Top 7 Best Real Estate Appraisers in Chicago

Finding the right real estate appraiser in a bustling city like Chicago is crucial for anyone looking to buy, sell, or refinance property. The right professional can provide an accurate valuation that reflects the current market trends and conditions. In this guide, we will explore the top 7 best real estate appraisers in Chicago, giving you insights into their expertise and services.

Real estate appraisers offer a range of services, including:

Residential Appraisals: Evaluating the value of single-family homes, condos, and townhouses.
Commercial Appraisals: Valuing office buildings, retail spaces, industrial properties, and more.
Land Appraisals: Assessing undeveloped land for potential development or sale.
Estate Planning and Settlement: Providing valuations for estate planning or probate purposes.
Tax Assessment Appeals: Assisting in challenging property tax assessments to ensure fair taxation.
Consulting Services: Offering expert advice on real estate investment and market trends.

When choosing a real estate appraiser in Chicago, consider the following aspects:

Experience: Look for professionals with extensive experience and knowledge of the local market.
Credentials: Ensure they are licensed and certified by relevant authorities.
Reputation: Check reviews and testimonials from past clients.
Cost: Compare fees, which typically range from $300 to $600 for standard residential appraisals.
Turnaround Time: Consider how quickly they can deliver the appraisal report.

With this information, you’ll be well-equipped to choose a reliable appraiser who meets your needs in the dynamic Chicago real estate market.

1. Chicagoland Appraisals
2. Tyke Appraisals
3. Ias Residential Appraisal Services

4. Rivich Auction & Estates
5. Rose Estate Jewelers
6. Illinois Appraisal
7. Classic Auto Appraisals, Inc

Number of companies

383

Verified reviews

4,84

Average rating

(773)8000269

1. Chicagoland Appraisals

★ ★ ★ ★ ★ 4,9/5

3320 W Foster Ave Suite #240, 60625.0, Chicago

Real estate appraiser
Appraiser
Bankruptcy service
Divorce service
Estate appraiser
Legal services
Real estate consultant
Real estate surveyor
Tax assessor

Why we chose them

Chicagoland Appraisals has been appraising properties in the Chicago area since 1999, establishing itself as a leader in residential real estate appraisals. Known for their high-quality and timely services, they cater to a range of needs including pre-listing appraisals, divorce appraisals, and property tax appeals. Their expertise ensures homeowners and realtors receive accurate and impartial home valuations, which are crucial for informed decision-making in property transactions. With over 10,000 appraisals completed, they are renowned for their professionalism and attention to detail, making them a trusted choice for clients seeking comprehensive real estate assessments.

In addition to real estate appraisals, they offer specialized services such as estate appraisals, financial planning, and trust appraisals, catering to the needs of attorneys and financial planners. Their services extend to bankruptcy and foreclosure appraisals, reflecting their versatility and breadth of expertise. Chicagoland Appraisals distinguishes itself by providing court-defensible reports for asset division in divorce cases and offering guidance in estate settlements. Their commitment to discretion and sensitivity in handling complex situations underscores their reputation as one of the premier appraisal providers in the region.

(847)5219584

2. Tyke Appraisals

★ ★ ★ ★ ★ 5,0/5

2054 N Whipple St, 60647.0, Chicago

Real estate appraiser
Appraiser
Property management company

Why we chose them

TYKE Appraisals stands out as a premier provider of comprehensive property appraisal services across multiple states, including Illinois, Indiana, Florida, California, and Washington. The company specializes in both residential and commercial appraisals, offering a wide range of services like divorce appraisals, estate/date of death appraisals, pre-listing appraisals, and tax appeal appraisals. Known for their integrity, accuracy, and expertise, their team of certified and licensed appraisers ensures precise valuations backed by robust data. With over 25 years of experience, they have established a reputation for upholding ethical standards and delivering meticulous reports to support their clients’ needs.

Their extensive service areas include numerous counties in Illinois and Indiana, as well as parts of Florida, California, and Washington. Property management is another core service, making them a versatile partner for all real estate needs. By embracing technological advancements, they enhance their services, ensuring fast, accurate, and reliable appraisals. Whether clients are looking to make informed pricing decisions, challenge property tax assessments, or secure financing for commercial properties, TYKE Appraisals provides the expertise required to achieve optimal outcomes. Their commitment to client satisfaction is reflected in their personalized approach and the positive testimonials from those who have benefited from their services.

