Franchise Businesses Market: ZIP 60632
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60632 is an urban area with moderate foot traffic. with a population of 87,831 and household incomes near the national median ($60,576).
Area Profile
87,831
Population
$60,576
Median Income
-19% vs. national
Urban
Area Type
14.1/20
Foot Traffic
Very Car-Dependent
Median Age: 34.5 —
mixed-age market, broad menu appeal.
College-Educated: 8.6% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 60632.
4
Business Consultants
0.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,270
2BR Fair Market Rent
$1,057
Median Gross Rent
$240 K
Median Home Value
17
Bank Branches
$1.4 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
- Very Car-Dependent
- Related Businesses
- 4
- Bank Branches
- 17
vs. National Average
Median Income
-19% vs. $74,580
Walkability
+3.6 pts vs. national avg
Nearby Markets
60629
2.4 mi
Pop: 109,292
$58,813
Walk: 13.4
60623
2.6 mi
Pop: 77,061
$44,040
Walk: 13.8
60804
3.8 mi
Pop: 83,223
$68,548
Walk: 14.6
60636
3.9 mi
Pop: 31,007
$35,077
Walk: 13.3
60608
3.9 mi
Pop: 81,459
$70,704
Walk: 15.7
60609
3.9 mi
Pop: 64,268
$54,142
Walk: 13.9
60652
4.3 mi
Pop: 41,431
$78,559
Walk: 14.1
60638
4.4 mi
Pop: 58,250
$89,191
Walk: 14.4
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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