New Car Dealers Market: ZIP 60538
Opportunity Score
65
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60538 is an urban area with low foot traffic. with a population of 30,395 and household incomes above the national median ($92,064).
Area Profile
30,395
Population
$92,064
Median Income
+23% vs. national
Urban
Area Type
5.4/20
Foot Traffic
Very Car-Dependent
Median Age: 35.6 —
mixed-age market, broad menu appeal.
College-Educated: 15.5% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 60538.
7
Gas Stations
2.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,000
2BR Fair Market Rent
$1,845
Median Gross Rent
$250 K
Median Home Value
4
Bank Branches
$210 K 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
- Related Businesses
- 7
- Bank Branches
- 4
vs. National Average
Median Income
+23% vs. $74,580
Walkability
-5.1 pts vs. national avg
Nearby Markets
60506
3.2 mi
Pop: 49,886
$76,105
Walk: 12.9
60505
3.8 mi
Pop: 58,176
$70,306
Walk: 10.4
60543
4.2 mi
Pop: 41,723
$116,507
Walk: 7.8
60503
5.6 mi
Pop: 16,879
$142,773
60542
5.7 mi
Pop: 18,691
$112,362
Walk: 10.1
60502
6.7 mi
Pop: 23,242
$150,421
Walk: 5.9
60504
6.7 mi
Pop: 38,861
$98,249
Walk: 10.7
60539
6.7 mi
Pop: 277
Check Another Market
Or estimate costs with the EVGasCompare calculator.
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