Showplace Theatre Co. v. Property Tax Appeal Board

Plaintiff, Showplace Theatre Company, sought review of the tax assessment on its real property. The board of review upheld the assessment, and plaintiff appealed to the Property Tax Appeal Board (PTAB), specifically designating that it was appealing the valuation of the land. The PTAB reduced the amount assessed for plaintiff’s property. Plaintiff then filed a petition for administrative review (Ill. Rev. Stat. 1985, ch. 110, par. 3 — 101 et seq.) in the circuit court of McHenry County. The circuit court reversed the PTAB’s determination of the value of the improvements, stating that the PTAB…