Appraisal Institute PRINT
M E M B E R    P R O F I L E

Michael Hobbs, MAI, SRA
Pahroo Appraisal & Consultancy
1440 N. Dayton Street - Suite LL-01
Chicago, IL 60642
(773) 388-0003
Fax: (773) 388-3331
Continuing Education Program Completed
Standards & Ethics Education Completed
Accepts Fee Assignments

Primary Market Area
Chicago, Chicago Suburbs of Northern Illinois

Secondary Market Area
Chicago MSA

Business Services
Absorption Studies Acquisition, Disposition Appraisal Appraisal Review Asset Management Consulting Data and Information Analysis Detrimental Conditions Valuation and Consulting Education FHA Appraisal Financial Workouts Foreclosure / REO Highest and Best Use Studies Litigation / Litigation Support Market Analysis Mediation, Arbitration, Dispute Resolution Mortgage Lending Consulting Non-cash Charitable Contributions Pension Fund Valuation and Consulting Property Management Public / Private Partnership Consulting and Valuation Real Estate Investment Trust Consulting and Valuation Relocation Appraisal and Consulting Retrospective Valuation Statistical Modeling Strategic Positioning

Property Types
  Condo, Multi-Family Project (Townhouse, Condo, Etc) High End Residential Historical Low Income and/or Affordable Housing Mixed Use (Residential / Commercial) Multi-family (2-4 units) Multi-family (5+ units) Ranchette (Hobby) Single Family Appraisal (Conventional, Other) Single Family Appraisal (FHA) Single Family Appraisal (Relocation) Single Family Appraisal (VA) Unique Property Sustainable Green Buildings Investment Rental
  Acreage (Mixed Use) Acreage (Non-Residential) Acreage (Residential) Coastal / Lakeshore, Riverfront, Other Waterfront Land, Urban Subdivision (Commercial, Industrial, etc)
  Condominium (Office / Retail / Etc.) Convenience Store / Service station Medical Facility / Clinic Office Building (High Rise, over three stories) Office Building (Low Rise, three stories or less) Restaurant / Bar / Night Club / Micro Brewery Retail (Single Tenant or Free Standing) Shopping Center (Local, Strip, Neighborhood, Community, Etc.) Shopping Center (Power Center, Outlet Center, Lifestyle, Etc.) Sustainable Green Buildings
  Industrial (Heavy (Manufacturing) Industrial (Small Office Warehouse / Mfg.) Industrial Light (Distribution, Storage)
  Religious Facility
  Dance Hall / Ballroom
   Special Purpose
  Mixed Use Private Educational Institution Tower (Antenna, etc) Sustainable Green Buildings
   Ownership Forms
  Air Rights Fee Simple Interest Ground Lease Leased Fee Interest Leasehold Interest Partial Interest
Other Professional Affiliations/Designations
American Society of Farm Managers & Rural Appraisers (ASFMRA)
Employee Relocation Council (ERC)
National Association of Realtors (NAR)
Appraisal Section of NAR
Spanish - Interpretational Ability
Polish - Interpretational Ability
Serbo-Croatian - Interpretational Ability