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Stacey Costello


Stacey Costello Appraiser
Chicago 321 North Clark Street
Suite 3400
Chicago, IL 60654

Professional Experience

Stacey Costello has been an appraiser in the CBRE, Inc. Chicago office since 2012. Her primary focus is retail properties such as neighborhood and community centers, restaurants, freestanding retail, small strip centers and new and proposed developments.  

She also has experience in consulting and valuation of a wide variety of other commercial properties including office buildings, warehouse/distribution facilities and vacant land. Additional experience includes market studies, cash flow analyses reports for owners/developers, insurance companies, pension fund advisors, governmental agencies, commercial lending institutions and investment companies.

Prior to her career at CBRE, Inc., Ms. Costello was the Director of Operations at the Uptown Research Institute in Chicago and worked as a Project Coordinator in oncology research at Northwestern University.

Affiliations / Accreditations

  • Associate Real Estate Trainee Appraiser, Illinois


  • Bachelor of Arts, Biotechnology – University of Northern Iowa
  • General Market Analysis and Highest & Best Use
  • Real Estate Finance, Statistics and Valuation Modeling
  • Income Approach I and II
  • Sales Comparison Approach
  • Report Writing and Case Studies
  • Basic Appraisal Procedures
  • Basic Appraisal Principles
  • National USPAP

Property Types Appraised

  • Shopping Centers
  • General Retail
  • Proposed and Redevelopment Projects
  • Mixed-Use Buildings
  • Restaurants
  • Auto Dealerships
  • Industrial
  • Office
  • Subdivision Land & Vacant Land

Significant Assignments

  • Albertsons Grocery Store Portfolio
  • Fulton Market Retail | Chicago
  • Heritage Shops at Millennium Park | Chicago
  • Eagles Club | Milwaukee, WI
  • West Park Mall | Cape Girardeau, MO
  • Belle Square Retail/Office | La Crosse, WI
  • Adidas | Wicker Park, Chicago
  • Drake Hotel Retail | Chicago
  • Skokie Commons | Skokie, IL
  • Ozinga Portfolio
  • Walgreens Portfolio
  • Civic Center Plaza | Niles, IL
  • Copley Center | Schaumburg, IL
  • US Bank Portfolio
  • Iron Mountain Plaza | Iron Mountain, MI
  • The Shops at Flint Creek | Barrington, IL
  • Tinley Park Commons | Tinley Park, IL
  • Chicago Port Railroad
Stacey Costello Appraiser
Chicago 321 North Clark Street
Suite 3400
Chicago, IL 60654