Chrysler Corp. v. Illinois Property Tax Appeal Board

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• “[t]he key” to use of reproduction cost method “is whether the property is in fact so unique as to not be salable”
• automobile assembly plant was not so unique as to preclude sales comparisons, and thus reliance on reproduction cost method was reversible error
• where there is evidence of comparable sales, the PTAB's assignment of valuation based on the exclusion of comparable sales is incorrect as a matter of law
• where there is evidence of comparable sales, the PTAB’s assignment of valuation based on the exclusion of comparable sales is incorrect as a matter of law
• fact that appraisals for property were from previous tax year (1971) than one at issue (1972) did “not render them meaningless,” given lack of any evidence of “significant improvements that might affect the value made to the property during the year in question”

Source: CourtListener parenthetical corpus (CC0).