ZIP 60120 — Business Opportunities

Top business opportunities in 60120

The highest-scored business categories to consider opening in Elgin, IL, based on demand (population, income, demographic fit) versus existing supply.

1. 1. Childcare 100/100
   ~4.2 businesses underserved · confidence: high
2. 2. Prep School 86/100
   ~2.8 businesses underserved · confidence: low
3. 3. Bars & Nightlife 85/100
   ~10.2 businesses underserved · confidence: high
4. 4. Dancing School 82/100
   ~2.6 businesses underserved · confidence: low
5. 5. Music School 81/100
   ~2.5 businesses underserved · confidence: low
6. 6. Laundromats 80/100
   ~2.9 businesses underserved · confidence: high
7. 7. Toys & Games 80/100
   ~2.4 businesses underserved · confidence: low
8. 8. Driving School 75/100
   ~2.2 businesses underserved · confidence: low
9. 9. Cafes & Coffee Shops 69/100
   ~7.1 businesses underserved · confidence: high
10. 10. Fitness Centre 66/100
    ~4.4 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 60120.

• Park — 21 businesses
• Fast Food — 13 businesses
• Religious — 12 businesses
• Auto Sales — 11 businesses
• Restaurants — 10 businesses
• Schools — 9 businesses
• Convenience Stores — 8 businesses
• Gas Stations — 7 businesses
• Auto Repair — 7 businesses
• Nature Reserve — 5 businesses
• Insurance — 4 businesses
• Parking — 3 businesses
• Grocery & Supermarkets — 3 businesses
• Desserts & Ice Cream — 3 businesses
• Auto Parts — 3 businesses

Full demographic profile

Population	50,589
Households	16,113
Median household income	$78,360
Per capita income	$30,038
Median age	32.8
% bachelor's degree or higher	20.502%
% age 18–34	22.301%
% age 65+	7.221%
% renter-occupied	33.469%
Median home value	$214,700
Median gross rent	$1,203
Unemployment rate	7.047%

Nearby ZIPs in IL

60121 Elgin · 60118 Dundee · 60122 Elgin · 60110 Carpentersville · 60109 Burlington · 60147 Lafox