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    Angelo Labriola, Chicago, IL

    License ID: 475130926
    Sperry Van Ness
    Years of Experience
    15
    Association
    Northern Illinois Commercial Assoc Of Realtors

    Service Locations

    Contact details

    Phone:
    (708) 307-7529
    Office Address:
    940 W Adams St Ste 200, Chicago, IL, 60607

    Performance

    Listings
    23
    Total transactions
    66
    Total transactions amount
    $37M
    Price range
    $374k - 842k
    Average price
    $561k

    Listings

    For Sale (20)

    View map
    • $675,000
      6,667 SF

      Pilsen Multifamily Value-Add

      Prime Chicago location, 3-story building, value-add potential.
      715 18Th St, Chicago, IL 60616
      View Details
    • $675,000

      7,056 SF Retail Center

      Five-unit retail center with parking on W 79th Street.
      1741 W 79Th St, Chicago, IL 60620
      View Details
    • $775,000

      Mixed-Use Building with Retail and Apartments

      Mixed-use property featuring retail spaces and residential units in Chicago.
      3012 N Laramie Ave, Chicago, IL 60641
      View Details
    • $125,000
      8,208 SF

      Michigan Avenue Land Site

      8,208 SF land site near Metra and CTA expansion.
      11241 S Michigan Ave, Chicago, IL 60628
      View Details
    • $150,000
      19,665 SF

      Prime Land in Auburn Gresham

      19,665 SF land with high visibility and B1-1 zoning.
      1925 W 79Th St, Chicago, IL 60620
      View Details
    • $2,750,000
      48,700 SF

      Kenwood Church and School Campus

      Religious and educational complex in Chicago's Kenwood neighborhood.
      1000 E 47Th St, Chicago, IL 60653
      View Details
    • $2,750,000
      21,656 SF

      Chicago Retail Center with Parking

      Stabilized retail center with value-add potential in Chicago's East Side.
      10226 South Indianapolis Ave, Chicago, IL 60617
      View Details
    • $1,200,000
      5,904 SF

      Renovated Multifamily Property with Upside

      Fully renovated, 100% occupied multifamily property with income potential.
      1813 S Ashland Ave, Chicago, IL 60608
      View Details
    • $1,900,000
      39,590 SF

      Bronzeville Redevelopment Opportunity

      Former school campus with redevelopment potential in historic Bronzeville.
      4052 South Wabash Ave, Chicago, IL 60653
      View Details
    • $1,200,000
      26,731 SF

      Antioch Redevelopment Opportunity

      3.5-acre property with redevelopment potential in Antioch, Illinois.
      900 Elizabeth St, Antioch, IL 60002
      View Details
    • $899,000
      25,388 SF

      Berwyn Development Opportunity Near Ogden Avenue

      25,388 SF site approved for 36-unit residential development.
      3401 Ridgeland Ave, Berwyn, IL 60402
      View Details
    • $3,950,000
      82,250 SF

      Pilsen Assemblage with Development Potential

      Four buildings totaling ±82,250 SF with additional land.
      1650 W 17Th St, Chicago, IL 60608
      View Details
    • $480,000
      6,000 SF

      Mixed-Use Building on Corner Lot

      Well-maintained 8-unit mixed-use building with retail and residential units.
      1656 W 79Th St, Chicago, IL 60620
      View Details
    • $825,000
      7,500 SF

      Pilsen Redevelopment Opportunity: Six Units

      Redevelopment opportunity in Pilsen with approved plans for six units.
      2222 W 21St St, Chicago, IL 60608
      View Details
    • $269,000
      15,000 SF

      Former School Redevelopment Opportunity

      Versatile school building in South Shore, Chicago, for sale.
      7550 South Phillips Ave, Chicago, IL 60649
      View Details
    • $1,495,000
      5,450 SF

      Established Restaurant Opportunity in McHenry

      Turnkey restaurant with real estate, recipes, and equipment included.
      2816 Illinois 120, McHenry, IL 60051
      View Details
    • $175,000
      13,094 SF

      Corner Land Site on Ashland

      13,094 SF land site in Auburn Gresham neighborhood.
      6101 S Ashland Ave, Chicago, IL 60636
      View Details
    • $11,000,000
      15,239 SF

      Wrigleyville Mixed-Use Investment Opportunity

      Mixed-use property near Wrigley Field with hotel and brewery.
      3475 North Clark St, Chicago, IL 60657
      View Details
    • $760,000
      8,500 SF

      Elmwood Park Mixed-Use Investment

      Two-building package with retail and mixed-use in Elmwood Park.
      7504-06 West Grand Ave, Elmwood Park, IL 60707
      View Details
    • $575,000
      5,047 SF

      Corner Mixed-Use Building with Retail

      Three-unit mixed-use building with retail space and residential apartments.
      2024 S Ashland Ave, Chicago, IL 60608
      View Details

    For Lease (3)

    View map
    • $17 SF/Yr
      11,974 SF

      Retail Space in High-Traffic Area

      7,134 SF retail space with excellent visibility and access.
      2341 W Howard St, Chicago, IL 60645
      View Details
    • $6,000 /Mo
      78,106 SF

      High-Visibility Retail Space & Signage

      Retail space with exceptional signage opportunities on Chicago's busiest expressway.
      2201 S Halsted St, Chicago, IL 60608
      View Details
    • $25 SF/Yr
      10,270 SF

      West Loop Retail Near Transportation

      Retail space in Chicago's West Loop near Union Station.
      113 South Clinton St, Chicago, IL 60661
      View Details

    Leases and Sales on Map

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    • For Lease

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    Angelo Labriola, Chicago, IL
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    Angelo Labriola, Chicago, IL
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