Second City Appraisal is a real estate appraisal firm specializing in the valuation of a wide range of income producing properties. With a local staff with decades of appraisal experience, we can assist you with any of your valuation needs.
With a wealth of experience in the field, Second City Appraisal specializes in preparing Rent Comparability Studies for the U.S. Department of Housing and Urban Development (HUD RCS). My expertise ensures that each study is meticulously crafted, meeting the highest standards set by the Illinois Housing Development Authority (IHDA) and HUD. Trust me to deliver accurate and comprehensive analyses tailored to your specific needs. We prepare RCS with HUD’s grids to ensure that your project receives the maximum appropriate rents for your development.
We can also provide valuation services for your ground-up construction of low-income housing tax credit (LIHTC) projects. We have worked with a number of developers, including Volunteers of America, on development of affordable housing. We can provide a full suite of valuation services for low-income housing projects.