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E. ROSE BLDG. CO. v. PROPERTY TAX APPEAL BD.

No. 3-90-0646.

576 N.E.2d 572 (1991)

216 Ill. App.3d 1063

159 Ill.Dec. 903

EDWARD ROSE BUILDING CO., Plaintiff-Appellant, v. ILLINOIS PROPERTY TAX APPEAL BOARD, Rock Island County Board of Review and United Township High School of East Moline, Defendants-Appellees.

Appellate Court of Illinois, Third District.

August 2, 1991.

Attorney(s) appearing for the Case

Gregg N. Grimsley (argued), Vonachen, Lawless, Trager & Slevin, Peoria, for Edward Rose Building Co.

John A. Morrissey (argued), Asst. Atty. Gen., Chicago, for Board of Review, United Tp. High School.

Roland W. Burris, Atty. Gen., Robert J. Ruiz, Sol. Gen., Chicago, for Property Tax Appeal Bd.

Justice BARRY delivered the opinion of the court:

Edward Rose Building Co., hereafter Rose, owner of a 460 unit apartment complex in East Moline, Illinois, appeals from an order of the circuit court of Rock Island County affirming a decision of the Property Tax Appeal Board, hereafter PTAB, which based the 1986 assessed valuation of the property on a fair market value of $5,752,890. This is about $1,370,000 higher than the fair market value asserted by Rose.

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