(847)5219584

3. Ias Residential Appraisal Services

★ ★ ★ ★ ★ 5,0/5

5227 N Austin Ave, 60630.0, Chicago

Real estate appraiser
Appraiser
Estate appraiser

Why we chose them

IAS Residential Appraisal Services stands out as a leading provider of expert residential appraisal services across Illinois and Indiana. They specialize in a wide array of appraisals, including divorce, estate settlement, tax appeal, and date of death appraisals. Their comprehensive approach leverages advanced technology to ensure accurate and timely valuations, a crucial service given the ever-changing real estate market. The company is particularly noted for its expertise in tax appeal appraisals in Cook County, with a strong emphasis on serving the city of Chicago. Their experienced team is adept at handling a variety of property types, including single-family homes, condominiums, and multi-family units.

The company’s commitment to excellence is evident in its tailored appraisal services that cater to complex assignments such as high-value divorce and estate consulting. Additionally, they offer pre-listing and pre-purchase appraisals, ensuring clients receive the most precise and reliable evaluations. Their service areas encompass several key counties in both Illinois and Indiana, including Cook, Lake, DuPage, and LaPorte, among others. By focusing on current market trends and utilizing multiple data platforms, they deliver results that clients can trust. This dedication to quality and accuracy is why they are a valued addition to our company directory.

(773)6834219

4. Rivich Auction & Estates

★ ★ ★ ★ ★ 4,4/5

415 N Sangamon St, 60642.0, Chicago

Auction house
Estate appraiser
Estate liquidator

Why we chose them

Rivich Auction & Estates, Chicago’s premier auction house, stands out for its comprehensive auction and estate services. Specializing in a wide array of valuable items, from gold and silver to fine art and vintage cars, this full-service auction house conducts approximately 20 major auctions annually. Utilizing platforms like LiveAuctioneers and Invaluable, Rivich ensures broad exposure for consignments, catering to both single items and lifelong collections. Their expertise extends to complete business liquidations, ensuring the best outcomes for clients’ assets.

In addition to auctions, Rivich Auction & Estates excels in estate sales, offering seamless experiences for those downsizing or managing estates after a loved one’s passing. Their services include sorting, staging, and pricing items to maximize sales potential. Known for their effective use of social media and online advertising, they broaden the reach of estate sales, engaging a wide audience. Offering free appraisal services, Rivich is dedicated to providing clients with the highest level of service and expertise in the auction and estate industry.

(312)7591525

5. Rose Estate Jewelers

★ ★ ★ ★ ★ 5,0/5

5 S Wabash Ave # 808, 60603.0, Chicago

Jewelry buyer
Diamond buyer
Gemologist
Jewelry appraiser

Why we chose them

Rose Estate Jewelers stands out as a premier destination for those looking to buy or sell exquisite jewelry in the Chicago area. Known for its expertise in buying and appraising diamonds, gold, and estate jewelry, the company is recognized for its professional standards and integrity. With services including jewelry buying, diamond buying, gemological assessments, and appraisals, it has garnered praise from clients for its fair business practices and deep knowledge of the high-end jewelry market. Featured in prestigious publications like Forbes and Market Watch, this establishment is celebrated for its commitment to client satisfaction and market insight.

Under the guidance of owner Murray Rose, the company has built a reputation as a trusted partner for individuals seeking to maximize the value of their jewelry investments. Clients frequently commend Rose’s personalized approach, emphasizing his dedication to finding the right buyers and providing thorough appraisals. His credentials, including a GIA certification, further affirm the company’s expertise. Whether dealing with recent designer pieces or rare estate finds, clients appreciate the respectful and knowledgeable service that has made this company a preferred choice in Chicagoland.

