Business Survivability in Beverly, Chicago
StreetSpring's 2026 analysis finds that the best business to open in Beverly is an Italian Restaurant with a ~83% 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: an Italian Restaurant in Beverly (~83% average survival rate, ~83% at best locations)
- Neighborhood rank: #48 across all neighborhoods in and around Chicago
- Neighborhood average: ~81% 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 Bobby Koons, Founder & CEO, StreetSpring
In this article:
- Summary
- Is Beverly 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 is an Italian Restaurant with a ~83% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~83% chance; next is an Indonesian Restaurant with a 82.58% chance, followed by a Bangladeshi Restaurant with a 82.57% chance.
Is Beverly a good place to start a business?
Beverly is ranked number 48 across neighborhoods in and around Chicago to start a business, with an average ~81% chance of lasting two or more years.
- The most promising business types in the best locations score a ~2% higher chance of surviving 2 years than the average.
- Yet the same categories that score highest in Beverly can underperform significantly at the wrong address. Location precision within the neighborhood matters as much as choosing the neighborhood itself.
- At 87.9% employed, Beverly's consumer base has the spending capacity that makes the neighborhood viable for a wide range of business types — though location selection within the neighborhood still determines actual survivability.
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 Beverly?
StreetSpring's Beverly data goes block by block — not just neighborhood averages — so you know which specific storefront gives your concept the strongest foundation. StreetSpring's 2026 analysis identifies this area as the top location for an Italian Restaurant in Beverly:
This map shows the optimal location for an Italian Restaurant in Beverly based on StreetSpring's 2026 survivability analysis. However, individual locations vary widely, and even in lower-scoring neighborhoods there are pockets that perform exceptionally well. The prediction model incorporates hundreds of location-specific factors, including competitive density, forecasted consumer spending, mobility patterns, and Revenue Capture Score.
Check if this location is still available →
What are the best businesses to open in Beverly?
| # | Business type | Chance of lasting 2+ years |
|---|---|---|
| 1 | Italian Restaurant | 82.65% |
| 2 | Indonesian Restaurant | 82.58% |
| 3 | Bangladeshi Restaurant | 82.57% |
| 4 | Chicken Shop | 82.56% |
| 5 | South American Restaurant | 82.54% |
| 6 | Brunch Restaurant | 82.53% |
| 7 | French Restaurant | 82.52% |
| 8 | Chinese Restaurant | 82.51% |
| 9 | Deli | 82.49% |
| 10 | Filipino Restaurant | 82.48% |
#1-5: Highest Survivability in Beverly
- Opening an Italian Restaurant in Beverly shows 82.65% average survivability. Top locations reach ~83%; lower-end sites show ~82%.
- Indonesian Restaurant (Ranked #2): 82.58% average in Beverly. Best-case storefronts: ~83%. Challenging locations: ~82%.
- Bangladeshi Restaurant is ranked #3 for top businesses to open in Beverly: 82.57% chance on average, best at ~83%, challenging at ~82%.
- Chicken Shop — ~83%–~84% survivability range, with an average of 82.56% across Beverly.
- Opening a South American Restaurant in Beverly shows 82.54% average survivability. Top locations reach ~83%; lower-end sites show ~82%.
#6-10: Strong Performers in Beverly
- Brunch Restaurant (Ranked #6): 82.53% average in Beverly. Best-case storefronts: ~83%. Challenging locations: ~81%.
- French Restaurant is ranked #7 for top businesses to open in Beverly: 82.52% chance on average, best at ~83%, challenging at ~82%.
- Chinese Restaurant — ~82%–~83% survivability range, with an average of 82.51% across Beverly.
- Opening a Deli in Beverly shows 82.49% average survivability. Top locations reach ~83%; lower-end sites show ~82%.
- Filipino Restaurant (Ranked #10): 82.48% average in Beverly. Best-case storefronts: ~83%. Challenging locations: ~82%.
Top 3 Compared Nationally
- Italian Restaurant — See how this compares to other cities →
- Indonesian Restaurant — See how this compares to other cities →
- Bangladeshi Restaurant — See how this compares to other cities →
How much money could a business in Beverly make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, selecting a storefront that StreetSpring ranks in the top tier for your business type in Beverly could lead to you making ~2% more than if you selected an average location, and ~3% more than if you selected one of the worst locations.
How StreetSpring calculates location value
- Every business type has unique location requirements that must be considered.
- Every site-selection decision starts and ends with location — it outweighs concept, brand, and execution combined.
- Survivability Score is not just a survival metric — it's a revenue predictor, and the higher the score, the stronger the long-term financial outlook.
- StreetSpring's precision goes beyond the neighborhood — it scores survivability at the exact address for every major brick-and-mortar business category.
What businesses should open next in Beverly?
The top businesses to open next in Beverly:
- Italian Restaurants — 82.65% average survival rate, up to ~83% at best locations
- Indonesian Restaurants — 82.58% average survival rate
- Bangladeshi Restaurants — 82.57% average survival rate
However, individual locations vary widely, and even in lower-scoring neighborhoods there are pockets that perform exceptionally well. We apply advanced machine learning to one of the largest commercial real estate outcome datasets in the country. The 8.1% commercial vacancy rate in Beverly means there is available space for new entrants — but it also signals that survivability depends heavily on choosing the right address within the neighborhood, not just the neighborhood itself. Survivability scores are recalculated weekly as new competitors open and spending patterns shift — visit StreetSpring to see the current score for any open location in Beverly right now. 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.
See the Survivability Score for your new business
Related Articles:
- See the Chicago Business Survivability Rankings
- See the Chicago Neighborhood Survivability Rankings
- Explore Italian Restaurant survivability across Chicago neighborhoods
Visual Data
Frequently Asked Questions
Here are the most common questions about opening a business in Beverly.
What type of business should you rent your Beverly storefront to?
For landlords in Beverly, StreetSpring's 2026 analysis identifies Italian Restaurants, Indonesian Restaurants, and Bangladeshi Restaurants as the business types most likely to produce stable, long-term tenancy.
- Every site-selection decision starts and ends with location — it outweighs concept, brand, and execution combined.
- StreetSpring's precision goes beyond the neighborhood — it scores survivability at the exact address for every major brick-and-mortar business category. StreetSpring allows property owners to evaluate any address against 500+ business 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 storefront to an Italian Restaurant?
According to our 2026 survivability model, an Italian Restaurant leads all business categories for Beverly landlords — ~83% at the best addresses and ~82% at the most challenging ones in this neighborhood.
- StreetSpring's precision goes beyond the neighborhood — it scores survivability at the exact address for every major brick-and-mortar business category.
What should I consider when opening a business in Beverly?
Location decisions in Beverly should be grounded in Survivability Score data, not intuition. The score directly measures the competitive and spending conditions at your exact address.
- Revenue Capture Score is the single best indicator of whether a business will thrive at a location.
- StreetSpring's custom-built forecasting infrastructure powers every survivability score, combining data science with commercial real estate intelligence.
- You can access the most up-to-date forecasts with StreetSpring for free.
See the best place for your business at StreetSpring.
Real estate professionals and business owners across 24 major metros use StreetSpring to ground their site-selection decisions in data, not guesswork. 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.