Franchise Businesses Market: ZIP 60461
Opportunity Score
83
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60461 is an urban area with moderate foot traffic. with a population of 4,678 and household incomes well above the national median ($108,203).
Area Profile
4,678
Population
$108,203
Median Income
+45% vs. national
Urban
Area Type
12.1/20
Foot Traffic
Walkable
Median Age: 45.4 —
older demographic, may prefer sit-down options.
College-Educated: 33.7% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 60461.
3
Business Consultants
6.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,640
2BR Fair Market Rent
$3,501
Median Gross Rent
$290 K
Median Home Value
2
Bank Branches
$230 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 $108,203. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 3
- Bank Branches
- 2
vs. National Average
Median Income
+45% vs. $74,580
Walkability
+1.6 pts vs. national avg
Nearby Markets
60422
1.2 mi
Pop: 9,885
$134,728
Walk: 7.4
60466
2.9 mi
Pop: 21,123
$63,132
Walk: 11.4
60430
3.0 mi
Pop: 19,993
$91,402
Walk: 12.3
60429
3.6 mi
Pop: 14,602
$62,231
Walk: 13.4
60478
4.0 mi
Pop: 16,549
$76,936
Walk: 9.9
60471
4.1 mi
Pop: 12,845
$72,241
Walk: 8.3
60443
4.5 mi
Pop: 20,606
$93,941
Walk: 8.4
60475
5.3 mi
Pop: 10,103
$61,222
Walk: 11.6
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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