Lake
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valuing the Subject Property as of January 1, 2012.
If applicable, please check; Appraisal attached ________ or Appraisal forthcoming ________.
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This property has a pending appeal with the Illinois Property Tax Appeal Board _____ 2011 _____ 2010 _____ 2009
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Submit one (1) RULJLQDO RI WKLV IRUP DQG all evidence in one complete set to the Board of Review at the address shown above within thirty (30)
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ϮϬϭ2 Lake County Board of Review ŚĞĐŬůŝƐƚ
For a complete ĐŽŵƉůĞƚĞ ĚĞƐĐƌŝƉƚŝŽŶ ŽĨ ƚŚĞ ƌĞƋƵŝƌĞŵĞŶƚƐ ƐƵŵŵĂƌŝnjĞĚ ďĞůŽǁ͕ ŝƚ ŝƐ ŝŵƉŽƌƚĂŶƚ ƚŽ ƌĞǀŝĞǁ ƚŚĞ ϮϬϭ2
ZƵůĞƐ ŽĨ ƚŚĞ >ĂŬĞ ŽƵŶƚLJ ŽĂƌĚ ŽĨ ZĞǀŝĞǁ͘
Forms: Use only Lake County forms, found at www.lakecountyil.gov/boardofreview .
Completeness: Fill in all blanks and submit original ƐĞƚ ŽĨ ƉĂƉĞƌǁŽƌŬ.
Signature: Appellant must sign Appeal Form.
Authorization for Tax Reps: Attorney/agent may sign below appellant at bottom of Appeal Form or
Submit Authorization Form signed by appellant.
Timeliness of Appeal and Attached Evidence: File on or before Township Deadline.
Evidence Accepted by the Board:
1. Factual Error
See local assessor and bring supporting documentation, such as a survey.
If proceeding with an appeal: Submit explanation of factual error(s) and supporting
documentation.
2. Recent Sale of Subject Property
Submit signed HUD-1 or SŝŐŶĞĚ ŽƌŝŐŝŶĂů ^ettlement Statement and
the recorded PTAX-203.
3. Fair Cash Value: Submit one of the following sets of documents or information:
Appraisal (within
extension).
the 14-day residential extension or within
the 30-day commercial
MLS listing sheet and full property history of subject property.
Signed affidavit of contƌactor’s costs plus itemization of all subcontractor’s costs and soft costs
for the completion of subject property.
For income producing properties, submit the Lake County Income Producing Property Form and
supporting documentation as specified in the Board’s 201Ϯ Rules, Section IV C-6.
For vacancy cases, see local assessor or submit an affidavit of vacancy.
4. Equity:
Submit the Lake County Residential Comparison Grid, populated electronically with Lake County data.
5. Matter of Law
Submit a brief͘
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