PerchChicago
Board detail · Permit #1-05997
BScore 71/100
top 18% citywide

Ohio St billboard — Near North Side

Solid site — good traffic and visibility. Reasonable candidate.

#12 of 77 boards in Near North Side by score

601, North Wells Street, River North, Near North Side, Chicago
5 faces on this structure. Permits: #016-34811, #016-502163, #1-05997, #5654, #5655

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
RouteOhio St
Nearest roadOhio St
Nearby billboards37 within 0.25 mi
Report card
Traffic
B
30,710 vehicles a day
Visibility
D
route type and distance to the road
Audience
A
area income and population
Value
C
$7.03 per 1,000 views vs. $7 benchmark
Competition
F
35 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
73/100
Visibility score
50/100
Demo fit score
82/100

Composite 71 = traffic 40.2 (55%) + visibility 10 (20%) + demo fit 20.5 (25%).

Who sees it
Vehicles passing daily30,710 (2025)
Est. monthly reach~583,000
Area income$134,579 · 81st pctl
Area population5,211 · 79th 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
$49,200
Effective CPM
$7.03
Modeled valuation
~$344,000
Est. cap rate
14.3%
Payback period
~7 yrs
Permit
#1-05997

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 $7.03 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.

2026-09-18B71$3,750–$4,250
View this billboard on the interactive map →

Data as of September 2026