ZIP 60123 — Business Opportunities

Top business opportunities in 60123

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

1. 1. Bars & Nightlife 100/100
   ~10.0 businesses underserved · confidence: high
2. 2. Childcare 99/100
   ~4.0 businesses underserved · confidence: high
3. 3. Laundromats 86/100
   ~2.5 businesses underserved · confidence: high
4. 4. Clothing & Apparel 85/100
   ~6.9 businesses underserved · confidence: high
5. 5. Fitness Centre 81/100
   ~4.2 businesses underserved · confidence: high
6. 6. Jewelry & Accessories 80/100
   ~2.5 businesses underserved · confidence: low
7. 7. Veterinary 79/100
   ~3.0 businesses underserved · confidence: high
8. 8. Furniture & Home Decor 78/100
   ~3.3 businesses underserved · confidence: high
9. 9. Prep School 77/100
   ~2.1 businesses underserved · confidence: low
10. 10. Dancing School 74/100
    ~2.0 businesses underserved · confidence: low

What's already here — existing business mix

The most common business categories currently operating in ZIP 60123.

• Fast Food — 17 businesses
• Schools — 11 businesses
• Park — 10 businesses
• Restaurants — 10 businesses
• Religious — 9 businesses
• Gas Stations — 8 businesses
• Convenience Stores — 6 businesses
• Grocery & Supermarkets — 5 businesses
• Post Box — 4 businesses
• Government Services — 3 businesses
• Cafes & Coffee Shops — 3 businesses
• Doityourself — 3 businesses
• Banking & Finance — 3 businesses
• Department Store — 3 businesses
• Auto Parts — 3 businesses

Full demographic profile

Population	49,537
Households	17,693
Median household income	$82,358
Per capita income	$34,957
Median age	38.6
% bachelor's degree or higher	25.332%
% age 18–34	20.482%
% age 65+	11.222%
% renter-occupied	29.244%
Median home value	$233,600
Median gross rent	$1,158
Unemployment rate	5.331%

Nearby ZIPs in IL

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