New Car Dealers Market: ZIP 60641
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60641 is an urban area with moderate foot traffic. with a population of 67,400 and household incomes above the national median ($81,649). There are 5 new car dealers operations in ZIP 60641.
Area Profile
67,400
Population
$81,649
Median Income
+9% vs. national
Urban
Area Type
15.0/20
Foot Traffic
Very Car-Dependent
Median Age: 38.1 —
mixed-age market, broad menu appeal.
College-Educated: 25.4% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 60641.
5
New Car Dealers
Low competition — room to establish
0.7 per 10K residents
12
Gas Stations
1.8 per 10K residents
8
Used Car Dealers
1.2 per 10K residents
What this means:
New Car Dealers are 20.0% of the relevant market in ZIP 60641 (5 vs. 20 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,680
2BR Fair Market Rent
$1,249
Median Gross Rent
$370 K
Median Home Value
10
Bank Branches
$1.2 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
- 5
- Related Businesses
- 20
- Bank Branches
- 10
vs. National Average
Median Income
+9% vs. $74,580
Walkability
+4.5 pts vs. national avg
Nearby Markets
60639
1.9 mi
Pop: 84,505
$59,710
Walk: 14.4
60630
1.9 mi
Pop: 54,242
$97,134
Walk: 15.2
60651
3.1 mi
Pop: 63,892
$52,963
Walk: 13.2
60618
3.1 mi
Pop: 91,896
$101,558
Walk: 15.8
60646
3.4 mi
Pop: 28,499
$111,115
Walk: 15.2
60647
3.6 mi
Pop: 85,589
$102,851
Walk: 15.5
60625
3.7 mi
Pop: 78,467
$85,299
Walk: 15.1
60634
4.1 mi
Pop: 74,418
$84,997
Walk: 14.5
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