Sandrick Law Campaign
- 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. Well 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 DONT 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 dont refer you to a property tax attorney; we actually are one. When you call Sandrick Law, youll 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 Southlands 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. Well 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 DONT 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 Dont Wait Until its 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 Assessors Office granting our clients 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 clients 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. DONT 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 YouvE 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 todays 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 todays 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!