Business Survivability in Albany Park, Chicago
StreetSpring's 2026 analysis finds that the best business to open in Albany Park is a Veterinary Clinic with a ~82% chance of surviving at least 2 years across the neighborhood on average.
Quick Summary
- Survivability Score: the projected chance a business type lasts two or more years at a specific address
- Best business: a Veterinary Clinic in Albany Park (~82% average survival rate, ~85% at best locations)
- Neighborhood rank: #21 across all neighborhoods in and around Chicago
- Neighborhood average: ~78% two-year survival across all business types
- Coverage: This ranking carries one row per business type and neighborhood. Its score is the projected chance of lasting two or more years, averaged across the price points StreetSpring scores separately in the tool (most types have 5). The 10 business types here are base types; the tool offers 500+ business types, counting each type at each of its price points.
- Rankings updated quarterly with latest market data
- Detailed methodology
Last reviewed: September 2026 by Robert Koons, Founder & CEO, StreetSpring
In this article:
- Summary
- Is Albany Park a good place to start a business?
- How to find the best location
- Best businesses to open
- How much money could a business make?
- What businesses should open next?
- Frequently Asked Questions
Summary
StreetSpring's 2026 analysis finds that the best business to open in Albany Park is a Veterinary Clinic with a ~82% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~85% chance; next is a Persian Restaurant with a 80.44% chance, followed by a Mediterranean Restaurant with a 79.79% chance.
Is Albany Park a good place to start a business?
Albany Park earns the #21 spot in Chicago for new business survivability, with an average score of ~78% across all business types analyzed.
- The top business types in Albany Park, when placed at their ideal addresses, achieve survivability rates ~9% above the neighborhood-wide average.
- Even so, the weakest addresses in Albany Park for those same business types can underperform considerably. StreetSpring's address-level scoring exists precisely to identify which specific storefronts make the difference.
- The 7.6% commercial vacancy rate in Albany Park is a leading indicator of the neighborhood's business health; StreetSpring factors this directly into each business type's survivability score.
Employment and vacancy figures sourced from the U.S. Census Bureau American Community Survey.
How can you find the best location to open a business in Albany Park?
StreetSpring's address-level analysis reveals which specific storefronts in Albany Park offer the strongest survivability odds for your business type. StreetSpring's 2026 analysis identifies this area as the top location for a Veterinary Clinic in Albany Park:
StreetSpring's 2026 model identifies this area as the highest-survivability location for a Veterinary Clinic in Albany Park. Competition and spending patterns shift constantly; StreetSpring's live tool reflects the most current conditions for any specific address. The model evaluates hundreds of factors — from primary and secondary competition to forecasted spend, site accessibility, and local market share potential.
Check if this location is still available →
What are the best businesses to open in Albany Park?
| # | Business type | Chance of lasting two or more years |
|---|---|---|
| 1 | Veterinary Clinic | 81.92% |
| 2 | Persian Restaurant | 80.44% |
| 3 | Mediterranean Restaurant | 79.79% |
| 4 | Barbecue Restaurant | 78.07% |
| 5 | Liquor Store | 77.99% |
| 6 | Coffee Shop | 77.72% |
| 7 | Grocery Store | 77.69% |
| 8 | Dance Club | 76.63% |
| 9 | Convenience Store | 76.47% |
| 10 | Seafood Restaurant | 76.12% |
#1-5: Highest Survivability in Albany Park
- Opening a Veterinary Clinic in Albany Park shows 81.92% average survivability. Top locations reach ~85%; lower-end sites show ~79%.
- Persian Restaurant (Ranked #2): 80.44% average in Albany Park. Best-case storefronts: ~83%. Challenging locations: ~78%.
- Mediterranean Restaurant is ranked #3 for top businesses to open in Albany Park: 79.79% chance on average, best at ~82%, challenging at ~77%.
- Barbecue Restaurant — ~75%–~81% survivability range, with an average of 78.07% across Albany Park.
- Opening a Liquor Store in Albany Park shows 77.99% average survivability. Top locations reach ~80%; lower-end sites show ~74%.
