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Kenosha Board of Review waives hearings, approves settlement-adjusted values for two Walgreens properties
Summary
The Kenosha Board of Review granted a waiver allowing two Walgreens property owners to appeal directly to circuit court and approved settlement-adjusted assessed values for the parcels, following a city attorney briefing and a unanimous roll-call vote.
The Kenosha Board of Review voted to waive two objection hearings and accept settlement-adjusted assessed values for two Walgreens-owned parcels after a brief staff presentation and a unanimous roll-call vote.
Deputy City Attorney Brian Chervosian told the board that Walgreens and the City had reached a global settlement resolving outstanding assessments for 2024 and objections to 2025 values, and asked the board to enter the agreed values for the two parcels. "The 2 parties have entered into a a global settlement agreement, resolving all the outstanding tax years," Chervosian said, and asked that the board adjust the values to $2,900,000 for JR Knochell Walgreens LLC and $3,300,000 for PTMD LLC.
Board members asked no substantive questions before a motion to accept the agreed amounts was made and seconded. The board then took a roll-call vote; members recorded their votes in the affirmative and the motion carried. The board chair later asked staff to confirm the form of notice to the parties so they would receive written confirmation of the board's vote.
Why this matters: approving the settlement and waiving the hearing allows the owners to proceed to circuit court with the resolved values rather than continuing a Board of Review hearing. The action replaces the board's earlier scheduled hearings on those parcels with the settlement terms agreed by the parties and accepted by the common council and city legal staff.
Background and details: The two parcels were identified in the hearing as JR Knochell Walgreens LLC (parcel 0722224205022, property at 1810 Thirtieth Avenue) and PTMD, LLC (parcel 0612307130020, property at 7525 Sheridan Road). Chervosian told the board he understood there was pending litigation over the 2024 assessment year and outstanding objections to 2025 values; the settlement resolves those years and asks the board to set the new values listed above.
The board recorded the acceptance of the settlement on the record and directed staff to send written confirmation of the vote to the parties. No public testimony or additional documentary evidence was presented during the waiver motion. The board then continued with the next agenda items.
Votes at a glance: The waiver motion and the motion to accept the settlement amounts were approved by roll-call vote. The transcript records affirmative roll-call responses and the chair announcing "Motion carries."
