Franchise Businesses Market: ZIP 61545
Opportunity Score
36
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 61545 is an urban area. with a population of 814 and household incomes above the national median ($75,822).
Area Profile
814
Population
$75,822
Median Income
+2% vs. national
Urban
Area Type
Median Age: 38.5 —
mixed-age market, broad menu appeal.
College-Educated: 19.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,060
2BR Fair Market Rent
$1,266
Median Gross Rent
$190 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.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+2% vs. $74,580
Nearby Markets
61570
3.7 mi
Pop: 1,620
$76,691
Walk: 6.1
61548
6.0 mi
Pop: 12,165
$114,167
61540
10.1 mi
Pop: 2,700
$74,519
Walk: 5.7
61562
10.3 mi
Pop: 35
Walk: 8.3
61561
10.9 mi
Pop: 2,313
$77,143
Walk: 6.1
61541
11.2 mi
Pop: 106
$51,719
61571
12.4 mi
Pop: 24,544
$87,852
Walk: 6.3
61530
12.6 mi
Pop: 6,297
$68,631
Check Another Market
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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