Kankakee County Board of Review v. Property Tax Appeal Board

This is an action for direct administrative review of a decision of the Illinois Property Tax Appeal Board (PTAB). United Coatings filed two real property assessment appeals with the PTAB, one seeking a reduction in the Kankakee County Board of Review’s (Board) assessed valuation of a parcel of property for the 1997 tax year from $767,886 to $699,300, and the other seeking a reduction for the 1998 tax year from $1,066,560 to $700,000. After the assessment appeals were consolidated, the PTAB issued a decision granting United Coatings’ reduction for each appeal and reducing the Board’s…