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Showing results for ZIP 61842 (IL)
Home ZIP 60545

New Car Dealers Market: ZIP 60545

Opportunity Score
80 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 60545 is an urban area. with a population of 14,191 and household incomes above the national median ($84,920).

Area Profile

14,191
Population
$84,920
Median Income
+14% vs. national
Urban
Area Type
Median Age: 34.5 — mixed-age market, broad menu appeal.
College-Educated: 18.6% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 60545.

6
Gas Stations
4.2 per 10K residents

Operating Costs

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

$1,710
2BR Fair Market Rent
$1,571
Median Gross Rent
$240 K
Median Home Value
3
Bank Branches
$140 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.

Data sources

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