1. “The art of taxation
consists in so plucking
the goose as to obtain
the largest possible
amount of feathers
with the smallest
possible amount of
hissing.”
- Jean Baptiste Colbert,
Minister of Finance, France,
1619-1683
Concentrating in
property tax & assessment law
2. With property taxes representing a significant portion of your
real estate investment, and with Cook County reassessing all
properties in the South, Southwest and West suburbs in 2008, NOW
is the time to call Sandrick Law Firm to appeal the new assessment
on your commercial, industrial or investment property.
Sandrick Law Firm, your fellow Oak Forest Chamber of
Commerce member, brings a combined 45 years of
experience to comprehensive property tax and assessment law
representation. We’ll treat your property as if it was our own,
aggressively pursuing all potential remedies. We also counsel
clients - prior to purchase or lease - on many property tax issues,
including Class 6B, 8 and 9 incentives.
PRESORTED
FIRST-CLASS
US POSTAGE
PAID
130 N. LaGrange Road
LaGrange IL 60525
1581 Huntington Drive
Calumet City IL 60409
DON’T GET PLUCKED
Some of our fellow Chamber clients include:
In-Bank Judge Automotive
Thornton-Powell/Ken Morrow All Seasons Marine
Malecky Builders Vacha Family Florist
Because Sandrick Law Firm has exclusively practiced property
tax and assessment law in the Southland for over 17 years, we
are well-acquainted with the various real estate markets and the
negative impact caused by high tax rates on property values.
WE UNDERSTAND THE SOUTHLAND!
Call us at 312-867-1515 today to schedule a complimentary
personal inspection and preliminary tax analysis.
And make sure no one plucks you.
This newsletter contains material of general interest and is not intended to be
legal advice. It should be considered advertising material.
3. Having
“Property Tax Experience”
should mean
actually having
property tax experience.
Concentrating in property tax & assessment law
312-867-1515
1581 Huntington Drive
Calumet City IL 60409
130 N. LaGrange Road
LaGrange IL 60525
This document contains material of general
interest and is not intended to be legal advice.
It should be considered advertising material.
At Sandrick Law Firm, we don’t refer you to a property tax attorney; we actually
are one. When you call Sandrick Law, you’ll talk with Bill Sandrick, a respected
attorney with over 17 years of exclusive practice in property tax and assessment
law, right here in the Southland.
Property taxes represent a significant portion of your real estate investment and
Cook County is reassessing all properties in the South, Southwest and West suburbs
in 2008. NOW is the time to appeal the new assessment on your commercial,
industrial or investment property, with a committed, experienced attorney who
knows both the Southland’s commercial and industrial real estate markets and
the negative impact that high tax rates have on value. Bill Sandrick has personally
contested thousands of reassessment appeals and won.
We’ll treat your property as if it was our own, aggressively pursuing all potential
remedies. We also counsel clients - prior to purchase or lease - on many property
tax issues, including Class 6B, 8 and 9 incentives.
Some of our fellow Chamber clients include:
Mi-Jack Products Custom Steel Buildings
Simborg Industrial Real Estate First National Bank of Illinois
Holiday Inn Select/Mid-Continent Development Robinson Engineering
Call us at 312-867-1515 today to schedule a complimentary personal inspection
and preliminary tax analysis.
WE UNDERSTAND THE SOUTHLAND
AND PROPERTY TAX LAW IS REALLY WHAT WE DO!
4. “The art of taxation
consists in so plucking
the goose as to obtain
the largest possible
amount of feathers
with the smallest
possible amount of
hissing.”
- Jean Baptiste Colbert,
Minister of Finance, France,
1619-1683
Concentrating in
property tax & assessment law
DON’T GET
PLUCKED
Case Study:
REDUCING PROPERTY TAXES BEFORE YOU PURCHASE.
5. Sandrick Law Firm identifies the proper property tax strategy early in the
leasing/purchase contract process, providing substantial benefits for the
owner and the Southland.
Our client owned a 70,000 square foot industrial building in Chicago Heights,
vacant for two years The owner was aggressively attempting to lease or sell
the property in a difficult market.
