(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.

Chicago Office Property Appraiser

Chicago Commercial Appraisal Group has been appraising office buildings in the Chicago area for decades. The suburban Metropolitan Chicago Office Market has an average 13.9% overall vacancy rate (CoStar) in the 1st quarter of 2021. Office values in Chicago are estimated to have ended 21Q1 at$214/SF, in line with market values this time last year. Looking forward, values are forecast to remain flat in 2021 before rebounding in 2022 on the back of stronger NOI growth and stable cap rates.

Our Chicago Office Appraisers are licensed by the State of Illinois and have many years of Property Appraisal experience.  All Chicago Office Appraisals are reviewed by an MAI Designated Appraiser.

Chicago Office Real Estate Appraisal
Chicago can be a complex market where Office Valuations can vary dramatically from block to block.  Chicago area office vacancy rates have tremendous variation ranging from about 5.3% for class A properties in Lincoln Park to 24.6% in Fulton Market/ Near West neighborhood (1st quarter 2021 - Costar). Chicago Commercial Appraisal Group maintains an excellent data base to help meet clients Chicago Office Property Appraisal needs.  We have extensive experience in Chicago Area Office Estate Valuations, Chicago Office Property Tax Appraisals and Office Bank Appraisals.

Chicago Office Tax Appraisal
The majority of Chicago Commercial Appraisal Groups work is in the area of Property Tax Appeals.  Property tax rates vary considerably throughout the Chicago Office Market and have a profound impact on our Office Property Tax Appraisals.  Our Chicago Office Tax Appraisers are well versed in Property Tax Appraisal issues.  For a quality Office Appraisal, please call Chicago Commercial Appraisal Group today.


Or call 773-763-6750 for a free no-obligation consultation.

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