PerchChicago
Board detail · Permit #156
FScore 39/100
top 73% citywide

IL 50 billboard — Portage Park

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

#23 of 24 boards in Portage Park by score

North Cicero Avenue, Montrose, Portage Park, Chicago
3 faces on this structure. Permits: #IL00485, #156, #3303

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
NeighborhoodPortage Park ↗
RouteIL 50
Nearest roadCicero Ave
Nearby billboards12 within 0.25 mi
Report card
Traffic
F
18,000 vehicles a day
Visibility
B
route type and distance to the road
Audience
F
area income and population
Value
C
$6.97 per 1,000 views vs. $7 benchmark
Competition
F
11 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
36/100
Visibility score
70/100
Demo fit score
21/100

Composite 39 = traffic 19.8 (55%) + visibility 14 (20%) + demo fit 5.3 (25%).

Who sees it
Vehicles passing daily18,000 (2025)
Est. monthly reach~402,000
Area income$47,232 · 23rd pctl
Area population2,110 · 19th 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
$2,750–$3,250
Perch Estimate / year
$33,600
Effective CPM
$6.97
Modeled valuation
~$134,000
Est. cap rate
25.1%
Payback period
~4 yrs
Permit
#156

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 $6.97 per 1,000 modeled monthly views, vs. the $7 Chicago benchmark — at model benchmark — fairly priced.

View this billboard on the interactive map →

Data as of September 2026