APPRAISAL REPORT 14 SKOKIE HIGHWAY in UNINCORPORATED LAKE COUNTY near LAKE BLUFF, ILLINOIS 60044 Second City Appraisal, LLC 420 Lake Cook Road, Suite 116 Deerfield, IL 60015 www.secondcityappraisal.com (224) 804-6533
[email protected] SECOND CITY APPRAISAL, LLC Appraising Chicago for Three Generations 420 Lake Cook Road, Suite 116 Deerfield, IL 60015 (847) 858-0176 (Voice) ANDREW J. RICHTER, MAI PRESIDENT
[email protected] Mr. Dan Rogers March 5, 2019 President Rockland Fire Protection District 14 North Skokie Highway Lake Bluff, Illinois 60044 Dear Mr. Rogers: As you recently requested, we have prepared an appraisal valuing the fee simple interest in the property commonly known as 14 SKOKIE HIGHWAY in UNINCORPORATED LAKE COUNTY, near LAKE BLUFF, ILLINOIS. The property consists of the 26,087 square foot (0.60 acre), virtually rectangular shaped interior site, improved with a 12,242 square foot, one and part two-story on slab, masonry constructed fire house, built in 1970. The fully- sprinklered building has a five-bay fire truck garage at the front, and 7,742 square feet (63.2%) of finished space on two floors, providing training, classroom and on-duty staff lounge and kitchen areas. At the date of our inspection, the building was vacant, with the fire protection equipment and staff only recently relocated. We hereby certify that we have no past, present or contemplated future interest in the property; that neither this appraisal, nor the compensation therefore, are contingent upon the value reported; that we have most recently inspected the property on February 20, 2019; and that this appraisal report has been made in conformity with Standard 2-2(a) of the Uniform Standards of Professional Appraisal Practice (USPAP); the Financial Institutions Reform, Recovery and Enforcement Act (FIRREA); and the Appraisal Institute, which has the right of review.