This WPTA Webinar examines advanced concepts inherent to the income approach to valuation, including a deep dive into the elements that make up a capitalization rate, followed by a discussion about capitalization rates as considered by the Illinois Property Tax Code, PTAB and case law.  Presented by Timothy A. Jorczak, CAE, AAS, CIAO, McLean County Supervisor of Assessments with Kelly M. Fried, MAI, Senior Vice President, Newmark Valuation & Advisory, and Ellen G. Berkshire, JD, Verros Berkshire