PerchChicago
Board detail · Permit #472
CScore 56/100
top 45% citywide

Western Ave billboard — Logan Square

Average site — traffic or visibility is middling. Compare against nearby alternatives.

#19 of 22 boards in Logan Square by score

Agora Market, 2134, North Western Avenue, Logan Square, Chicago

For context: many commercial real estate investors target cap rates in the 5–8% range. This board's modeled 16.7% 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
NeighborhoodLogan Square ↗
RouteWestern Ave
Nearest roadWestern Ave
Nearby billboards5 within 0.25 mi
Report card
Traffic
C
26,900 vehicles a day
Visibility
D
route type and distance to the road
Audience
D
area income and population
Value
C
$7.05 per 1,000 views vs. $7 benchmark
Competition
C
5 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
64/100
Visibility score
50/100
Demo fit score
44/100

Composite 56 = traffic 35.2 (55%) + visibility 10 (20%) + demo fit 11 (25%).

Who sees it
Vehicles passing daily26,900 (2022)
Est. monthly reach~511,000
Area income$72,292 · 48th pctl
Area population2,877 · 38th 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
$3,250–$3,750
Perch Estimate / year
$43,200
Effective CPM
$7.05
Modeled valuation
~$259,000
Est. cap rate
16.7%
Payback period
~6 yrs
Permit
#472

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

Effective CPM works out to $7.05 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.

2026-09-18C56$3,250–$3,750
View this billboard on the interactive map →

Data as of September 2026