Franchise Businesses Market: ZIP 61073
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 61073 is an urban area with low foot traffic. with a population of 20,008 and household incomes well above the national median ($104,534).
Area Profile
20,008
Population
$104,534
Median Income
+40% vs. national
Urban
Area Type
8.7/20
Foot Traffic
Car-Dependent
Median Age: 38.6 —
mixed-age market, broad menu appeal.
College-Educated: 25.4% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 61073.
5
Business Consultants
2.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,560
2BR Fair Market Rent
$1,355
Median Gross Rent
$230 K
Median Home Value
6
Bank Branches
$470 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.
- The median income here is $104,534. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 5
- Bank Branches
- 6
vs. National Average
Median Income
+40% vs. $74,580
Walkability
-1.8 pts vs. national avg
Nearby Markets
61080
4.0 mi
Pop: 11,062
$78,533
Walk: 5.8
61115
4.7 mi
Pop: 22,424
$73,771
Walk: 7.1
61111
6.1 mi
Pop: 22,838
$58,391
Walk: 8.4
61011
7.0 mi
Pop: 2,743
$136,172
61114
8.1 mi
Pop: 15,026
$83,472
Walk: 7.7
61103
8.6 mi
Pop: 23,238
$47,390
Walk: 7.6
61107
9.6 mi
Pop: 29,473
$75,492
Walk: 8.6
61072
10.1 mi
Pop: 11,342
$102,604
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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