In late 2007, the Cook County Board of Commissioners amended the Cook
County Property Tax Classification Ordinance for the Class 8 Industrial Tax
Incentive, allowing a current property owner to receive the Incentive without
a transfer of ownership.
While our client was in discussions with a potential tenant, we had alerted him
of this recent Ordinance change. We then demonstrated how that change
could help market this building.
PRESORTED
FIRST-CLASS
US POSTAGE
PAID
130 N. LaGrange Road
LaGrange IL 60525
1581 Huntington Drive
Calumet City IL 60409
Don’t Wait Until it’s too late
In helping the owner with the new lease, we were able to ensure compliance
with the Class 8 requirements. We obtained a Resolution of Support from the
local municipality and Cook County Board of Commissioners which resulted
in the Cook County Assessor’s Office granting our client’s Class 8 Incentive.
The total 2007 tax for the fully occupied property was approximately the
same tax liability for the vacant building in 2006 ($.60 psf). Moreover, because
of the low tax liability, the tenant has indicated that they are planning to
expand their operation and may purchase the property.
We recognized and capitalized on legislative change to benefit our client.
The tenant is able to expand his production and the client’s property value
increased significantly. A Southland city in need of quality jobs benefits from
the expansion of a local business.
As a result of working closely with our client and obtaining a Class 8 Incentive,
we transformed this building from a financial drain to a profitable investment.
Visit www.sandricklaw.com for more information, or call us today at
312-867-1515 to schedule your preliminary tax analysis.This newsletter contains material of general interest and is not intended to be
legal advice. It should be considered advertising material.
6. DON’T GET PLUCKED
130 N. LaGrange Road
LaGrange IL 60525
708-352-1122
“The art of taxation consists in so
plucking the goose as to obtain the largest
possible amount of feathers with the
smallest possible amount of hissing.”
- Jean Baptiste Colbert,
Minister of Finance, France, 1619-1983
Concentrating in
property tax & assessment law
• Assessment Appeals
• Class 6b, 8 & 9 Incentive Consultation
• Preacquisition Property Tax Analysis
• 45 Years of Combined Experience
WE KNOW THE SOUTHLAND!
1581 Huntington Drive
Calumet City IL 60409
312-867-1515
wsandrick@sbtaxlaw.com
7. “The art of taxation
consists in so plucking
the goose as to obtain
the largest possible
amount of feathers
with the smallest
possible amount of
hissing.”
- Jean Baptiste Colbert,
Minister of Finance, France,
1619-1683
Concentrating in
property tax & assessment law
You’vE BEEN
PLUCKED!
8. Did you see something like this - or a whole lot worse - in the mail recently?
Cook County commercial, industrial and investment property owners
continue to see rising property taxes in the face of a stagnated real estate
market, as evidenced by your recent property tax bill. Unfortunately, matters
will only get worse. The scheduled 2008 reassessment of the South/Southwest
suburbs is underway and we are seeing increases ranging from 20-45% for
those township that have already been reassessed. These increases are
simply not acceptable in today’s real estate market.
Reducing property taxes is all we do. With two Southland locations, a
thorough, expert understanding of this commercial/industrial real estate
market and a comprehensive knowledge of the negative impact that
high property taxes have on our properties, we have the advantage when
fighting assessments. While we are successful at both the Assessor and Board
PRESORTED
FIRST-CLASS
US POSTAGE
PAID
130 N. LaGrange Road
LaGrange IL 60525
1581 Huntington Drive
Calumet City IL 60409
This newsletter contains material of general interest and is not intended to be legal advice.
It should be considered advertising material.
of Review levels, we still continue many appeals before the Illinois Property
Tax Appeal Board (PTAB) or Circuit Court of Cook County. Reducing a 40%
increase to a 10% increase is not a satisfactory result for our clients. You
deserve better and Sandrick Law Firm makes it happen.
Some of our representative clients are:
Mi-Jack Products Lagestee-Mulder
Simborg Industrial Real Estate First National Bank of Illinois
Holiday Inn Select/Mid-Continent Development
Robinson Engineering
In today’s market, property owners simply cannot afford to accept the status
quo of property tax increases with every reassessment. For more information,
visit www.sandricklaw.com or call 312-867-1515 for a free consultation,
including a personal property inspection and take the steps to reduce your
property taxes today!
