New Car Dealers Market: ZIP 60018
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60018 is an urban area with moderate foot traffic. with a population of 29,302 and household incomes above the national median ($85,415). There are 3 new car dealers operations in ZIP 60018.
Area Profile
29,302
Population
$85,415
Median Income
+15% vs. national
Urban
Area Type
14.2/20
Foot Traffic
Very Car-Dependent
Median Age: 41.4 —
older demographic, may prefer sit-down options.
College-Educated: 18.1% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 60018.
3
New Car Dealers
Low competition — room to establish
1.0 per 10K residents
12
Gas Stations
4.1 per 10K residents
What this means:
New Car Dealers are 20.0% of the relevant market in ZIP 60018 (3 vs. 12 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,470
2BR Fair Market Rent
$1,174
Median Gross Rent
$300 K
Median Home Value
8
Bank Branches
$4.6 M deposits
Tips for Starting a Ev Vs Gas Business in Illinois
- EV inventory allocation from manufacturers is tied to your state's ZEV mandate status. Dealers in ZEV states get more inventory. Period.
- Charging infrastructure in your area determines EV demand. Check PlugShare for the local charging density before stocking inventory.
- Used EV margins are volatile. Battery degradation concerns suppress resale values unpredictably. Factor in extended warranty costs.
- Service revenue per EV is 30-40% lower than gas vehicles. Fewer parts, fewer oil changes. Your service department model needs adjusting.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- New Car Dealers
- 3
- Related Businesses
- 12
- Bank Branches
- 8
vs. National Average
Median Income
+15% vs. $74,580
Walkability
+3.7 pts vs. national avg
Nearby Markets
60176
2.2 mi
Pop: 11,454
$67,473
60131
2.9 mi
Pop: 18,059
$76,404
Walk: 14.4
60106
3.6 mi
Pop: 19,908
$78,027
Walk: 9.7
60068
4.2 mi
Pop: 39,227
$138,201
Walk: 14.1
60164
4.3 mi
Pop: 21,248
$76,483
Walk: 13.5
60656
4.7 mi
Pop: 28,726
$88,000
Walk: 14.5
60016
5.1 mi
Pop: 60,520
$84,044
Walk: 13.5
60165
5.3 mi
Pop: 4,504
$75,165
Walk: 14.2
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