Chicago Machinery & Equipment Appraisal Servives
U.S. Asset Appraisals provides certified machinery and equipment appraisal services in Chicago and the surrounding area delivering accurate appraisals.
Certified Machinery & Equipment Appraisals in the Chicago and Surrounding Area
Businesses throughout the Chicago metro rely on U.S. Asset Appraisals for accurate, defensible machinery and equipment valuations. Our certified appraisers provide USPAP-compliant reports for manufacturers, construction companies, trucking fleets, restaurants, breweries, medical facilities, machine shops, and commercial service businesses across Chicago, Naperville, Schaumburg, Joliet, Elgin, Aurora, and surrounding suburbs. Every appraisal is backed by real market data, equipment condition analysis, and industry expertise to ensure precise and credible values.
Whether you need an appraisal for SBA lending, bank financing, business acquisition, estate planning, insurance coverage, or litigation support, we deliver clear and defensible reports accepted by lenders, attorneys, CPAs, and courts. Chicago’s diverse industrial landscape includes metalworking, logistics, printing, construction, food service, transportation, and packaging — and our appraisers understand the nuances, resale markets, and equipment cycles that impact value in each sector.
U.S. Asset Appraisals is trusted across the Chicago region for our certified expertise, fast turnaround, compliance with USPAP and SBA SOP standards, and commitment to accuracy. From large manufacturing facilities to small family-owned businesses, we provide dependable valuations that help clients make informed financial and legal decisions with confidence.
Choose from an onsite or desktop appraisal to fit your budget and individual needs
Desktop Appraisal
A desktop appraisal is a fast and efficient option when a physical inspection isn’t required. Using equipment lists, photos, serial numbers, and market data, we prepare USPAP compliant valuations accepted by SBA lenders, banks, attorneys, and CPAs. Ideal for Chicago-area businesses that need accurate values quickly for lending, acquisitions, insurance, or financial reporting without the need to schedule an onsite visit. Click here to learn more
Onsite Appraisal
An onsite appraisal includes an in-person inspection to verify equipment condition, installation, and operation. This option is recommended for manufacturing, construction, trucking, medical, and restaurant businesses where wear, setup, or functionality impacts value. Our certified onsite reports are fully defensible and accepted for SBA lending, legal matters, insurance, and compliance throughout the Chicago metro. Click here to learn more
Industries Served
Click here to learn more about the different types of businesses and industries we serve. We continue building our library of industry resources, documenting the best practices for navigating each. We have leveraged our success in multiple industries to create a process that will work for you and your company.
Our Process
The U.S. Asset Appraisals team has decades of industry experience, giving us a deep knowledge of asset values and markets, allowing our team to successfully serve our clients. We have streamlined the appraisal process and work for our clients to quickly determine the value for your equipment.
FAQs
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Each Appraisal is individually quoted based on the amount of assets being appraised and the scope of work. We review each job, and we try to save the client money with our bid while still giving a realistic bid based on real conditions. We also like to give you an expected total cost up front – our quotes usually can get back to you within an hour. Our machinery and equipment appraisals start out at $600.
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Again, this is specific to each company or job. On most small to medium jobs, we can usually have the report in your email within 3-5 days after we have received all the data. Larger jobs will be given an expectation up front. The longest we take is 2 weeks for mid market or larger businesses with multiple locations. Our systems and technology have allowed us to be the most efficient in the industry.
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Yes! We only produce Qualified and Certified Equipment Appraisal Reports. We use the U.S.P.A.P. and I.F.R.S. guidelines depending on the client’s specific needs. All of our Appraisers have passed stringent training, maintain continuing education, and hold themselves out as Certified Machinery and Equipment Appraisers. Our Appraisers have one or more of the top certifications in this field. Our reports all come with a useful analysis.
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Yes! This is the same as above. We only produce Qualified and Certified Equipment Appraisal Reports. We use the U.S.P.A.P. and I.F.R.S. guidelines depending on the client’s specific needs. All of our Appraisers have passed stringent training, maintain continuing education, and hold themselves out as Certified Machinery and Equipment Appraisers. Our Appraisers have one or more of the top certifications in this field, those being: CMEA (Certified Machinery & Equipment Appraiser) and the GPPA (Graduate Personal Property Appraiser.
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We will schedule your appraisal and work through collecting the data either by an onsite visit or through desktop collection after we receive the following from you:
1. The Client Requesting the report.
2. The Business and or locations where the equipment is located.
3. The Time Frame you need your report in.
4. What the Appraisal is for (Needs to be Specific).
5. An asset list or depreciation schedule to quote the job.
6. Contact information (Phone, Email, Titles, Etc.)
This step generally takes less than an hour.
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1st - The main difference between the two is the cost of the desktop appraisal will be lower due to the fact that our equipment appraiser did not physically go onsite, saving time for the appraiser. We have a data collection Form that will help you give us all the information we need, saving YOU Time & Money.
