PerchChicago
Board detail · Permit #016-33338
CScore 65/100
top 29% citywide

Western Ave billboard — Lincoln Square

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

#2 of 10 boards in Lincoln Square by score

5544, North Western Avenue, Arcadia Terrace, Lincoln Square, Chicago
2 faces on this structure. Permits: #016-33044, #016-33338

For context: many commercial real estate investors target cap rates in the 5–8% range. This board's modeled 16.7% 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
NeighborhoodLincoln Square ↗
RouteWestern Ave
Nearest roadWestern Ave
Nearby billboards1 within 0.25 mi
Report card
Traffic
B
30,100 vehicles a day
Visibility
D
route type and distance to the road
Audience
C
area income and population
Value
C
$6.99 per 1,000 views vs. $7 benchmark
Competition
A
no other structures within 0.25 mi

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
72/100
Visibility score
50/100
Demo fit score
60/100

Composite 65 = traffic 39.6 (55%) + visibility 10 (20%) + demo fit 15 (25%).

Who sees it
Vehicles passing daily30,100 (2022)
Est. monthly reach~572,000
Area income$62,500 · 36th pctl
Area population7,577 · 95th 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
$6.99
Modeled valuation
~$288,000
Est. cap rate
16.7%
Payback period
~6 yrs
Permit
#016-33338

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 $6.99 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.

2026-09-18C65$3,750–$4,250
View this billboard on the interactive map →

Data as of September 2026