Kassnel v. Village of Rosemont

In this appeal appellants Matthew Kassnel, Elizabeth Kassnel, Red Devil Manufacturing Company, and trust No. 3672 of the Exchange National Bank of Chicago (hereinafter collectively referred to as Kassnel) seek review of two orders of the circuit court of Cook County finding that the village of Rosemont’s condemnation of Kassnel’s property was a lawful taking under the Real Property Tax Increment Allocation Redevelopment Act (Ill. Rev. Stat. 1979, ch. 24, par. 11 — 74.4—1 et seq.) and that the fair market value of the property at issue was $495,000. These orders arose from two distinct…