FranchiseBudget
Showing results for ZIP 90047 (CA)
Home ZIP 60010

Franchise Businesses Market: ZIP 60010

Opportunity Score
80 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 60010 is an urban area with low foot traffic. with a population of 45,970 and household incomes well above the national median ($175,050).

Area Profile

45,970
Population
$175,050
Median Income
+135% vs. national
Urban
Area Type
8.4/20
Foot Traffic
Car-Dependent
Median Age: 45.9 — older demographic, may prefer sit-down options.
College-Educated: 47.7% — strong appetite for artisan/specialty food.

Competition

Franchise Businesses and related businesses in ZIP 60010.

60
Business Consultants
13.1 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$2,640
2BR Fair Market Rent
$2,459
Median Gross Rent
$620 K
Median Home Value
11
Bank Branches
$3.9 M deposits

Tips for Starting a Franchise Business in Illinois

  • Franchise fees range from $10K to $100K+ depending on the brand. That's before buildout, equipment, or working capital. Read the FDD (Franchise Disclosure Document) line by line.
  • Royalties run 4-8% of gross revenue. Every month. Forever. That's gross, not net. Factor this into your break-even math from day one.
  • Talk to at least 10 existing franchisees before signing. The FDD lists every current and former franchisee. Call the ones who left. They'll be honest.
  • Territory protection matters. Some franchises let other franchisees open 2 miles away. Verify your exclusive territory in writing.
  • The median income here is $175,050. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits