Franchise Businesses Market: ZIP 60657
Opportunity Score
87
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60657 is an urban area with moderate foot traffic. with a population of 71,268 and household incomes well above the national median ($109,025).
Area Profile
71,268
Population
$109,025
Median Income
+46% vs. national
Urban
Area Type
14.5/20
Foot Traffic
Very Car-Dependent
Median Age: 31.3 —
mixed-age market, broad menu appeal.
College-Educated: 65.6% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 60657.
61
Business Consultants
8.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,640
2BR Fair Market Rent
$1,839
Median Gross Rent
$530 K
Median Home Value
14
Bank Branches
$2.9 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 $109,025. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 61
- Bank Branches
- 14
vs. National Average
Median Income
+46% vs. $74,580
Walkability
+4.0 pts vs. national avg
Nearby Markets
60614
1.2 mi
Pop: 70,444
$139,561
Walk: 16.2
60613
1.2 mi
Pop: 51,334
$91,351
Walk: 15.3
60640
2.5 mi
Pop: 66,884
$71,030
Walk: 14.6
60642
2.6 mi
Pop: 21,124
$141,179
Walk: 16.2
60610
2.6 mi
Pop: 45,282
$105,649
Walk: 15.1
60654
3.4 mi
Pop: 24,303
$144,831
Walk: 17.2
60622
3.4 mi
Pop: 53,696
$124,852
Walk: 15.8
60618
3.6 mi
Pop: 91,896
$101,558
Walk: 15.8
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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