Chicago's Premium Consulting and Appraisal Company

Who We Are

First Real Estate Services, conveniently located in the heart of the Loop’s financial district, is one of Chicagoland’s foremost commercial real estate appraisal and consulting companies since 1990. We specialize in appraisal assignments that involve property located in Chicago and its suburbs, and the neighboring counties of Lake, Will, DuPage, Kane, and McHenry. We also provide our services throughout Illinois and Indiana.

As a full service real estate valuation firm, we offer our clients a well rounded, experienced and aggressive team of professionals for each and every appraisal assignment that we receive. Moreover, the staff of First Real Estate Services takes great pride in delivering appraisals in a timely manner that have a professional appearance and are succinct and well- reasoned.

Contact Us

Phone: 312-578-0600


Tax Issues

To estimate assessed value for tax professionals, business owners, asset managers, REITs, and property management companies which will assist them in their ad valorem assessment appeal process.

Ownership Transfer

To assist buyers/sellers with their offers/sale prices, allocation of purchase prices in transfers of multiple properties, and personal property.


To estimate the value of real estate for a proposed mortgage or construction loan.

Divorce/Estate Proceedings and Settlements

To assist in the valuation of assets for distribution and liquidation purposes and the valuation of assets for determining IRS and State Tax burdens.

Eminent Domain

To estimate the market value of a property as a whole before the taking, and the remainder after the taking in order to estimate the damages of a condemned property.

Feasibility and Sale/Leaseback Analysis

To assist in the determination whether a construction or a renovation project is an economically viable venture. Litigation Support, Expert Witness Testimony, and Research.