Chicago Commercial & Industrial Real Estate Appraisals

Peterson Appraisal Group, Ltd. is one of the leading commercial and industrial real estate appraisal firms in the Chicago Metropolitan Area.  We perform commercial real estate appraisals in Chicago, Cook and the collar counties of Illinois (Lake, DuPage, Kane, Will and McHenry). As one of the larger commercial property appraisal firms in the Chicago region we have a depth of property valuation expertise in a wide variety of areas. 

Commercial property appraisals may be needed for many reasons:

     - property tax appeals
     - estate planning valuation
     - refinancing
     - potential property sale or purchase
     - gift documentation
     - new construction or expansion

We have extensive property valuation experience from the smallest retail or mixed-use properties to large apartment developments, office towers, industrial and warehouse projects or shopping centers. We have two MAI designated review appraisers plus a team of licensed and certified commercial property appraisers.

Call today for a bid request or question at (773) 763-6750.




Testimonials


"Gary is a hands-on professional always willing to pick up the phone and work with you… His appraisal firm produces one of the best real estate forecasting reports in the state… I highly recommend his work and his opinion is highly recognized by governmental agencies". – A. Raila, Senior Tax Analyst

 
"As an attorney, we deal with many appraisal reports used in tax appraisals. Gary's work has proven successful for our clients and I do not hesitate recommending him for tax assessment appeal appraisals". – J. Norris, Property Tax Attorney

 
"Fair prices, great service along with timely response… PAG is the total package and I highly recommend them". – M. Ratynski, Banking Credit Analyst


"I choose to use Peterson Appraisal Group because they are simply the best in the industry… Peterson is knowledgeable, fairly priced and gets the job done in a timely fashion". – A. Wolf, Mortgage Broker

 

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SOME PEOPLE WE WORK WITH
-First Bank & Trust
-Devon Bank        
-Republic Bank        
-Episcopal Diocese of Chicago    
-CBRE
-Urban Partnership Bank
-Numerous property tax attorneys


Articles



"...the churches are having a problem"
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Commercial Leases Often Double Count Property Tax Escalations
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Waukegan, IL - Flashing Warning Signals
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Chicago's Historical Effective Property Tax Rates
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Property Tax Rate Increases Vastly Exceed CPI
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6B Classified Industrial Properties Are Consistently Over-Assessed
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A Chicago Office Tax Appraiser's Viewpoint - 2014 South Cook County Office Market Overview
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January 1, 2014 South Cook County Industrial Market Conditions
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Chicago's South Suburban Cities Most Likely To Be Over Assessed
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Chicago Assessment Notices 2015 Release Schedule
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Megachurches Continue To Grow
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Bank Real Estate Tax Liability For Tax Exempt Properties After Foreclosure
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The Assessor's Dilemma - Elk Grove Township Industrial Assessment Levels
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Leasing Expenses: Above the Line or Below the Line Expenses and Does It Matter - Part 2
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Leasing Expenses: Above the Line or Below the Line Expenses and Does It Matter - Part 1
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Chicago Industrial Indicators - Appraisal Statistical Data
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Chicago Area Self Storage Valuation - Commercial Appraisal Considerations
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Conventional Church Appraisal Methodology Often Inadequate
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Chicago Funeral Home Changes Could Affect Property Tax Assessments/Appraised Value
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Stagnating Income Could Hurt Commercial Real Estate Values
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Commercial Appraisal Compliance and the International Financial Reporting Standards
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Larger Chicago Commercial Properties Outperform Smaller Ones
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Low Sales Volume Could Impact Property Assessment Accuracy & Bank Loan Risk
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Deflation Risk and Commercial Property Appraisal
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Church/Religious Property Appraisal and the Shortfalls of the Church Appraisal Process
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Could Chicago Commercial Property Values Drop Further?
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