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CELLULAR TOWER LEADS TO LOWER ASSESSMENTS <br /> Chicago Tribune; Chicago, Ill.; Feb 21, 1999; Anika M. Scott.; <br /> <br /> Abstract: <br /> .rn what could be a precedent-setting decision, the Lake County Board of Review has confirmed. <br /> that property values of homes in a North Barrington neighborhood have declined because of a <br /> cellular telephone tower built nearby. <br /> <br /> Full Text: <br /> (Copyright 2999 by the Chicago Tribune) <br /> <br /> Suburban report is a roundup of real estate stories from throughout metropolitan Chicago. <br /> <br /> in what could be a precedent-setting decision, the Lake County Board of Review has co--ed that <br /> <br />· property values of homes in a North Barrington neighborhood have declined because of a celhfla_r <br /> telephone tower built nearby. <br /> <br /> The county upheld a decision to reduce the assessments of 11 properties near Old Barrington and <br /> Signal Hill Roads. The decreases ranged fi~om 4.6 to 11.2 percent. <br /> <br /> The decision is a victory of sorts for residents, who say the 150- foot Ameritech cellular tower is <br /> "visual pollution." <br /> <br /> The bigger issue that has municipal leaders closely watching the case is the potential liability of villages <br /> that have allowed such towers to .be built. <br /> <br /> "We're worried about the precedent this could set," said Village President George Larrain. <br /> <br /> The Northwest Municipal Conference also is concerned. <br /> <br />"There are arguments made by communities surrounding O'Hare that property values are hurt by their <br />proximity to the airport," said David Bennett, executive director. "The repercussions ... could go <br />throughout the state, and maybe even the country." <br /> <br /> Sub Title: [CHICAGOLAND FINAL Edition] <br /> Column Name: Suburban report. <br />Start Page: 1 lQ <br />ISSN: 10856706 <br />Dateline: NORTH BARRINGTON <br /> <br />Reproduced with permiSSion of thc copyright owner. Further reproduction or distribution is prohibited without <br />permi~on. <br /> <br /> IV-lO6 <br /> <br />.../00000003 9139120 .htrnl?MAC=0137826bc41 eSadb9939aa78f7622c21 &QIID'~0000003913 .q 0/14/01 <br /> <br /> <br />