Franchise Businesses Market: ZIP 60175
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60175 is an urban area. with a population of 26,528 and household incomes well above the national median ($173,564).
Area Profile
26,528
Population
$173,564
Median Income
+133% vs. national
Urban
Area Type
Median Age: 42.5 —
older demographic, may prefer sit-down options.
College-Educated: 36.7% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 60175.
16
Business Consultants
6.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,640
2BR Fair Market Rent
$2,859
Median Gross Rent
$480 K
Median Home Value
1
Bank Branches
$59 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 $173,564. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 16
- Bank Branches
- 1
vs. National Average
Median Income
+133% vs. $74,580
Nearby Markets
60183
1.5 mi
Pop: 5
60124
5.0 mi
Pop: 24,400
$135,350
Walk: 11.7
60134
5.8 mi
Pop: 29,838
$148,283
60177
6.1 mi
Pop: 24,030
$123,700
Walk: 11.2
60174
6.3 mi
Pop: 30,481
$102,408
Walk: 9.1
60123
8.3 mi
Pop: 48,821
$86,762
Walk: 13.7
60510
9.0 mi
Pop: 28,577
$120,925
Walk: 10.0
60119
9.0 mi
Pop: 10,964
$124,058
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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