Franchise Businesses Market: ZIP 61107
Opportunity Score
65
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 61107 is an urban area with low foot traffic. with a population of 29,473 and household incomes above the national median ($75,492).
Area Profile
29,473
Population
$75,492
Median Income
+1% vs. national
Urban
Area Type
8.6/20
Foot Traffic
Car-Dependent
Median Age: 43.2 —
older demographic, may prefer sit-down options.
College-Educated: 26.2% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,190
2BR Fair Market Rent
$1,053
Median Gross Rent
$170 K
Median Home Value
9
Bank Branches
$1.9 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 9
vs. National Average
Median Income
+1% vs. $74,580
Walkability
-1.9 pts vs. national avg
Nearby Markets
61114
1.6 mi
Pop: 15,026
$83,472
Walk: 7.7
61108
2.1 mi
Pop: 30,202
$63,046
Walk: 7.6
61111
3.5 mi
Pop: 22,838
$58,391
Walk: 8.4
61112
3.5 mi
Pop: 116
Walk: 7.7
61115
5.5 mi
Pop: 22,424
$73,771
Walk: 7.1
61104
5.9 mi
Pop: 17,584
$32,161
Walk: 7.9
61103
7.0 mi
Pop: 23,238
$47,390
Walk: 7.6
61016
7.1 mi
Pop: 5,166
$92,865
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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