Remodelers Market: ZIP 60712
Opportunity Score
87
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60712 is an urban area with high foot traffic. with a population of 13,179 and household incomes well above the national median ($107,950). There are 19 remodelers operations in ZIP 60712.
Area Profile
13,179
Population
$107,950
Median Income
+45% vs. national
Urban
Area Type
16.5/20
Foot Traffic
Very Walkable
Median Age: 43.9 —
older demographic, may prefer sit-down options.
College-Educated: 40.1% —
strong appetite for artisan/specialty food.
Competition
Remodelers and related businesses in ZIP 60712.
19
Remodelers
Moderate — proven market
14.4 per 10K residents
5
HVAC Contractors
3.8 per 10K residents
What this means:
Remodelers are 79.2% of the relevant market in ZIP 60712 (19 vs. 5 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,640
2BR Fair Market Rent
$3,501
Median Gross Rent
$480 K
Median Home Value
9
Bank Branches
$1.6 M deposits
Tips for Starting a Home Remodeling Business in Illinois
- Get your contractor's license and insurance before your first job. Operating without them is illegal in most states and one lawsuit ends you.
- Kitchen and bathroom remodels have the highest margins. Whole-home renovations sound bigger but the complexity eats your profit.
- Your first 10 jobs come from personal network and referrals. Don't spend on ads until you have 5-star reviews to back them up.
- Material costs swing 15-30% year over year. Quote projects with current supplier pricing, not last year's numbers.
- The median income here is $107,950. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Remodelers
- 19
- Related Businesses
- 5
- Bank Branches
- 9
vs. National Average
Median Income
+45% vs. $74,580
Walkability
+6.0 pts vs. national avg
Nearby Markets
60076
2.0 mi
Pop: 32,973
$103,870
Walk: 18.6
60659
2.1 mi
Pop: 42,008
$70,033
Walk: 14.7
60646
2.1 mi
Pop: 28,499
$111,115
Walk: 15.2
60645
2.7 mi
Pop: 46,856
$77,126
Walk: 14.5
60077
2.7 mi
Pop: 28,651
$80,765
Walk: 15.7
60630
2.8 mi
Pop: 54,242
$97,134
Walk: 15.2
60625
3.2 mi
Pop: 78,467
$85,299
Walk: 15.1
60203
3.2 mi
Pop: 4,733
$162,208
Walk: 15.3
Check Another Market
Or estimate costs with the RemodCost 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