Nursing Care Facilities Market: ZIP 60035
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60035 is an urban area with moderate foot traffic. with a population of 30,236 and household incomes well above the national median ($161,811). There are 3 nursing care facilities operations in ZIP 60035.
Area Profile
30,236
Population
$161,811
Median Income
+117% vs. national
Urban
Area Type
11.9/20
Foot Traffic
Walkable
Median Age: 46.0 —
older demographic, may prefer sit-down options.
College-Educated: 53.7% —
strong appetite for artisan/specialty food.
Competition
Nursing Care Facilities and related businesses in ZIP 60035.
3
Nursing Care Facilities
Low competition — room to establish
1.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,490
2BR Fair Market Rent
$1,903
Median Gross Rent
$590 K
Median Home Value
9
Bank Branches
$2 M deposits
Tips for Starting a Elder Care Business in Illinois
- State licensing for assisted living takes 6-12 months and involves facility inspections, staffing plans, and background checks. Start early.
- Staffing is your #1 cost and #1 challenge. CNA turnover runs 50-75% annually in most markets. Budget for constant recruiting.
- Medicare and Medicaid reimbursement rates vary by state. Some states pay well. Others don't cover costs. Know your state's rates before committing.
- Start small. A residential care home (6-8 beds) requires far less capital than a 50-bed facility and lets you prove your model.
- The median income here is $161,811. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Nursing Care Facilities
- 3
- Bank Branches
- 9
vs. National Average
Median Income
+117% vs. $74,580
Walkability
+1.4 pts vs. national avg
Nearby Markets
60040
1.5 mi
Pop: 5,243
$101,862
Walk: 14.9
60022
4.7 mi
Pop: 8,415
$250,001
Walk: 13.1
60062
4.9 mi
Pop: 41,667
$142,759
Walk: 11.1
60015
5.1 mi
Pop: 27,720
$186,786
Walk: 12.0
60045
5.3 mi
Pop: 20,957
$225,551
Walk: 8.6
60093
6.7 mi
Pop: 20,156
$230,777
Walk: 13.0
60026
6.8 mi
Pop: 14,499
$157,712
Walk: 15.3
60025
7.7 mi
Pop: 40,877
$119,639
Walk: 14.4
Check Another Market
Or estimate costs with the ElderCareCost 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