Franchise Businesses Market: ZIP 61102
Opportunity Score
48
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 61102 is an urban area with low foot traffic. with a population of 16,620 and household incomes below the national median ($42,506).
Area Profile
16,620
Population
$42,506
Median Income
-43% vs. national
Urban
Area Type
6.4/20
Foot Traffic
Car-Dependent
Median Age: 36.3 —
mixed-age market, broad menu appeal.
College-Educated: 5.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,070
2BR Fair Market Rent
$850
Median Gross Rent
$95 K
Median Home Value
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 $42,506. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
vs. National Average
Median Income
-43% vs. $74,580
Walkability
-4.1 pts vs. national avg
Nearby Markets
61104
5.9 mi
Pop: 17,584
$32,161
Walk: 7.9
61088
7.4 mi
Pop: 5,992
$94,286
Walk: 5.0
61084
7.5 mi
Pop: 3,166
$93,264
61109
7.8 mi
Pop: 26,714
$61,702
Walk: 5.6
61101
8.2 mi
Pop: 19,671
$45,260
Walk: 7.4
61020
9.3 mi
Pop: 3,197
$96,058
61103
9.3 mi
Pop: 23,238
$47,390
Walk: 7.6
61010
10.0 mi
Pop: 7,494
$89,907
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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