PerchChicago
Board detail · Permit #016-32224
CScore 56/100
top 45% citywide

Western Ave billboard — Lower West Side

Average site — traffic or visibility is middling. Compare against nearby alternatives.

#23 of 56 boards in Lower West Side by score

Working Bikes Cooperative, 2434, South Western Avenue, Heart of Chicago, Lower West Side, Chicago

For context: many commercial real estate investors target cap rates in the 5–8% range. This board's modeled 16.6% is above that band — not a substitute for your own diligence, but a starting comparison.

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We don't have photos yet; this is the closest thing to one.

The pin is the GPS point on this board's IDOT permit, so the street address is approximate and the sign may sit a little off from it. A permit can also stay on file after a sign comes down. Tip: choose See more dates in Street View to check earlier images. Don't see it? Tell us.

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Location
RouteWestern Ave
Nearest roadWestern Ave
Nearby billboards7 within 0.25 mi
Report card
Traffic
C
24,800 vehicles a day
Visibility
D
route type and distance to the road
Audience
D
area income and population
Value
C
$7.01 per 1,000 views vs. $7 benchmark
Competition
D
7 other structures within 0.25 mi (A means uncluttered)

The overall grade blends traffic, visibility, and audience. Value and competition are extra lenses and are not in the overall score. See Methodology.

Site quality
Traffic score
59/100
Visibility score
50/100
Demo fit score
53/100

Composite 56 = traffic 32.5 (55%) + visibility 10 (20%) + demo fit 13.3 (25%).

Who sees it
Vehicles passing daily24,800 (2022)
Est. monthly reach~471,000
Area income$69,327 · 42nd pctl
Area population4,157 · 66th pctl

Reach is a modeled vehicle-pass estimate (traffic × visibility), not a verified impressions count. Income/population are for the Census tract this board sits in — percentile is rank among all Chicago tracts in this dataset (higher = wealthier/denser).

The money
Perch Estimate / month
$3,250–$3,750
Perch Estimate / year
$39,600
Effective CPM
$7.01
Modeled valuation
~$238,000
Est. cap rate
16.6%
Payback period
~6 yrs
Permit
#016-32224

Revenue modeled from traffic × visibility at a $7 CPM (cost per 1,000 impressions/month — the standard way outdoor ad space is priced) benchmark, clamped to real Chicago market ranges by road type (source: public OOH rate data, see Methodology). Valuation assumes a 6× annual-revenue multiple (rough rule of thumb, not a real appraisal or listing).

Effective CPM works out to $7.01 per 1,000 modeled monthly views, vs. the $7 Chicago benchmark — at model benchmark — fairly priced.

Nearby competition

Closest 2 structures within 0.25 mi, all competing for the same eyeballs. Separate faces of one sign are grouped into a single row.

View this billboard on the interactive map →

Data as of September 2026