Franchise Businesses Market: ZIP 60561
Opportunity Score
77
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60561 is an urban area with low foot traffic. with a population of 22,975 and household incomes well above the national median ($109,974).
Area Profile
22,975
Population
$109,974
Median Income
+47% vs. national
Urban
Area Type
9.0/20
Foot Traffic
Car-Dependent
Median Age: 45.0 —
older demographic, may prefer sit-down options.
College-Educated: 37.8% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 60561.
9
Business Consultants
3.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,210
2BR Fair Market Rent
$1,684
Median Gross Rent
$390 K
Median Home Value
10
Bank Branches
$1.3 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 $109,974. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 9
- Bank Branches
- 10
vs. National Average
Median Income
+47% vs. $74,580
Walkability
-1.5 pts vs. national avg
Nearby Markets
60516
2.5 mi
Pop: 28,594
$118,780
Walk: 12.1
60559
3.4 mi
Pop: 24,404
$87,474
Walk: 11.9
60527
3.6 mi
Pop: 29,024
$110,482
Walk: 8.3
60514
3.7 mi
Pop: 9,760
$114,672
Walk: 12.3
60517
4.2 mi
Pop: 33,173
$96,357
Walk: 11.6
60439
4.8 mi
Pop: 24,255
$132,511
Walk: 9.0
60521
5.3 mi
Pop: 18,097
$244,318
Walk: 12.6
60515
5.4 mi
Pop: 29,045
$121,358
Walk: 13.6
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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