Franchise Businesses Market: ZIP 60827
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60827 is an urban area with moderate foot traffic. with a population of 24,887 and household incomes below the national median ($37,648).
Area Profile
24,887
Population
$37,648
Median Income
-50% vs. national
Urban
Area Type
13.3/20
Foot Traffic
Walkable
Median Age: 30.9 —
mixed-age market, broad menu appeal.
College-Educated: 8.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,440
2BR Fair Market Rent
$1,044
Median Gross Rent
$120 K
Median Home Value
2
Bank Branches
$52 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.
- Median income sits at $37,648. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Bank Branches
- 2
vs. National Average
Median Income
-50% vs. $74,580
Walkability
+2.8 pts vs. national avg
Nearby Markets
60419
2.9 mi
Pop: 20,979
$58,706
Walk: 12.2
60426
3.0 mi
Pop: 23,066
$40,995
Walk: 14.2
60628
3.1 mi
Pop: 59,212
$49,719
Walk: 13.3
60406
3.4 mi
Pop: 24,887
$59,502
Walk: 14.7
60469
3.9 mi
Pop: 5,295
$72,041
Walk: 12.3
60643
4.1 mi
Pop: 47,802
$83,015
Walk: 13.6
60473
4.2 mi
Pop: 21,407
$88,046
Walk: 13.4
60633
5.1 mi
Pop: 12,485
$56,875
Walk: 12.3
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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