Business Details
We founded Freese and Associates in 1991, growing from a oneperson operation to a leading appraisal firm in the Chicagoland region. Our team of 18 licensed appraisers brings over 130 years of combined experience, ensuring deep market knowledge and accurate valuations. We proudly guarantee superior service to competitive lenders who rely on our precise, efficient real estate evaluations. We also assist individual homeowners and buyers seeking clear insight into the market value of their property. Our appraisers live and work in the communities they serve, giving us unparalleled familiarity with local trends and neighborhood nuances.
We have the expertise to meet the needs of clients residing in a downtown loft, a custom suburban home, or a rural log cabin. We maintain rigorous professional standards and adhere to sound appraisal principles that uphold the integrity of every report. Our commitment to client satisfaction drives us to deliver timely, accurate results that support informed lending decisions. We have built lasting relationships with numerous longterm clients and solid business partnerships over the past three decades. We reflect our dedication to excellence, reliability, and responsive service for every stakeholder.
We have the expertise to meet the needs of clients residing in a downtown loft, a custom suburban home, or a rural log cabin. We maintain rigorous professional standards and adhere to sound appraisal principles that uphold the integrity of every report. Our commitment to client satisfaction drives us to deliver timely, accurate results that support informed lending decisions. We have built lasting relationships with numerous longterm clients and solid business partnerships over the past three decades. We reflect our dedication to excellence, reliability, and responsive service for every stakeholder.
Highlights and features
- We have 18 appraisers with 130+ combined years of experience.
- We deliver over 8,000 appraisals annually with consistent accuracy.
- We employ appraisers who live locally, ensuring deep market knowledge.
- We guarantee timely, precise reports that meet lender compliance standards.
- We maintain rigorous professional standards and transparent reporting practices.
Services
Residential appraisals
Residential appraisals provide precise market value estimates for singlefamily homes, condominiums, and small multiunit properties. Our licensed appraisers use standardized forms and local market data to ensure accurate, lenderapproved reports. This service helps homeowners and investors make informed financing and pricing decisions with confidence.
Multiunit appraisals
Multiunit appraisals evaluate the value of properties ranging from duplexes to fourunit buildings. We apply incomebased methodologies and local market trends to deliver thorough, reliable valuations for investors and lenders. This ensures accurate rentroll analysis and supports sound investment strategies.
Manufactured home appraisals
Manufactured home appraisals determine the market value of mobile and modular homes using industrystandard criteria. Our appraisers consider location, condition, and recent comparable sales to produce precise reports for lenders and buyers. This service provides clear valuation insights for financing and insurance decisions.
New construction appraisals
New construction appraisals assess the value of recently built homes and commercial properties before they are occupied. Our team reviews architectural plans, material specifications, and site conditions to ensure accurate costbased valuations. This helps builders and lenders confirm project viability and secure financing.
Payout inspections
Payout inspections verify that a property's condition matches the appraisal report at the time of loan funding. Our inspectors conduct thorough onsite evaluations, documenting any discrepancies that could affect loan approval. This service reduces risk for lenders and ensures accurate loan disbursement.
