Business Survivability in Beverly Woods, Chicago
StreetSpring's 2026 analysis finds that the best business to open in Beverly Woods is a Filipino Restaurant with a ~89% chance of surviving at least 2 years across the neighborhood on average.
Quick Summary
- Best business: a Filipino Restaurant in Beverly Woods (~89% average survival rate, ~90% at best locations)
- Neighborhood rank: #54 across all neighborhoods in and around Chicago
- Neighborhood average: ~81% two-year survival across all business types
- Rankings updated quarterly with latest market data
- Detailed methodology
Last reviewed: April 29, 2026 by Bobby Koons, Founder & CEO, StreetSpring
In this article:
- Summary
- Is Beverly Woods 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 Beverly Woods is a Filipino Restaurant with a ~89% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~90% chance; next is an Italian Restaurant with a ~89% chance, followed by an Ukrainian Restaurant with a ~89% chance.
Is Beverly Woods a good place to start a business?
StreetSpring ranks Beverly Woods #54 among all analyzed neighborhoods in and around Chicago, with a neighborhood-wide average survivability of ~81%.
- The top business types in Beverly Woods, when placed at their ideal addresses, achieve survivability rates ~2% above the neighborhood-wide average.
- However, those high-scoring categories placed at the least-competitive addresses in Beverly Woods often fall well below average. Picking the right block — not just the right neighborhood — is what actually determines survivability.
- With a 86.7% employment rate, Beverly Woods has the consumer spending foundation that supports a range of brick-and-mortar business types.
Employment and vacancy figures sourced from the U.S. Census Bureau American Community Survey.
Where in Beverly Woods should you open a business?
StreetSpring's Beverly Woods data goes block by block — not just neighborhood averages — so you know which specific storefront gives your concept the strongest foundation. StreetSpring's 2026 model ranks this area #1 in Beverly Woods for a Filipino Restaurant:
Why the right block matters more than the right neighborhood
This map shows the optimal location for a Filipino Restaurant in Beverly Woods based on StreetSpring's 2026 survivability analysis. Static rankings can't capture every recent change in competition or foot traffic; StreetSpring's live platform provides the current score for your exact address. The prediction model incorporates 100 location-specific factors, including competitive density, forecasted consumer spending, mobility patterns, and Revenue Capture Score.
Check if this location is still available →
Which business types have the highest survivability in Beverly Woods?
#1-5: Highest Survivability in Beverly Woods
- Filipino Restaurant (Ranked #1): ~89% average in Beverly Woods. Best-case storefronts: ~90%. Challenging locations: ~87%.
- Italian Restaurant is ranked #2 for top businesses to open in Beverly Woods: ~89% chance on average, best at ~90%, challenging at ~88%.
- Ukrainian Restaurant — ~87%–~91% survivability range, with an average of ~89% across Beverly Woods.
- Opening a Kosher Restaurant in Beverly Woods shows ~89% average survivability. Top locations reach ~91%; lower-end sites show ~87%.
- Bangladeshi Restaurant (Ranked #5): ~89% average in Beverly Woods. Best-case storefronts: ~91%. Challenging locations: ~87%.
#6-10: Strong Performers in Beverly Woods
- South American Restaurant is ranked #6 for top businesses to open in Beverly Woods: ~89% chance on average, best at ~90%, challenging at ~87%.
- Chinese Restaurant — ~87%–~90% survivability range, with an average of ~89% across Beverly Woods.
- Opening a French Restaurant in Beverly Woods shows ~89% average survivability. Top locations reach ~90%; lower-end sites show ~87%.
- Chicken Shop (Ranked #9): ~89% average in Beverly Woods. Best-case storefronts: ~91%. Challenging locations: ~87%.
- Deli is ranked #10 for top businesses to open in Beverly Woods: ~89% chance on average, best at ~90%, challenging at ~87%.
Top 3 Compared Nationally
- Filipino Restaurant — See how this compares to other cities →
What revenue can a Beverly Woods business expect?
Best location vs. average location
Based on StreetSpring's 2026 analysis, choosing an address that maximizes your Revenue Capture Score in Beverly Woods could lead to you making ~2% more than if you selected an average location, and ~4% 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.
- Nothing influences a business's future more than its location.
- Maximizing your Survivability Score is the most reliable path to profitability.
- StreetSpring can pinpoint which blocks in each neighborhood or city maximize a business's chances of success.
