New Car Dealers Market: ZIP 60651
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60651 is an urban area with moderate foot traffic. with a population of 63,892 and household incomes near the national median ($52,963).
Area Profile
63,892
Population
$52,963
Median Income
-29% vs. national
Urban
Area Type
13.2/20
Foot Traffic
Walkable
Median Age: 34.8 —
mixed-age market, broad menu appeal.
College-Educated: 10.4% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 60651.
12
Gas Stations
1.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,540
2BR Fair Market Rent
$1,186
Median Gross Rent
$260 K
Median Home Value
2
Bank Branches
$38 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
- Walkable
- Related Businesses
- 12
- Bank Branches
- 2
vs. National Average
Median Income
-29% vs. $74,580
Walkability
+2.7 pts vs. national avg
Nearby Markets
60639
1.6 mi
Pop: 84,505
$59,710
Walk: 14.4
60644
1.8 mi
Pop: 48,317
$37,952
Walk: 13.3
60624
1.9 mi
Pop: 35,711
$32,607
Walk: 14.2
60647
3.0 mi
Pop: 85,589
$102,851
Walk: 15.5
60641
3.1 mi
Pop: 67,400
$81,649
Walk: 15.0
60302
3.4 mi
Pop: 32,589
$97,414
Walk: 15.4
60301
3.9 mi
Pop: 3,508
$103,448
60304
3.9 mi
Pop: 17,218
$132,841
Walk: 15.6
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