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New Car Dealers Market: ZIP 60487

Opportunity Score
66 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 60487 is an urban area with low foot traffic. with a population of 25,881 and household incomes well above the national median ($137,426). There are 4 new car dealers operations in ZIP 60487.

Area Profile

25,881
Population
$137,426
Median Income
+84% vs. national
Urban
Area Type
9.4/20
Foot Traffic
Very Car-Dependent
Median Age: 41.7 — older demographic, may prefer sit-down options.
College-Educated: 31.7% — balanced market for quality & value.

Competition

New Car Dealers and related businesses in ZIP 60487.

4
New Car Dealers
Low competition — room to establish
1.5 per 10K residents
5
Gas Stations
1.9 per 10K residents
What this means: New Car Dealers are 44.4% of the relevant market in ZIP 60487 (4 vs. 5 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,740
2BR Fair Market Rent
$1,428
Median Gross Rent
$340 K
Median Home Value
5
Bank Branches
$400 K deposits

Quick Facts

Area Type
Urban
Foot Traffic
Very Car-Dependent
New Car Dealers
4
Related Businesses
5
Bank Branches
5

vs. National Average

Median Income
+84% vs. $74,580
Walkability
-1.1 pts vs. national avg

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Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits