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Qualifications of Jay M. Heap
Jay M. Heap & Associates, LTD
Morris, Illinois 60450
Employment
Morris Federal Savings & Loan Assn. 1973-1978 as VP mortgage
loans and appraiser.
Founded Jay M. Heap & Associates, LTD,
on January 1, 1979.
An independent appraisal and
consulting service specializing in Residential, Commercial,
Industrial, and Agriculture Properties.
Licenses
State Certified General Real Estate Appraiser - Illinois
License #553.000212
State Certified General Real Estate Appraiser - Missouri
License #2019007803
Memberships
International Right-of-Way Association
Illinois Association of Realtors
Illinois Coalition of Appraisal Professionals
Associate Member of The Appraisal Institute
Professional Designations
CIAO (Certified Illinois Assessing Officer) – 1986 –
Illinois Property Assessment Institute
R/W – AC (ROW – Appraisal Certified) International
Right-of-Way Association
Experience
Assignments for both valuation and consultation services
include fee simple, partial interest property rights,
property easements throughout Illinois. During the course
of the last 12 years extensive appraisal work and market
studies have been completed for utility easement valuation.
These include the value of the whole property (larger
parcel), part acquired, permanent easements, temporary
easements and analysis of damages (if any) to the remainder.
Additionally, expert witness testimony has been provided as
well as litigation support for real estate tax matters,
zoning cases and eminent domain cases. Property types
include single family, multi-family residential;
agriculture; commercial such as office, retail, service,
mixed unit; industrial such as manufacturing, research and
development and warehouses; special purpose properties such
as convenience stores, gasoline stations, churches, funeral
homes, car washes, and marinas. Provided highest and best
use studies and planning and zoning consulting. Illinois
Department of Transportation approved appraiser, reviewer,
and negotiator.
Activities
Morris Township Assessor (1982 to 2016)
Director of Building, Planning and Zoning for the City of
Morris (1988-1996)
Illinois Appraisal Board/Office of Banks and Real Estate
(Board Member 2002)
Education
Graduate of Morris Community High School (1970) and attended
two years of college.
Intensive appraisal courses provided by The Society of Real
Estate Appraisers, University of Illinois, Illinois
Department of Revenue, Illinois Property Assessment
Institute, Illinois Coalition of Appraisers and the
Appraisal Institute.
Court Experience
Qualified and testified as expert
witness in courts of Grundy, LaSalle, Kendall, Kankakee,
Iroquois, Woodford, McLean, Livingston, and Will Counties,
all situated in the State of
Illinois
Partial Client List
Lenders:
Grundy Bank, Morris Building & Loan, First Midwest Bank of
Illinois, Mazon State Bank, Standard Bank and Trust Co.,
Valley Bank, Hinsdale Bank, Morris Community Credit Union,
First National Bank of Dwight, First National Bank of
Wilmington, Twin Oaks Savings Bank, Founders Bank of
Minooka, Hinsdale Hospital Credit Union, Harris Bank Joliet
N. A., Bank of Lockport, Millbrook-Newark Bank, New Lenox
State Bank, First Chicago Bank, Bank of Pontiac, Peotone
Bank & Trust, Norwest Financial, Union Bank of Streator,
Benchmark Bank, Bank of America – St. Louis, Centrue Bank,
National City Bank of Michigan/Illinois, Archer Bank –
Chicago, First National Bank of Ottawa, Ottawa Savings
Bank, Busey Bank and Yorkville National Bank
Governmental & Corporations:
Property Tax Appeal Boards of Grundy, Kendall and LaSalle
Counties, The Cities or Villages of Morris, Coal City,
Dwight, Minooka, Mazon, Gardner, South Wilmington, Seneca,
Oswego, Yorkville, Normal, Streator and Channahon, Counties
of Grundy, Kendall, LaSalle, McLean, Livingston, Kankakee
and Will all situated in the State of Illinois, Illinois
Department of Natural Resources, Illinois Department of
Transportation, Illinois Division of Mines & Reclamation,
Illinois Division of Aeronautics, Central Illinois
(Bloomington) Regional Airport, Illinois Valley (Peru)
Regional Airport, South Suburban Airport Authority, Morris
Airport Authority, Pontiac Airport Authority, Enbridge
Pipeline, Northern Border Pipeline, Alliance Pipeline,
Quantum/Equistar Pipeline, Vector Pipeline, Guardian
Pipeline, Dupont, Alumax, Caterpillar, ComEd, Northern
Illinois Gas, Aqua of Illinois, Inc., Illinois American
Water Company, Morris Hospital, Morris Fire Protection
District, Winfield Fire Protection District, Braidwood Fire
Protection District and Gardner Fire Protection District,
Fox Metro Water Reclamation District, Grundy County Highway
Department, McLean County Highway Department, Livingston
County Highway Department, LaSalle County Highway
Department, Bourbonnais Highway Department, Will County
Forest Preserve, Kendall County Forest Preserve, Oswego Park
District, Oswego Library District and the Dakota Park
District.
Other Clients:
Attorneys, Real Estate Investors, Real Estate Brokers, Home
Transfer Companies, Land Trusts, Estates and Individuals
Continuing Education
The State of Illinois requires continuing education for all
Licensed and Certified Appraisers. Based upon the current
requirements, Jay M. Heap has completed continuing education
for the State of Illinois through September 30, 2019. The
State of Missouri requires continuing education for all
Licensed and Certified Appraisers. Based upon the current
requirements, Jay M. Heap has completed continuing education
for the State of Missouri through June 30, 2020.
The International Right of Way Association requires
continuing education for all designated appraisers. Based
upon the current requirements, Jay M. Heap has completed
continuing education for the International Right of Way
Association through December 31, 2019.
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