PerchChicago
Board detail · Permit #10894
BScore 76/100
top 10% citywide

I-55 billboard — Lower West Side

Solid site — good traffic and visibility. Reasonable candidate.

#6 of 56 boards in Lower West Side by score

West 31st Boulevard, Lower West Side, Chicago

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
RouteI-55
Nearest roadStevenson Expwy
Nearby billboards7 within 0.25 mi
Report card
Traffic
A
168,700 vehicles a day
Visibility
B
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
87/100
Visibility score
75/100
Demo fit score
53/100

Composite 76 = traffic 47.9 (55%) + visibility 15 (20%) + demo fit 13.3 (25%).

Who sees it
Vehicles passing daily168,700 (2025)
Est. monthly reach~1,955,000
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
$13,500–$14,500
Perch Estimate / year
$164,400
Effective CPM
$7.01
Modeled valuation
~$1,151,000
Est. cap rate
14.3%
Payback period
~7 yrs
Permit
#10894

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 $7.01 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.

2026-09-18B76$13,500–$14,500
View this billboard on the interactive map →

Data as of September 2026