(773) 763-6750

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.

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2022 North-Tri Success Rates

We finally have all the data for assessment results from the Assessor and Board of Review (BOR) from the 2022 North-Tri.  Our tax study this year included 176 files with a total proposed assessment of $245,931,226.  The average proposed value for each property was $1,315,772 and the mean was $869,912.


True to form, the Assessor was much less likely to grant attorneys any relief on property appeals than the BOR.  In our study, we found that the Assessor granted some type of relief 50% of the time.  For attorneys that also took the file to the BOR, however, the overall success rate was 95%.   This does not mean the reductions were always large, just that the clients got some type of relief.  No changes are never popular with the clients, so it’s encouraging that virtually everyone enjoys at least some level of success.

It appears that the BOR continues to be where most of the action is.  Over the next few months, we will be releasing other results from our Assessment study that measures how the Assessor and BOR interprets our attorney’s appeals through a variety of possible scenarios.