Metro Developers, LLC v. City of Chicago Department of Revenue

Plaintiff, Metro Developers, LLC, appeals from an order of the circuit court on administrative review upholding the determination by defendants, City of Chicago department of revenue and City of Chicago department of administrative hearings, that plaintiff was not entitled to a property transfer tax exemption. On appeal, plaintiff contends that it was entitled to the exemption because it satisfied all the conditions necessary to qualify for the exemption. For the foregoing reasons, we affirm.

Chapter 3 — 33 of the Chicago Municipal Code (Code) imposes the Chicago real property transfer tax…