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Urban Real Estate
Research, Inc. performs a large volume of appraisals of retail
properties each year for assessment, financing, estate and other
purposes. Urban has experience in the appraisal of all types of
retail property – from a small single-tenant store to the largest
multi-t3enant mixed-use property. Some examples of these
assignments of single-tenant buildings are structures housing
restaurants, banks, automobile service centers and other retail
establishments.
We’re diverse.
At the other end of the spectrum are not only the neighborhood,
community, power and regional shopping centers we appraise but also the
mixed-use commercial structure such as Water Tower Place on Michigan
Avenue in Chicago.
We’re national.
We’ve performed shopping center appraisals in the Chicago metropolitan
area and across the nation. Due o the large volume of work we
perform, we have access to the most current data available, including
direct knowledge of various lease and sale transaction within the
marketplace.
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Partial List of Shopping Centers
Appriased
Arlington Town Square
900 North Michigan Avenue Building
Chicago Ridge Mall
Colony Square Shopping Center
Deerbrook Shopping Center
Dunning Square Shopping Center
Evanston Plaza
Evergreen Plaza
Ford City East Shopping Center
Ford City West Shopping Center
Ford City Shopping Mall
Golf Mill Shopping Mall
Harlem - Irving Shopping Center
Hoffman Village Shopping Center
Lehndorff U.S.A. Limited / Dallas, Texas
Lincoln Mall Shopping Center
Market Place Mall / Champaign, Illinois
Millbrook Shopping Center
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North
Pier Terminal Building
North Riverside Shopping Mall
North Riverside Shopping Center
Northwoods Mall
Oakbrook Shopping Center
Piper's Alley
Prairie View Plaza
Randhurst Shopping Center
Rivercrest Shopping Center
Sandburg Mall / Galesburg, Illinois
South Towne Mall / Utah
Streets of Woodfield
The Northbrook Place
Town & Country Shopping Center
Village Green Shopping Center
Village Square of Northbrook
Water Tower Place
Wilmette Commons Shopping Center
Woodfield Green
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Partial List of Retail Appriased
Ace
Muffler Company
Bloomingdales - 900 North Michigan Avenue
Busy Bee Nursery
Bridgestone/Firestone
Butera Stores / Golf Mill
Carson, Pirie, Scott & Company
Certified Grocers Midwest, Inc.
Circuit City / Bedford Park
Consumer Tire & Supply
Crate & Barrel
Cub Foods
Dominicks Finer Foods
Duke's Ace Hardware
Fayva Shoe Stores
Frank's Nursery
F.W. Woolworth Stores
Handy Andy Hardware
Holiday Boat Sales
H-J Service Station
J.C. Penney
Jiffy Lube
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K-Mart
Department Stores
Kohl's Department Stores
Lord & Taylor
Marc's Big Boy Corporation
The May Company / St. Louis
McDonald's
M.C. Mages Sporting Goods
Tony Piet Motor Sales
Polk Brokers - EyeLab, Inc.
Plunkett Furniture Company
Rob-Roy Golf Course
Ruby Dry Cleaners
Prairie Super Stores, Inc.
Sam’s Club Stores
Sax Fifth Avenue
Schultz Gas Service
Sears / Schaumburg
Sweeny's Food Mart & Service Station
Venture / Oak Lawn
Wal*Mart Department Stores
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- A 56 story, new office building with 1,300,000 square feet
in Denver, Colorado including a parking garage with 1,300 spaces for
internal purposes.
- A 135,000 square foot shopping center on the south side of
Chicago for refinancing for Water Tower Bank.
- Five properties is Springfield, Illinois, for the State of
Illinois Department of Central Management Services. These
properties included one office building under construction, one office
building recently completed, two renovated office buildings, and the
Department of Corrections training complex.
- A 38,500 sq. ft. office building located in Framingham,
Massachusetts for foreclosure purposes at the request of First Capital
Life Insurance.
- A 45,100 sq. ft. renovated historic office/retail complex
located in Worcester, Massachusetts for foreclosure purposes at the
request of First Capital Life Insurance.
- A 8,000 sq. ft. to-be-built office building located on 6800
Centennial Drive in Tinley Park, Illinois for financing purposes at the
request of Rubloff Development Group, Inc.
- 1645 W. Jackson - 300 South Ashland - Teamster City -
Chicago, IL We were asked to determine the fair market rental for
space in these two buildings (about 200,000 square feet of building
area) so that the vacant space in the property could be marketed to
third parties.
- A Chicago office building containing 6,500 square feet of
building area and 2,800 square feet of land area for the purchasing
purposes.
- A 75,000 square foot office building situated on 75,000
square feet of land for sale purpose.
- A commercial building in Chicago containing 346,574 square
feet of building area and 135,919 square feet of land (subject to
air-rights) for purchasing.
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