Franchise Businesses Market: ZIP 60641
Opportunity Score
77
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60641 is an urban area with moderate foot traffic. with a population of 67,400 and household incomes above the national median ($81,649).
Area Profile
67,400
Population
$81,649
Median Income
+9% vs. national
Urban
Area Type
15.0/20
Foot Traffic
Very Car-Dependent
Median Age: 38.1 —
mixed-age market, broad menu appeal.
College-Educated: 25.4% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 60641.
15
Business Consultants
2.2 per 10K residents
3
Small Business Lenders
0.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,680
2BR Fair Market Rent
$1,249
Median Gross Rent
$370 K
Median Home Value
10
Bank Branches
$1.2 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
- 18
- Bank Branches
- 10
vs. National Average
Median Income
+9% vs. $74,580
Walkability
+4.5 pts vs. national avg
Nearby Markets
60639
1.9 mi
Pop: 84,505
$59,710
Walk: 14.4
60630
1.9 mi
Pop: 54,242
$97,134
Walk: 15.2
60651
3.1 mi
Pop: 63,892
$52,963
Walk: 13.2
60618
3.1 mi
Pop: 91,896
$101,558
Walk: 15.8
60646
3.4 mi
Pop: 28,499
$111,115
Walk: 15.2
60647
3.6 mi
Pop: 85,589
$102,851
Walk: 15.5
60625
3.7 mi
Pop: 78,467
$85,299
Walk: 15.1
60634
4.1 mi
Pop: 74,418
$84,997
Walk: 14.5
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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