Business Appraisal Companies Chicago

Business Appraisal Companies Chicago

Knowing the value of a business is an important data point for driving decisions. At Allstate Appraisal, we are a leader in business appraisals throughout Illinois and Indiana, with years of experience performing business appraisals for companies in myriad industries. If your company is in need of an appraisal and has been searching for business appraisal companies in Chicago, look no further than Allstate Appraisal. We are here to serve you. 

Types of Commercial Property Types We Work With

When you need a business appraisal, you can take comfort in knowing that our company has experience working with businesses like yours. Types of industries we have experience conducting business appraisals in include: 

• Agricultural
• Apartment complexes
• Assisted living facilities
• C-Stores
• Car washes
• Casinos
• Condo developments
• Craft breweries
• Funeral home and cemetery
• Gas stations
• Hotels
• Industrial facilities
• Land/subdivisions
• Marinas
• Mixed-use properties
• Neighborhood properties
• Office buildings
• Poultry farms
• Retail/strip centers
• Self-storage facilities
• Vacant land
• Veterinary clinics
• Vineyards
• Warehouse and storage 

We know that all businesses and industries are unique, and recognize that not all appraisers are equally qualified to perform an appraisal on all business types. When you work with Allstate Appraisal, you can take comfort in knowing that each appraiser we work with is fully vetted and approved, and that the person who performs your business appraisal will be someone with the appropriate knowledge and experience for your property type. 

Why You Might Need a Business Appraisal

There are a handful of reasons why you might need a business appraisal. Top reasons to seek a business appraisal include

• Exit strategy planning. Planning for how to exit a business is important as you think about the future, and that course of action should be informed by the value of your business. 
• Inform decision-making. The outcome of a business appraisal can help to shape short- and long-term strategies for the business, such as whether to sell, invest, expand, change products or services, etc. 
• Buy-sell agreements, mergers and acquisitions, shareholder changes. Before any major legal transformations can occur involving a business, such as a buy-sell agreement, a merger or acquisition, or a shareholder change, the value of a business must be determined. 
• Estate planning. Planning for your estate and tax planning requires knowing what your estate is worth, which will demand factoring in the value of your business. 

In addition to the above, a business appraisal may be required when granting stock options, making charitable donations, creating an ESOP, transaction planning, or during litigation. 

Our Business Appraisal Process in Chicago

Our business appraisal process is comprehensive, and begins with assigning the most qualified appraiser for the job. As we undertake the appraisal process, we’ll keep you apprised and updated along the way. Once the draft appraisal report is ready, we have it reviewed and assessed for any defects. The final appraisal report will be revised by our chief appraiser before being released to the client. We also have a robust rebuttal process in place. 

Call Allstate Appraisal Today

To learn more about business appraisal companies in Chicago and why you should choose Allstate Appraisal, call us today or use the intake form on our website to send us a message directly.