PerchChicago
Board detail · Permit #2530
BScore 71/100
top 18% citywide

IL 43 billboard — Clearing

Solid site — good traffic and visibility. Reasonable candidate.

#2 of 6 boards in Clearing by score

Public Storage, 5901, South Harlem Avenue, Clearing, 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
NeighborhoodClearing ↗
RouteIL 43
Nearest roadHarlem Ave
Nearby billboards1 within 0.25 mi
Report card
Traffic
B
37,900 vehicles a day
Visibility
B
route type and distance to the road
Audience
C
area income and population
Value
C
$7.02 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
78/100
Visibility score
70/100
Demo fit score
57/100

Composite 71 = traffic 42.9 (55%) + visibility 14 (20%) + demo fit 14.3 (25%).

Who sees it
Vehicles passing daily37,900 (2025)
Est. monthly reach~847,000
Area income$93,488 · 63rd pctl
Area population3,353 · 48th 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
$5,500–$6,500
Perch Estimate / year
$71,400
Effective CPM
$7.02
Modeled valuation
~$500,000
Est. cap rate
14.3%
Payback period
~7 yrs
Permit
#2530

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 $7.02 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.

2026-09-18B71$5,500–$6,500
View this billboard on the interactive map →

Data as of September 2026