ZIP 60124 — Business Opportunities

Top business opportunities in 60124

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

1. 1. Jewelry & Accessories 100/100
   ~2.2 businesses underserved · confidence: low
2. 2. Furniture & Home Decor 100/100
   ~2.9 businesses underserved · confidence: medium
3. 3. Electronics 79/100
   ~1.8 businesses underserved · confidence: low
4. 4. Veterinary 79/100
   ~2.3 businesses underserved · confidence: medium
5. 5. Clothing & Apparel 78/100
   ~4.9 businesses underserved · confidence: medium
6. 6. Fitness Centre 69/100
   ~3.3 businesses underserved · confidence: medium
7. 7. Electronics Repair 69/100
   ~1.4 businesses underserved · confidence: low
8. 8. Childcare 64/100
   ~2.3 businesses underserved · confidence: medium
9. 9. Fitness Station 53/100
   ~1.1 businesses underserved · confidence: low
10. 10. Grocery & Supermarkets 48/100
    ~3.8 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 60124.

• Parking Space — 238 businesses
• Park — 12 businesses
• Nature Reserve — 5 businesses
• Schools — 4 businesses
• Restaurants — 4 businesses
• Religious — 3 businesses
• Fire Station — 3 businesses
• Fast Food — 3 businesses
• Shelter — 2 businesses
• Cafes & Coffee Shops — 2 businesses
• Banking & Finance — 2 businesses
• Gas Stations — 1 businesses
• Auto Repair — 1 businesses
• Convenience Stores — 1 businesses
• Libraries — 1 businesses

Full demographic profile

Population	24,172
Households	8,690
Median household income	$137,335
Per capita income	$59,937
Median age	42.8
% bachelor's degree or higher	46.942%
% age 18–34	17.003%
% age 65+	9.887%
% renter-occupied	3.125%
Median home value	$367,700
Median gross rent	$1,866
Unemployment rate	3.725%

Nearby ZIPs in IL

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