Urban has appraised a variety of apartment buildings including 3-flat condo conversions in Lincoln Park, 600-unit high-rise buildings in downtown Chicago and 800-unit suburban campus-setting apartment complexes.  The appraisals involved sales, re-financing, estate planning and real estate tax work.

Leader in the field.

We work closely with some of the major lending institutions and property owners/developers in Chicago and the suburbs.  Our working relationships with these groups, coupled with our knowledge and expertise in the real estate field, make us one of the leading real estate appraisal and consulting companies in the Chicagoland area.



Partial List of Apartment Buildings Appraised
    215 East Chestnut Apartments
    445 East Ohio
    71 East Division Apartments
    Bloomington Court Apartments
    Braymill Apartments/Michigan
    Brook Forest Apartments/Hammond, Indiana
    Brookmeadows Apartments
    Carnegie Apartments / Southfield, Michigan
    Carriage House of Decatur II Apartments
    Columbus Plaza
    Country Club Heights Apartment Complex / Quincy, Illinois
    Countryside Villages - Plano
    Countryside Village I - Yorkshire
    Countryside Villages - Mt. Morris
    Countryside Villages - Oregon
    Crestwood Village Apartments
    Crossings of Spring Creek East Apartments
    Florida House
    Garden House of River Oaks Apartments
    Garden House of River Oaks II
    Gates Manor Elderly
    George Town Apartments
    Germano Millgate Apartments
    Glen Willows Apartments
    Heritage House
    Innsbruck Apartments
    Ivanhoe Apartments
    Jonathon's Landing / Kent, Michigan
    Kensington Place Apartments
    Lake Shore Plaza
    Larrabee Commons
    Lexington Green Apartments
    Luther Center Apartments
    Maplebrook Apartments / Michigan
    Morningside North
    Oak Lane Apartments
    Palmer Square Apartments
    Phoenix Tower Apartments
    Skyline Towers Apartments
    Summit North Apartments/Indianapolis, Indiana
    Tall Oak Village Apartments
    Timberfalls Apartments / Indianapolis, Indiana
    Twin Oaks Drive Apartments
    Villa Capri Apartments
    West Point Plaza
    Whispering Hills / Kansas
    Woodland Towers Apartments

  • A 400+ unit apartment/commercial complex in the Near North side of Chicago for the Illinois Housing Development Authority.
  • A 502 unit apartment complex in Grand Blanc, Michigan, for Marquette Properties.
  • A 628 unit, multi-residential apartment complex in a Near North Chicago neighborhood that is undergoing gentrification.  We appraised the property in its "as is" condition and also its value after the planned rehabilitation.  This  included a 92,000 square foot shopping center which includes a 10 screen movie theater anchor.
  • A 518 unit apartment complex in Indianapolis, Indiana, for foreclosure purposes at the request of First Capital Life Insurance Company in California.
  • A 440 unit apartment complex in Lisle, Illinois for bankruptcy litigation.
  • A 600+ apartment complex in Naperville, Illinois for the CTA pension fund.
  • A 302 unit new apartment tower located on North Clark Street in Chicago, Illinois, at the request of Clark/Elm Associates Limited Partnership.
  • In the late 1980's apartment complexes throughout USA for Balcor while owned by J. Reinsdorff.
Appraisals of the following apartment complexes for fiinancing purpoes at the request of the Illinois Housing Development Authority.  Appraisals were approved by IHDA and the Bond Issuing New York Banks/Finacial Institutions.
Property Name
Size
Bldg. Age
Land Size
Garden Oaks - Calumet City, IL
Kensington Place - Schaumburg, IL
Lake Shore Plaza - Chicago, IL
Village Center - Skokie, IL
The Parkways - Chicago, IL
Morningside North - Chicago, IL
The Crossings - Rockford, IL
Palmer Square - Chicago, IL
Gates Manor - Wilmette, IL
Shadley Apartments - Belvedere, IL
Luther Center - Rockford, IL
Cornerstone House - Chicago, IL
Innsbrook Apartments - Chicago, IL
Shadowood Apartments - Lisle, IL
Towerview Apartments - McHenry, IL
Constitution House - Aurora, IL
Pheonix Tower - Bloomington, IL
Wolford Apartments - Danville, IL
Diversey Square - Chicago, IL
Frank B. Peers - Highland Park, IL
Ivanhoe Apartments - Joliet, IL
533 West Barry - Chicago, IL
Countrywood Apartments - Naperville, IL
102 W. Washington - Waukegan, IL
East Park Apartments - Chicago, IL
Indian Trial Apartments - Addison, IL
732 S. Financial - Chicago, IL
Huntington Square Apts. - Mt. Prospect, IL
Village Grove Apts. - Elk Grove Village, IL
Arbor Trails - Park Forest, IL
Carriage House - Decatur, IL
Florida House - Urbana, IL
Bloomington Court Apts. - Bloomington, IL
Skyline Towers Apts. - Alton, IL
Woodlawn Towers Apts. - Collinsville, IL
West Pointe Plaza - Chicago, IL
Heritage House - Oak Park, IL
Tall Oak Village - Washington, IL
Brookmeadows Apts. - Pekin, IL
King Dr. & Essexs Apts.  - Chicago, IL
Northlake Farms Apt. - Gurnee, IL
Park Apartments - Chicago, IL
Anchor House - Chicago, IL
Brandonwood Retirement - Morton, IL
133,498
373,891
649,787
121,052
585,925
207,000
169,080
159,753
48,100
86,380
159,034
237,500
523,805
320,000
36,620
168,253
130,790
98,704
201,693
50,508
417,168
149,734
156,210
73,907
63,047
192,268
171,735
309,129
235,037
483,052
105,330
97,230
78,310
126,814
80,302
175,561
189,140
125,910
132,540
80,644
245,836
132,905
76,890
69,692
13
17
6
10
20
12
0
72
16
16
16
0
21
19
32
19
16
65
15
6
25
28
0
0
0
19
80
21
19
19


0
15
15
14
13
13
15
83
13
86
33
26
130,680
1,001,880
54,562
53,425
294,300
47,916
603,741
100,500
21,526
54,450
64,904
47,156
1,258,448
1,108,166
29,541
177,811
84,942
16,539
108,000
44,997
741,826
33,212
403,366
7,798
40,436
165,500
21,467
507,909
767,962
12,800,000
289,648
111,000
321,900
196,020



6,100,000
6,000,000






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