Franchise Businesses Market: ZIP 60103
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60103 is an urban area with low foot traffic. with a population of 41,825 and household incomes well above the national median ($131,552).
Area Profile
41,825
Population
$131,552
Median Income
+76% vs. national
Urban
Area Type
8.3/20
Foot Traffic
Car-Dependent
Median Age: 41.2 —
older demographic, may prefer sit-down options.
College-Educated: 33.6% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 60103.
11
Business Consultants
2.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,340
2BR Fair Market Rent
$1,851
Median Gross Rent
$350 K
Median Home Value
6
Bank Branches
$580 K 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 $131,552. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 11
- Bank Branches
- 6
vs. National Average
Median Income
+76% vs. $74,580
Walkability
-2.3 pts vs. national avg
Nearby Markets
60107
3.6 mi
Pop: 38,965
$101,017
Walk: 9.0
60184
3.7 mi
Pop: 2,280
$170,074
Walk: 6.7
60133
4.3 mi
Pop: 36,850
$92,263
Walk: 9.4
60120
4.5 mi
Pop: 50,774
$80,305
Walk: 12.9
60185
5.8 mi
Pop: 33,711
$105,063
Walk: 8.0
60192
6.0 mi
Pop: 16,662
$149,992
Walk: 11.0
60188
6.7 mi
Pop: 42,087
$107,560
Walk: 9.5
60174
7.2 mi
Pop: 30,481
$102,408
Walk: 9.1
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About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits