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Businesses for Sale | South Elgin, Illinois

Discover business opportunities, in or around South Elgin, with well-established brands, who are looking for people like you to help them grow.

As of the 2024 ACH Map Data, South Elgin, located in The Prairie State had a total population of 24,759 people.

Top Franchise Opportunities in South Elgin, Illinois on Franchise.com for 2025
Order Franchise Name Industry Name Available Capital
1Computer & Internet Franchises$10,000
2Pet Franchises$90,000
3Business Services$50,000
4Financial Franchises$70,000
5Home Services & Repair Franchises$50,000
6Business Opportunities$30,000
7Business Opportunities$100,000
8Food & Restaurant$25,000
9Retail Franchises$150,000
10Personnel & Staffing$150,000

City Statistics and Other Information About South Elgin

Demographics

From a total population of 24,759, South Elgin has a median age of 38. The average age of males, in South Elgin, is 37 while the average age of females is 39. When you compare the median age of men and women in South Elgin, there is an average difference of 1.27 years.

Income

The median income of individuals, in South Elgin, is $60,888 while the average household income is $120,004. In 2029, the average income per capita for South Elgin is expected to be $60,888.

Additional Information

60177
Kane County

Is South Elgin the Best Location for Franchise Opportunities and Growth?

What is the average income in South Elgin?

The median household income in South Elgin is $120,004, providing insight into the financial conditions of local residents and their ability to support businesses.

Is South Elgin an affordable place to start a franchise?

With a median income of $120,004, South Elgin presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.

How does South Elgin's income compare to other locations?

The median income of $120,004 in South Elgin is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.

Does South Elgin have a stable workforce to support my business?

Absolutely! With 7,037 employed individuals, South Elgin offers a solid labor force to support franchise growth.

Is South Elgin a growing economy?

With a workforce of 7,037 and a median household income of $120,004, South Elgin provides a stable economic environment for new business opportunities.

Does homeownership in South Elgin indicate a stable market?

Homeownership rates at 6,955 show a strong local investment in the community, which benefits long-term franchise success.

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