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Appraisal Articles


2018Interest Rate Increases Impact on Property Values
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2018Assessment Appeals - Recommending Professional Assistance
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20182018 Chicago Assessment Release Schedule
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2017Theoretical Tax Savings from 25% to 10% Assessments
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2017Parking Garages - Rents Required to Break Even
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2017Alsip Value Trap
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2017Suburban Parking Garages Can Be A Drag On Property Values
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2017Tax Attorney/Appraisers Cobranding - For Better or Worse
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20172017 Township Assessment Notices
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20162016 Conditions of the Chicago Real Estate Market
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2016Chicago Funeral Home Changes Could Affect Property Tax Assessments/Appraised Value
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2016Fast Food Appraisals - Price Per Square Foot of Building or Land?
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2016How Property Leases Can Double Count Your Expenses
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2016Illinois Day Care Center Being Squeezed
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2016Industrial Interior Truck Docks Obsolete
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2016Surveys Overstate Capitalization Rates For Tax Assessments
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2015Bank Real Estate Tax Liability For Tax Exempt Properties After Foreclosure
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2015Chicago Assessment Notices 2015 Release Schedule
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2015Europe is Closing Many Churches
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2015How Cook County Over-Assesses 6B Properties
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2015Number One Property Risk in Waukegan, IL
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2015The Biggest Problem for Church Properties
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2015Warning: Apartment Buildings at Bubble Valuation Levels
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2014 2014 South Cook County Industrial Market Conditions - Chicago Commercial Appraisal Analysis
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2014A Chicago Office Tax Appraiser's Viewpoint - 2014 South Cook County Office Market Overview
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2014Chicago's South Suburban Cities Most Likely To Be Over Assessed
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2014Conventional Church Appraisal Methodology Often Inadequate
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2014House of Worship Impact on Property Values
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2014Leasing Expenses: Above the Line or Below the Line Expenses and Does It Matter - Part 1
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2014Leasing Expenses: Above the Line or Below the Line Expenses and Does It Matter - Part 2
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2014The Fastest Growing Property Expense
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2013Catholic School Attendance Stabilizing Somewhat in Chicago Archdiocese
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2013Chicago Area Self Storage Valuation - Commercial Appraisal Considerations
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2013Chicago Industrial Indicators - Appraisal Statistical Data
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2013Chicago's Historical Effective Property Tax Rates
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2013Church Foreclosure and Bank Real Estate Tax Exposure
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2013Large and Megachurch Appraisal Considerations: Megachurches - A Financial Overview
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2013Megachurches Continue To Grow
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2013The Assessor's Dilemma - Elk Grove Township Industrial Assessment Levels
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2013Why Census Numbers Matter for Church Appraisals
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2012Church Appraisal Considerations: Church/Religious Facility Closure Loan Risk Considerations
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2012Church/House of Worship Appraisal Considerations: Adaptive Reuse - Church Conversion Alternative
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2012Church/Religious Property Appraisal and the Shortfalls of the Church Appraisal Process
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2012Commercial Appraisal Compliance and the International Financial Reporting Standards
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2012Could Chicago Commercial Property Values Drop Further?
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2012Deflation Risk and Commercial Property Appraisal
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2012Larger Chicago Commercial Properties Outperform Smaller Ones
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2012Low Sales Volume Could Impact Property Assessment Accuracy & Bank Loan Risk
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2012Stagnating Income Could Hurt Commercial Real Estate Values
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Tax Rate Impacts on Property Prices are Unappreciated
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J. Chie, Esquire

Our law firm provides legal work for real estate closings for over 30 years… What distinguishes Chicago Commercial Appraisal Group from other appraisers is the level of thoroughness and details.

A. Raila, Senior Tax Analyst

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.

J. Norris, Property Tax Attorney

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.

C. Noone, property owner

I needed an appraisal for settling an estate. Mr. Peterson was very professional, punctual and helpful with the process. I received my report ina timely manner. I would certainly recommend this company, as well as use their services in the future.

J. Tsiaousis

Gary is one of the top commercial appraisers in Chicago. Every time I have a client in need of a commercial appraiser I refer all work to him without hesitation.