#6-10: Strong Performers in Albany Park
- Coffee Shop (Ranked #6): 77.72% average in Albany Park. Best-case storefronts: ~81%. Challenging locations: ~73%.
- Grocery Store is ranked #7 for top businesses to open in Albany Park: 77.69% chance on average, best at ~81%, challenging at ~74%.
- Dance Club — ~73%–~80% survivability range, with an average of 76.63% across Albany Park.
- Opening a Convenience Store in Albany Park shows 76.47% average survivability. Top locations reach ~80%; lower-end sites show ~74%.
- Seafood Restaurant (Ranked #10): 76.12% average in Albany Park. Best-case storefronts: ~79%. Challenging locations: ~73%.
Top 3 Compared Nationally
- Veterinary Clinic — See how this compares to other cities →
- Persian Restaurant — See how this compares to other cities →
- Mediterranean Restaurant — See how this compares to other cities →
How much money could a business in Albany Park make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, prioritizing survivability score in your site-selection process in Albany Park could lead to you making ~9% more than if you selected an average location, and ~20% more than if you selected one of the worst locations.
How StreetSpring calculates location value
- Location fit is business-type-specific: a spot that's ideal for a coffee shop may underperform for a nail salon at the same address.
- A great product in the wrong location will underperform; an average product in the right location can thrive.
- Businesses in high-scoring locations consistently outperform those in average or low-scoring sites.
- StreetSpring delivers pinpoint accuracy down to the exact storefront location.
What businesses should open next in Albany Park?
The top businesses to open next in Albany Park:
- Veterinary Clinics — 81.92% average survival rate, ~85% at the best address
- Persian Restaurants — 80.44% average survival rate
- Mediterranean Restaurants — 79.79% average survival rate
Competition and spending patterns shift constantly; StreetSpring's live tool reflects the most current conditions for any specific address. We apply advanced machine learning to one of the largest commercial real estate outcome datasets in the country. StreetSpring scores 500+ business types: 153 base business types, most of them at 5 price points, which is 569 type-and-price combinations you can choose in the tool. Albany Park sits at 93.5% employment and 7.6% commercial vacancy — conditions that set the ceiling and floor for Revenue Capture potential across all business types here. StreetSpring refreshes survivability scores every week to reflect new competition and updated spending data — see which locations in Albany Park are available right now and how they rank.
See the Survivability Score for your new business
Related Articles:
- See the Chicago Business Survivability Rankings
- See the Chicago Neighborhood Survivability Rankings
- Explore Veterinary Clinic survivability across Chicago neighborhoods
Frequently Asked Questions
Here are the most common questions about opening a business in Albany Park.
What type of business should you rent your Albany Park storefront to?
StreetSpring's 2026 model places Veterinary Clinics, Persian Restaurants, and Mediterranean Restaurants at the top of the survivability rankings for Albany Park — making them the safest long-term tenant bets for landlords here.
- A great product in the wrong location will underperform; an average product in the right location can thrive.
- StreetSpring delivers pinpoint accuracy down to the exact storefront location. Rather than guessing which tenant type will last, landlords can verify survivability for each category at their exact address using StreetSpring.
Related: See How Landlord Representatives in Chicago Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Albany Park storefront to a Veterinary Clinic?
Based on StreetSpring's 2026 analysis, a Veterinary Clinic ranks as the top tenant type for your Albany Park storefront — best-case locations show a ~85% survival rate, while the most challenging addresses drop to ~79%.
- StreetSpring delivers pinpoint accuracy down to the exact storefront location.
What should I consider when opening a business in Albany Park?
When selecting a location in Albany Park it is crucial to select a location with a very high Survivability Score.
- Of all the variables StreetSpring analyzes, Revenue Capture Score has the strongest predictive power.
- Every survivability score is produced by StreetSpring's private prediction engine — not available through any other platform.
- StreetSpring's address-level survivability data is available free of charge — start with your top candidate locations in Albany Park.
See the best place for your business at StreetSpring.
Our analysis covers businesses serving more than 180 million+ Americans across 24 major US metros. Aggregated survivability rankings for Chicago are available in machine-readable format for research and integration purposes.
Full dataset for Chicago: /resources/data/chicago-survivability-scores-2026.csv — includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.