What Beverly Woods needs more of (per our model)
The top businesses to open next in Beverly Woods:
- Filipino Restaurants — ~89% average survival rate, up to ~90% at best locations
- Italian Restaurants — ~89% average survival rate
- Ukrainian Restaurants — ~89% average survival rate
Static rankings can't capture every recent change in competition or foot traffic; StreetSpring's live platform provides the current score for your exact address. Our models are built using machine learning trained on millions of commercial real estate data points. Beverly Woods's combination of 86.7% employment and 5.0% vacancy creates the conditions that define which business types thrive here and which struggle. Survivability scores are live, not static — StreetSpring updates them weekly. Visit the tool to see what's currently available in Beverly Woods and how each address is scoring right now.
See the Survivability Score for your new business
Related Articles:
Frequently Asked Questions
Here are the most common questions about opening a business in Beverly Woods.
What type of business should you rent your Beverly Woods storefront to?
StreetSpring's 2026 model places Filipino Restaurants, Italian Restaurants, and Ukrainian Restaurants at the top of the survivability rankings for Beverly Woods — making them the safest long-term tenant bets for landlords here.
- Nothing influences a business's future more than its location.
- StreetSpring can pinpoint which blocks in each neighborhood or city maximize a business's chances of success. StreetSpring allows property owners to evaluate any address against 700+ tenant types — so you can prioritize the categories that score highest at your specific location.
Related: See How Landlord Representatives in Chicago Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Beverly Woods storefront to a Filipino Restaurant?
Yes — our 2026 model places a Filipino Restaurant at the top of the survivability rankings for Beverly Woods storefronts, with a best-case score of ~90% and a floor of ~87% at the most challenging addresses.
- StreetSpring can pinpoint which blocks in each neighborhood or city maximize a business's chances of success.
What should I consider when opening a business in Beverly Woods?
Location decisions in Beverly Woods should be grounded in Survivability Score data, not intuition. The score directly measures the competitive and spending conditions at your exact address.
- Revenue Capture is where competition meets spending — and it's the number that matters most when choosing a location.
- StreetSpring uses its own proprietary forecasting tools to identify the Revenue Capture Score for each unique business.
- The most current survivability data for Beverly Woods is free to access on StreetSpring — no account required to check your specific address.
See the best place for your business at StreetSpring.
StreetSpring's AI platform has analyzed thousands of business openings to identify success patterns. Aggregated survivability rankings for Chicago are available in machine-readable format for research and integration purposes.
Lease structure questions to ask first
| Consideration | Common pitfall | What to verify before signing |
|---|---|---|
| Permits & licensing | Assuming a 30-day permit timeline, hitting 90+ days, paying rent on a non-operating storefront. | Call the local zoning office before signing. Confirm your use is already permitted; if not, factor a 2-3 month variance timeline. |
| Foot traffic seasonality | Looking at a peak-summer Tuesday and assuming year-round volume. | Walk the block at 3 different times across 2 different weeks. Ask neighboring tenants for their slow-season % drop. |
| Outdoor seating / sidewalk use | Signing assuming you can add patio seating, then learning the city requires a separate sidewalk-cafe permit with long lead times. | Check the city's sidewalk-cafe permit process up front. Confirm landlord allows outdoor build-out in the lease language. |
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.
Visual Data
Related Resources
Related:
Related:
- Business Survivability in Adair Park, Atlanta
- Business Survivability in Ansley Park, Atlanta
- Business Survivability in Ardmore, Atlanta
More Questions About This Location
Local-context questions, answered with neighborhood-specific numbers.
How does Chicago's survivability compare to national sector averages?
BLS Business Employment Dynamics data (March 2025 release) shows 5-year survival rates spanning 47.8% (Active Life) to 61.8% (Health & Medical) across the 11 sectors StreetSpring tracks. Restaurants — the most studied category — survive at 50% nationally, well above the often-cited "80% fail" myth.
How big is the Beverly Woods market in terms of resident population?
Beverly Woods has approximately 27.8K residents, putting it in the upper-middle range among Chicago neighborhoods we track. The resident base is healthy — most retail and service business types have viable demand.
How does Beverly Woods's vacancy rate affect commercial demand?
Approximately 5% of Beverly Woods housing units are vacant — below the Chicago metro median (8%). Vacancy is close to the metro median — lease economics are typical for the area.