PerchChicago
Board detail · Permit #016-33336
BScore 70/100
top 21% citywide

Western Ave billboard — North Center

Solid site — good traffic and visibility. Reasonable candidate.

#6 of 23 boards in North Center by score

3807, North Western Avenue, North Center, Chicago
2 faces on this structure. Permits: #016-33336, #016-40575

For context: many commercial real estate investors target cap rates in the 5–8% range. This board's modeled 14.3% is above that band — not a substitute for your own diligence, but a starting comparison.

Street View ↗
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
NeighborhoodNorth Center ↗
RouteWestern Ave
Nearest roadWestern Ave
Nearby billboards1 within 0.25 mi
Report card
Traffic
B
29,900 vehicles a day
Visibility
D
route type and distance to the road
Audience
A
area income and population
Value
C
$7.04 per 1,000 views vs. $7 benchmark
Competition
A
1 other structure 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
71/100
Visibility score
50/100
Demo fit score
83/100

Composite 70 = traffic 39.1 (55%) + visibility 10 (20%) + demo fit 20.8 (25%).

Who sees it
Vehicles passing daily29,900 (2022)
Est. monthly reach~568,000
Area income$144,250 · 87th pctl
Area population5,134 · 78th 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
$3,750–$4,250
Perch Estimate / year
$48,000
Effective CPM
$7.04
Modeled valuation
~$336,000
Est. cap rate
14.3%
Payback period
~7 yrs
Permit
#016-33336

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 7× annual-revenue multiple (rough rule of thumb, not a real appraisal or listing).

Effective CPM works out to $7.04 per 1,000 modeled monthly views, vs. the $7 Chicago benchmark — at model benchmark — fairly priced.

Value history

Tracking started here — check back after future data updates to see how this board's estimate moves.

2026-09-18B70$3,750–$4,250
View this billboard on the interactive map →

Data as of September 2026