Franchise Businesses Market: ZIP 60120
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60120 is an urban area with moderate foot traffic. with a population of 50,774 and household incomes above the national median ($80,305).
Area Profile
50,774
Population
$80,305
Median Income
+8% vs. national
Urban
Area Type
12.9/20
Foot Traffic
Walkable
Median Age: 33.4 —
mixed-age market, broad menu appeal.
College-Educated: 12.2% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 60120.
7
Business Consultants
1.4 per 10K residents
3
Small Business Lenders
0.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,590
2BR Fair Market Rent
$1,250
Median Gross Rent
$230 K
Median Home Value
7
Bank Branches
$1.1 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 10
- Bank Branches
- 7
vs. National Average
Median Income
+8% vs. $74,580
Walkability
+2.4 pts vs. national avg
Nearby Markets
60192
3.3 mi
Pop: 16,662
$149,992
Walk: 11.0
60107
4.4 mi
Pop: 38,965
$101,017
Walk: 9.0
60103
4.5 mi
Pop: 41,825
$131,552
Walk: 8.3
60123
4.9 mi
Pop: 48,821
$86,762
Walk: 13.7
60184
5.7 mi
Pop: 2,280
$170,074
Walk: 6.7
60177
5.7 mi
Pop: 24,030
$123,700
Walk: 11.2
60110
6.6 mi
Pop: 39,028
$87,714
Walk: 10.9
60118
7.2 mi
Pop: 15,692
$104,572
Walk: 9.9
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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