Franchise Businesses Market: ZIP 60491
Opportunity Score
79
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60491 is an urban area with low foot traffic. with a population of 22,585 and household incomes well above the national median ($132,788).
Area Profile
22,585
Population
$132,788
Median Income
+78% vs. national
Urban
Area Type
7.1/20
Foot Traffic
Car-Dependent
Median Age: 43.1 —
older demographic, may prefer sit-down options.
College-Educated: 26.6% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 60491.
5
Business Consultants
2.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,240
2BR Fair Market Rent
$1,604
Median Gross Rent
$400 K
Median Home Value
11
Bank Branches
$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.
- The median income here is $132,788. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 5
- Bank Branches
- 11
vs. National Average
Median Income
+78% vs. $74,580
Walkability
-3.4 pts vs. national avg
Nearby Markets
60439
5.2 mi
Pop: 24,255
$132,511
Walk: 9.0
60467
5.3 mi
Pop: 24,952
$109,329
Walk: 10.0
60441
6.2 mi
Pop: 36,841
$104,271
Walk: 11.0
60432
6.4 mi
Pop: 20,098
$64,099
Walk: 13.5
60451
6.5 mi
Pop: 37,481
$132,260
Walk: 7.9
60448
6.6 mi
Pop: 24,630
$126,483
Walk: 9.7
60464
8.2 mi
Pop: 9,889
$126,220
Walk: 9.7
60462
8.6 mi
Pop: 40,700
$96,747
Walk: 9.7
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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