Franchise Costs Near Chicago, IL (60640)
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60640 is an urban area. with a population of 66,884 and household incomes near the national median ($71,030).
Area Profile
66,884
Population
$71,030
Median Income
-5% vs. national
Urban
Area Type
Median Age: 37.4 —
mixed-age market, broad menu appeal.
College-Educated: 51.4% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 60640.
35
Business Consultants
5.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,374
Median Gross Rent
$360 K
Median Home Value
18
Bank Branches
$2.6 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 35
- Bank Branches
- 18
vs. National Average
Median Income
-5% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits