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Specializing in Appraising  Unusual Properties Since 1965                                                                                                      Contact Us

 
 
 

 

 

 

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Sin Strip

Sin Strip was a rather unusual and fun assignment. The City of Calumet City, Illinois, had for years a reputation of being a "fun place to go."  Unfortunately Las Vegas legalized gambling and prostitution and Calumet City did not. The result was that the Calumet City complex of adult entertainment was ultimately taken over by organized crime (although not so well organized that it was successful). The City decided to demolish the entire neighborhood. We got to do the appraisals.

The newspaper photos below give a sense of the area.

 

 

 

 

   
     

NOTE : If you are thinking of ordering an appraisal for financing purposes, please consult with your lender first.  Federal law dictates that banks must order the appraisal - not the borrower.

   
     
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