Franchise Businesses Market: ZIP 60804
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60804 is an urban area with moderate foot traffic. with a population of 83,223 and household incomes near the national median ($68,548).
Area Profile
83,223
Population
$68,548
Median Income
-8% vs. national
Urban
Area Type
14.6/20
Foot Traffic
Very Car-Dependent
Median Age: 34.3 —
mixed-age market, broad menu appeal.
College-Educated: 6.8% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 60804.
3
Business Consultants
0.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,460
2BR Fair Market Rent
$1,121
Median Gross Rent
$240 K
Median Home Value
11
Bank Branches
$830 K 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
- 3
- Bank Branches
- 11
vs. National Average
Median Income
-8% vs. $74,580
Walkability
+4.1 pts vs. national avg
Nearby Markets
60402
2.1 mi
Pop: 63,867
$73,993
Walk: 14.4
60644
2.8 mi
Pop: 48,317
$37,952
Walk: 13.3
60304
3.0 mi
Pop: 17,218
$132,841
Walk: 15.6
60623
3.0 mi
Pop: 77,061
$44,040
Walk: 13.8
60624
3.7 mi
Pop: 35,711
$32,607
Walk: 14.2
60632
3.8 mi
Pop: 87,831
$60,576
Walk: 14.1
60638
4.1 mi
Pop: 58,250
$89,191
Walk: 14.4
60301
4.2 mi
Pop: 3,508
$103,448
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
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