PerchChicago
Board detail · Permit #016-40571
FScore 36/100
top 78% citywide

Montrose Ave billboard — North Center

Weak site — low traffic and/or visibility. Likely not worth pursuing on its own.

#23 of 23 boards in North Center by score

4356, North Leavitt Street, North Center, Chicago

For context: many commercial real estate investors target cap rates in the 5–8% range. This board's modeled 25.1% 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 ↗
RouteMontrose Ave
Nearest roadMontrose Ave
Nearby billboards1 within 0.25 mi
Report card
Traffic
F
10,400 vehicles a day
Visibility
D
route type and distance to the road
Audience
B
area income and population
Value
C
$7.07 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
11/100
Visibility score
50/100
Demo fit score
79/100

Composite 36 = traffic 6.1 (55%) + visibility 10 (20%) + demo fit 19.8 (25%).

Who sees it
Vehicles passing daily10,400 (2022)
Est. monthly reach~198,000
Area income$124,167 · 77th pctl
Area population5,373 · 82nd 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
$1,250–$1,750
Perch Estimate / year
$16,800
Effective CPM
$7.07
Modeled valuation
~$67,000
Est. cap rate
25.1%
Payback period
~4 yrs
Permit
#016-40571

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

Effective CPM works out to $7.07 per 1,000 modeled monthly views, vs. the $7 Chicago benchmark — at model benchmark — fairly priced.

Nearby competition

Closest 1 structures within 0.25 mi, all competing for the same eyeballs. Separate faces of one sign are grouped into a single row.

Value history

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

2026-09-18F36$1,250–$1,750
View this billboard on the interactive map →

Data as of September 2026