(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.


Appraisal Articles


2024
Chicago Tri 2024 Rogers Park Assessment Assumptionsdetails


2024
Could Chicago Face A "Doom Loop"?details


2023
2022 North-Tri Success Ratesdetails


2023
Assessor Methodology for 2022details


2022
Commercial Property Values Are Plummetingdetails


2022
Flood Hazard Impact on Property Valuesdetails


2022
Work From Home Hammers Office Real Estate Marketdetails


2022
Appraising Illinois Cannabis Dispensariesdetails


2022
Bank Branch Demand Continues Its Declinedetails


2022
Cook County Property Tax Bills Will Be Delayed This Yeardetails


2021
Car Dealerships Facing More Threats To Their Existencedetails


2021
Self-Storage -- Location and the Pandemicdetails


2021
One in Five Churches Could Face Closure Due To The Corona Virusdetails


2021
Assessor Slightly More Lenient To Smaller Propertiesdetails


2021
Religious Property Values Could Slide With Continued Declines in Church Attendancedetails


2021
Flex Industrial Buildings and Vacancy Ratesdetails


2021
A New Twist On Funeral Home Salesdetails


2020
Retail Space Outlook Will Probably Remain Weak Over the Longer Termdetails


2020
Estimating The Assessor's Corona Virus Discountdetails


2020
Religious Market Highlights 2020details


2020
Pandemics and Commercial Property Valuesdetails


2020
Small Commercial Property Owners Getting Hammered by High Assessmentsdetails


2019
No Further Remediation (NFR) (OR NOT)details


2019
Land Value Sales Price vs. Assessed Valuedetails


2019
Medical Office Leases and the Anti-Kickback Lawdetails


2019
2020 South Tri Assessment Release Scheduledetails


2018
Buying A House? Wait Until 2026details


2018
Power Lines and Property Valuesdetails


2018
High Property Taxes Hurt Property Valuesdetails


2018
Property Tax Rates and Value Rules of Thumbdetails


2018
Fast Food Franchise Leases often Above Market Levelsdetails


2018
Religious Market Highlights 2018details


2018
Smaller Day Care Centers Being Squeezeddetails


2018
Interest Rate Increases Impact on Property Valuesdetails


2018
Assessment Appeals - Recommending Professional Assistancedetails


2017
Theoretical Tax Savings from 25% to 10% Assessmentsdetails


2017
Parking Garages - Rents Required to Break Evendetails


2017
Alsip Value Trapdetails


2017
Suburban Parking Garages Can Be A Drag On Property Valuesdetails


2017
Tax Attorney/Appraisers Cobranding - For Better or Worsedetails


2017
2017 Township Assessment Noticesdetails


2016
2016 Conditions of the Chicago Real Estate Marketdetails


2016
Chicago Funeral Home Changes Could Affect Property Tax Assessments/Appraised Valuedetails


2016
Fast Food Appraisals - Price Per Square Foot of Building or Land?details


2016
How Property Leases Can Double Count Your Expensesdetails


2016
Illinois Day Care Center Being Squeezeddetails


2016
Industrial Interior Truck Docks Obsoletedetails


2016
Surveys Overstate Capitalization Rates For Tax Assessmentsdetails


2015
Bank Real Estate Tax Liability For Tax Exempt Properties After Foreclosuredetails


2015
Chicago Assessment Notices 2015 Release Scheduledetails


2015
Europe is Closing Many Churchesdetails


2015
How Cook County Over-Assesses 6B Propertiesdetails


2015
Number One Property Risk in Waukegan, ILdetails


2015
The Biggest Problem for Church Propertiesdetails


2015
Warning: Apartment Buildings at Bubble Valuation Levelsdetails


2014
2014 South Cook County Industrial Market Conditions - Chicago Commercial Appraisal Analysisdetails


2014
A Chicago Office Tax Appraiser's Viewpoint - 2014 South Cook County Office Market Overviewdetails


2014
Chicago's South Suburban Cities Most Likely To Be Over Assesseddetails


2014
Conventional Church Appraisal Methodology Often Inadequatedetails


2014
House of Worship Impact on Property Valuesdetails


2014
Leasing Expenses: Above the Line or Below the Line Expenses and Does It Matter - Part 1details


2014
Leasing Expenses: Above the Line or Below the Line Expenses and Does It Matter - Part 2details


2014
The Fastest Growing Property Expensedetails


2013
Catholic School Attendance Stabilizing Somewhat in Chicago Archdiocesedetails


2013
Chicago Area Self Storage Valuation - Commercial Appraisal Considerationsdetails


2013
Chicago Industrial Indicators - Appraisal Statistical Datadetails


2013
Chicago's Historical Effective Property Tax Ratesdetails


2013
Church Foreclosure and Bank Real Estate Tax Exposuredetails


2013
Large and Megachurch Appraisal Considerations: Megachurches - A Financial Overviewdetails


2013
Megachurches Continue To Growdetails


2013
The Assessor's Dilemma - Elk Grove Township Industrial Assessment Levelsdetails


2013
Why Census Numbers Matter for Church Appraisalsdetails


2012
Church Appraisal Considerations: Church/Religious Facility Closure Loan Risk Considerationsdetails


2012
Church/House of Worship Appraisal Considerations: Adaptive Reuse - Church Conversion Alternativedetails


2012
Church/Religious Property Appraisal and the Shortfalls of the Church Appraisal Processdetails


2012
Commercial Appraisal Compliance and the International Financial Reporting Standardsdetails


2012
Could Chicago Commercial Property Values Drop Further?details


2012
Deflation Risk and Commercial Property Appraisaldetails


2012
Larger Chicago Commercial Properties Outperform Smaller Onesdetails


2012
Low Sales Volume Could Impact Property Assessment Accuracy & Bank Loan Riskdetails


2012
Stagnating Income Could Hurt Commercial Real Estate Valuesdetails



Tax Rate Impacts on Property Prices are Unappreciateddetails



 

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