We are a trusted commercial real estate appraiser.
If you own and are trying to sell a piece of commercial property, or you are looking to buy a piece of commercial property, you want to know you will receive what it’s worth or not overpay. Whether you are buying or selling, or looking to refinance the terms of your loan, identifying the exact value of your property based on current market conditions, the location of your building, and other factors is extremely important.
At Second City Appraisal, we are a commercial real estate appraiser that can help you identify your building’s true worth. We appraise commercial buildings throughout the Chicago, Illinois area, and we have a reliable idea of what is happening in the real estate market, as well as what buildings are worth, depending on their size, location, and comparable sales in the area.
When you hire us as your commercial real estate appraiser, we will take our time assessing your building’s value, whether you are buying or selling, to provide you with a clear picture of the building’s worth. We will compile our findings into a comprehensive report you can refer to, so you can make confident investment, purchasing, or selling decisions moving forward.
As your commercial real estate appraiser, we are here to equip you with the information and data you need to make confident and informed decisions about your next real estate transaction. To order an appraisal or to learn more about our services, contact us today.
Contact Second City Appraisal Today!
FAQs About a Commercial Real Estate Appraiser
Accurate valuation of commercial real estate is essential, and a commercial real estate appraiser is your best resource for an impartial, professional opinion of value based on market data, financial analysis, and property inspection. Our team offers decades of combined experience to help clients understand value in clear terms and meet objectives. Below are frequently asked questions about our services and how the process works.
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What does a commercial real estate appraiser do?
A commercial real estate appraiser examines income-producing properties to provide an unbiased opinion of market value. This includes reviewing financial records, property inspection, research on market sales and rents, and data analysis using valuation methods.
What types of commercial properties do you appraise?
Our team can appraise a range of commercial property types, from small income properties to large shopping centers, office buildings, and industrial facilities. We also have expertise with multifamily buildings, senior housing, gas stations, and special-purpose properties.
Can a commercial appraisal help with property tax appeals?
Yes. A professionally prepared appraisal can provide objective evidence of a property’s fair market value, which can be used to support a property tax appeal.
How is a commercial property’s value determined?
Our commercial real estate appraiser uses multiple valuation approaches to estimate value. This includes an analysis of income and expense data, comparable sales, and cost factors to determine a thorough valuation.
How do I start a commercial appraisal process?
All you need to do is reach out to our team through our website or by phone. We will discuss your property and objectives, review your needs, explain the scope of work, and provide a quote.