Individual Commercial, Industrial And Apartment Summary Form
Download a blank fillable Individual Commercial, Industrial And Apartment Summary Form in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Individual Commercial, Industrial And Apartment Summary Form with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1Summary in support of petition
Individual Commercial, Industrial and Apartment
Complaint No: ______________ PIN No (lead only): __________________________
Property Type
Commercial
Industrial
Apartment
Current Assessed Value (all parcels) Current Market Value __________________
Assessment Level ______________
2011 Assessed Value______________
Requested Market Value (all parcels) ________________Requested Assessed Value __________________
Are there any pending matters before the Illinois Property Tax Appeal Board?
yes
no
If yes, which years? _______________
Is this appeal based on lack of uniformity?
yes
no
What percentage of the property is owner occupied? _______________
Gross Sq. Ft. __________ Net Rentable Area ________________
Date of Purchase (if within last 3 years) __________ Purchase Price _______________
Cost to construct (if within last 3 years) _________________ Date of Construction ______________
APPRAISAL
Fair Market Value ___________________ as of ___________________Date of Inspection ________
Purpose of Appraisal Purchase
Refinance
Real Estate Tax Appeal
Other
Range of Sales Comparables per sq. Ft.: ____________
Appraiser’s Potential Gross Income _______________ Appraiser’s total expenses ______________
Appraiser’s Capitalization Rate _______________
ECONOMIC ANALYSIS
Number of Rental units ____________ Number of Commercial units _____________
Are tenants required to pay any share of taxes?
yes
no If yes, __________% and $_________
Overall Vacancy Level ____________
(if requesting relief based upon vacancy, a vacancy affidavit must be filled out and submitted along with
pictures of the vacant space and documentation demonstrating the attempts being made to lease the vacant
space)
What portion if any of the property is subject to a non-arms length lease? ________________
Rental value of any owner occupied space ______________
Actual Income
Actual Expenses
(excluding property taxes, debt service and depreciation)
2008 __________________
__________________
2009 __________________
__________________
2010 __________________
__________________
2011 __________________
__________________
*please note that income producing properties are required to submit 3 years of income and expense
statements
Suggested Capitalization Rate ____________ Tax Load ______________ Total _______________
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Legal