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Find Appraisal real estate pros in Chicago

Avatar for MJ/Johnson Appraisals
MJ/Johnson Appraisals
4.7(
322
)

Serving Chicago, IL and surrounding areas

Angi Approved

Super Service Award Winner

In business since 2005

Customers say: True professional

"Mr Johnson was very efficient and professional. I would recommend his services to anyone looking for an appraisal. He contacted me the same day I inquired about services and scheduled me an appointment for two days later. He got my appraisal back to me when he said he would, and didn’t prolong the process. This is a great company to work with. "
Response time5 hrs
22 neighbors recently requested a quote
Recommended by86%of homeowners
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Brian Douglas Morgan Certified Appraiser
5.0(
12
)

Serving Chicago, IL and surrounding areas

Angi Approved

In business since 2003

Free estimates

Credit card accepted

"I called four certified home appraisers to find out their pricing and Brian Douglas Morgan called me back almost immediately quoted me a fair price and was able to schedule me within a couple of days on a Friday. Brian showed up and was professional, considerate of the carpeting and the furnishing. He took photos of everything and had the appraisal back to me over the weekend. Very happy with his service, thoroughness and professionalism."
Response time5 hrs
Response rate95%
9 neighbors recently requested a quote
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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.5(
15
)

Serving Chicago, IL and surrounding areas

Angi Approved

In business since 2018

Credit card accepted

Offers commercial services

"Very kind and helpful, provided the exact service we needed at a very fair cost."
Restaurant
Response time6 hrs
1640 neighbors recently requested a quote
Recommended by26%of homeowners
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Avatar for Book Value Appraisals
Book Value Appraisals
5.0(
1
)

Serving Chicago, IL and surrounding areas

Angi Approved

In business since 2015

Free estimates

Credit card accepted

Locally owned and operated real estate appraisal firm serving central and northeastern Illinois. We are experienced with all types of residential appraisals including single family units, 2-4 unit income properties, condominium, land appraisals, pre-listings, estate appraisals, bankruptcy and assessor related services, and more. Our priority is a high quality appraisal delivered in a quick turn around. Please call for availability outside of listed business hours.

Response time12 hrs
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Avatar for Nancy Perlman
Nancy Perlman
5.0(
79
)

Serving Chicago, IL and surrounding areas

In business since 2001

Free estimates

"Nancy is an amazing real estate agent!! She knows her business inside and out, she was always available for us. If it weren’t for her we would have given up. She worked very hard to get us into a beautiful home. We will definitely recommend her to anyone looking for a new home."
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+3

Recommended by100%of homeowners
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Avatar for Domicile Consulting LLC
Domicile Consulting LLC
5.0(
315
)

Serving Chicago, IL and surrounding areas

In business since 1998

Emergency services offered

Credit card accepted

"I've used Domicile Consulting for several homes, after initially finding the company on Angie's List. Dan Cullen is exceptionally knowledgeable, objective and insightful. Prices are reasonable and well worth the investment. Dan takes copious pictures and compiles them in a handy report with recommendations. Highly recommended."
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Critical Chimney Failure
Roof, meet Mother Nature
Unintended Shock...

+1

Recommended by98%of homeowners
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FAQs for appraisal real estate service projects in Chicago, IL

The appraisal timeline begins with scheduling, which may take three to five days, depending on local appraiser availability. The on-site evaluation requires one to three hours based on property size and complexity. Following the inspection, appraisers need two to five days for research, analysis, and report preparation. The entire process takes seven to 10 days, though complex properties or government-backed loans may extend this timeframe.

The value of home appraisals extends beyond their immediate expense. They protect buyers from overpaying and help lenders ensure appropriate loan amounts. By providing independent market value verification, home appraisals help prevent potential financial missteps in major property transactions. This protection justifies the upfront cost for most real estate scenarios.

Home appraisers evaluate numerous property elements, including square footage, floor plan functionality, overall condition, and specific features. They document improvements, necessary repairs, and distinctive amenities. These observations are compared against similar properties recently sold in the neighborhood. Appraisers also consider location factors, current market conditions, and relevant zoning or property restrictions.

Yes, home appraisal fees are collected before the final closing. Since lenders require completed home appraisal reports before finalizing loan approvals, this cost occurs earlier in the transaction process. While buyers usually cover this expense, payment methods vary—some pay directly to the appraiser while others include it in closing costs.

Some property owners successfully use recent appraisals when challenging tax assessments. However, tax-assessed values often differ from market valuations. The appeal process involves submitting your appraisal as evidence that the tax authority's valuation exceeds actual market value. Success rates vary by jurisdiction, and the process may require patience and persistence.

From the buyer's perspective, appraisals verify they aren't overpaying for a property. Lenders won't approve financing that exceeds appraised value, potentially requiring buyers to renegotiate or contribute additional cash. Appraisal findings can also inform future improvement planning and investment decisions.

For sellers, preparation makes a difference. Clean, well-maintained properties present better during appraisal evaluations. Some sellers obtain pre-listing appraisals to establish appropriate asking prices, though most rely on the buyer's lender-ordered appraisal during the transaction process.

The Chicago, IL homeowners’ guide to appraisal real estate services

From average costs to expert advice, get all the answers you need to get your job done.

See all articles
  • agent giving couple home appraisal

    Curious who does home appraisals? Find the right licensed home appraiser, see how appraisals work, and learn the average cost before you book.