(773)5284265

6. Illinois Appraisal

★ ★ ★ ★ ★ 5,0/5

1109-1111 W Newport Ave, 60657.0, Chicago

Real estate appraiser

Why we chose them

Illinois Appraisal is a premier real estate appraisal service located in Chicago, Illinois, offering expert valuations for a wide range of real estate needs. With over 30 years of experience, the company is operated by a seasoned Illinois State Certified Real Estate Appraiser. Known for their comprehensive database of more than 10,000 personally inspected properties, Illinois Appraisal provides accurate market valuations that are essential for first and second mortgages, equity lines of credit, short sales, foreclosures, and more. Their services extend to a diverse clientele, including local and national banks, mortgage brokers, attorneys, and insurance agents, ensuring high customer satisfaction through reliable and professional appraisals.

The company’s expertise covers a wide array of property types, such as single-family residences, multi-family income buildings, condominiums, and agricultural land. They are particularly adept at addressing complex valuation needs for scenarios like employee relocation, estate planning, divorce settlements, and property tax appeals. Clients benefit from the company’s commitment to serving as trusted advisers, offering insightful market analysis to achieve optimal selling prices and avoid excessive marketing time. With a focus on precision and client education, Illinois Appraisal delivers expert results, making them a standout choice in the realm of real estate appraisal and valuation.

(312)3977700

7. Classic Auto Appraisals, Inc

★ ★ ★ ★ ★ 4,6/5

122 S Michigan Ave Suite 1390, 60603.0, Chicago

Real estate appraiser
Antique store
Jewelry appraiser
Appraiser

Why we chose them

Classic Auto Appraisals, Inc., established in 1983, is a trusted name in the world of vehicle appraisals, serving the Chicago and Ft. Lauderdale/Miami areas. Specializing in certified auto appraisals, the company provides accurate valuations for vintage, exotic, and classic cars. With a strong focus on customer service, they offer both in-person and remote appraisals via email or mail, ensuring convenience and accessibility for their clients. Whether settling insurance disputes or preparing to sell a unique vehicle, their expert appraisers deliver the essential insights needed for informed decisions.

In addition to their core focus on automobiles, they also offer a range of appraisal services, including real estate, antiques, and jewelry. This diverse expertise makes them a valuable resource for clients seeking comprehensive valuation services. The team’s dedication to precision and professionalism has established them as a reliable partner for those navigating the complexities of insurance coverage for classic cars. With many years of experience, they have become a local favorite for anyone in need of a trusted appraisal service.

FAQs

What services do real estate appraisers in Chicago offer?

Real estate appraisers in Chicago offer a variety of services, including residential appraisals for single-family homes, condos, and townhouses; commercial appraisals for office buildings and retail spaces; land appraisals for undeveloped land; estate planning and settlement valuations; tax assessment appeals; and consulting services on real estate investment and market trends.

How much does a real estate appraisal cost in Chicago?

In Chicago, the cost of a standard residential appraisal typically ranges from €280 to €560. Prices may vary based on the complexity of the property and the specific services required.

How long does it take to get an appraisal report in Chicago?

The turnaround time for an appraisal report in Chicago usually ranges from a few days to two weeks, depending on the appraiser's workload and the complexity of the property.

What should I consider when choosing a real estate appraiser in Chicago?

When choosing a real estate appraiser in Chicago, consider their experience, credentials, reputation, cost, and the turnaround time for their reports. It's important to select a professional who is licensed and has extensive knowledge of the local market.

Why is it important to hire a licensed real estate appraiser?

Hiring a licensed real estate appraiser ensures that the valuation is accurate and adheres to industry standards. Licensed appraisers have the necessary training and are recognized by relevant authorities, providing you with reliable and credible appraisal reports.

Can real estate appraisers in Chicago help with property tax assessment appeals?

Yes, real estate appraisers in Chicago can assist with property tax assessment appeals. They provide accurate valuations that can be used to challenge unfair property tax assessments, potentially lowering your tax liability.

What is the difference between residential and commercial appraisals?

Residential appraisals focus on evaluating the value of single-family homes, condos, and townhouses, while commercial appraisals assess the value of office buildings, retail spaces, and other commercial properties. Each type requires different expertise and approaches.

Are there any additional fees associated with real estate appraisals in Chicago?

Additional fees may apply depending on the complexity of the appraisal and any extra services requested, such as rush orders or detailed consultation. It's advisable to discuss all potential costs with your appraiser upfront.