Select Cut Meat Processing
1835 S Canal St #A, Chicago, IL 60616
Chicago, Illinois, United States
Address
City: Chicago
Neighborhood: Lower West Side
State: Illinois
Postal Code: 60616
Country: United States
Business facts
Estimated annual revenue~$5.2M
Estimated employees~6
Annual payroll (2020)~$594.7K
In business since2022 (est.)
Based on reported payroll data
Area statistics (60616)
Population52,707
Median household income$72,326
Source: US Census ACS
About
Select Cut Meat Processing is located in Chicago, Illinois. This business is working in the following industry: Meat Processor.
Market analysis
Earning above its category median in a growing category (Meat Processor).
EstimateCategory trend: 2024, +3.3%
Revenue trend (modeled)
~$4.4M2019
~$4.3M2020
~$4.7M2021
~$5.4M2022
~$5.4M2023
~$5.2M2024
Modeled from official industry statistics+3.4%/yr since 201980% confidence band: ±42%
Federal support (SBA)
PPP loan (2020)$123.9K · 32 jobs reported · implies ~$594.7K annual payroll · $125.3K forgiven
ObservedSource: US SBA public records
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Meat Processor in Illinois | 163 | ~$1.7B | ~$10.9M | ~$1.2M | 4.5★ | 4.3× |
Category revenue trend2024: +3.3%2023: +4.8%2022: +18.6%2021: +8.0%Modeled from business-level estimates
Chain pressure70 chains expanding in this category, led by Walmart Deli, Jewel Osco, Meijer Deli (+2,098 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 347 | ~$1.2B | ~$3.5M | ~$697.0K | 2,096 | ~$199.8M | 7.4× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 79 | ~$730.0M | ~$9.2M | — | 452 | — | — |
1 km area (all businesses): median from the 308 of 347 businesses with estimates
Estimate
Area conditions (60616)
Population52,707 ±2,156
Median household income$72,326 ±$8,243
Median home value$391,100
Bachelor's degree or higher0.5%
Unemployment rate0.1%
Source: US Census ACS