How much money could a business in Beverly make?

Based on StreetSpring's 2026 analysis, selecting one of the best locations in Beverly could lead to making ~2% more than selecting an average location, and ~3% more than one of the worst locations.

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 Survivability Score of ~81%. The top business types in Beverly, when placed at their ideal addresses, achieve survivability rates ~2% above the neighborhood-wide average.

How can you find the best location to open a business in Beverly?

StreetSpring's prediction model analyzes 100 factors across competition, spending on the specific potential business, projected revenue, projected market share, Revenue Capture Score, and mobility patterns to pinpoint which blocks in Beverly maximize success.

What businesses are most in demand in Beverly?

Based on StreetSpring's 2026 survivability analysis, the most in-demand business types in Beverly are Italian Restaurants, Indonesian Restaurants, and Bangladeshi Restaurants.

Business Survivability in Beverly, Chicago

StreetSpring's 2026 analysis finds that the best business to open in Beverly is an Italian Restaurant with a ~90% chance of surviving at least 2 years across the neighborhood on average.

April 24, 2026•17 min read

Quick Summary

Best business: an Italian Restaurant in Beverly (~90% average survival rate, ~91% at best locations)

Neighborhood rank: #48 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 by Bobby Koons, Founder & CEO, StreetSpring — May 14, 2026

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 ~90% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~91% chance; next is an Indonesian Restaurant with a ~90% chance, followed by a Bangladeshi Restaurant with a ~90% chance.

Is Beverly the right neighborhood for a new business?

**Pattern match:** Beverly's neighborhood signature — captured across demographic, employment, and amenity features — most closely matches **East Beverly (Chicago)** and **Melrose Park Gardens (Philadelphia)**. The three share blue-collar job mix, lower employment, and more homeowners, which helps explain why business types that succeed in those areas tend to translate to Beverly.

**The pattern in Beverly.** Of 93 tracked subtypes, Italian Restaurant leads at **90% average survivability** — yet within the neighborhood, sites for this subtype range **72-97%** (25-point spread). That spread is the real failure surface: pick the wrong block in Beverly and a top-subtype play still scores in the bottom quartile. Meanwhile Gyms are already saturated here — 2 competitors within a 0.5-mile radius.

Beverly is the #48 most survivable neighborhood for new businesses in and around Chicago, with an average score of ~81% across all analyzed categories.

The top business types in Beverly, when placed at their ideal addresses, achieve survivability rates ~2% above the neighborhood-wide average.
That said, the same business types at the worst-fit addresses in Beverly can drop substantially below average. The survivability gap between the best and worst addresses in a single neighborhood can be 20 points or more.
With a 87.9% employment rate, Beverly 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.

Which blocks in Beverly offer the strongest survivability?

With StreetSpring, location selection in Beverly moves from guesswork to a precise, address-level survivability score for any business type you're considering. According to StreetSpring's 2026 data, this is the optimal address for an Italian Restaurant in Beverly:

Why the right block matters more than the right neighborhood

Loading live map preview...

Based on StreetSpring's 2026 analysis of 100 location-specific factors, this area offers the highest projected survivability for an Italian Restaurant in Beverly. However, individual locations vary widely, and even in lower-scoring neighborhoods there are pockets that perform exceptionally well. Factors evaluated include competition at every distance band, consumer spending forecasts, mobility patterns, and market share projections.

Check if this location is still available →

What are the best businesses to open in Beverly?

#1-5: Highest Survivability in Beverly

Italian Restaurant (Ranked #1): ~90% average in Beverly. Best-case storefronts: ~91%. Challenging locations: ~89%.
Indonesian Restaurant is ranked #2 for top businesses to open in Beverly: ~90% chance on average, best at ~92%, challenging at ~88%.
Bangladeshi Restaurant — ~88%–~92% survivability range, with an average of ~90% across Beverly.
Opening a South American Restaurant in Beverly shows ~90% average survivability. Top locations reach ~91%; lower-end sites show ~88%.
Chinese Restaurant (Ranked #5): ~90% average in Beverly. Best-case storefronts: ~91%. Challenging locations: ~88%.

#6-10: Strong Performers in Beverly

Chicken Shop is ranked #6 for top businesses to open in Beverly: ~90% chance on average, best at ~92%, challenging at ~88%.
Filipino Restaurant — ~88%–~91% survivability range, with an average of ~90% across Beverly.
Opening a Deli in Beverly shows ~90% average survivability. Top locations reach ~91%; lower-end sites show ~88%.
French Restaurant (Ranked #9): ~90% average in Beverly. Best-case storefronts: ~91%. Challenging locations: ~88%.
Brunch Restaurant is ranked #10 for top businesses to open in Beverly: ~90% chance on average, best at ~92%, challenging at ~87%.

Top 3 Compared Nationally

Bangladeshi Restaurant — See how this compares to other cities →

The revenue potential of a Beverly location

Best location vs. average location

Based on StreetSpring's 2026 analysis, securing a location with maximum Revenue Capture potential 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

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.
Site selection is the highest-leverage decision most entrepreneurs make — it sets every other variable in motion.
The businesses that outperform their category averages most consistently are those that scored highest on survivability before opening.
StreetSpring generates location-specific predictions tailored to your exact site.

Where the next great business in Beverly should go

The top businesses to open next in Beverly:

Italian Restaurants — ~90% average survival rate, up to ~91% at best locations
Indonesian Restaurants — ~90% average survival rate
Bangladeshi Restaurants — ~90% average survival rate

However, individual locations vary widely, and even in lower-scoring neighborhoods there are pockets that perform exceptionally well. Our training data spans 130+ business types across 24 major metros, giving our models the breadth to predict outcomes across nearly any commercial concept. StreetSpring's model accounts for Beverly's 87.9% employment rate when projecting survivability — businesses reliant on discretionary spend benefit disproportionately in well-employed neighborhoods. 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.

See the Survivability Score for your new business

Related Articles:

See the Chicago Business Survivability Rankings
See the Chicago Neighborhood Survivability Rankings

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?

According to StreetSpring's 2026 data, the strongest tenant types for a storefront in Beverly are Italian Restaurants, Indonesian Restaurants, and Bangladeshi Restaurants.

Site selection is the highest-leverage decision most entrepreneurs make — it sets every other variable in motion.
StreetSpring generates location-specific predictions tailored to your exact site. Landlords can use StreetSpring to match their exact address to the tenant types most likely to stay open and paying rent for 2+ years.

Should you rent your Beverly storefront to an Italian Restaurant?

Yes — our 2026 model places an Italian Restaurant at the top of the survivability rankings for Beverly storefronts, with a best-case score of ~91% and a floor of ~89% at the most challenging addresses.

StreetSpring generates location-specific predictions tailored to your exact site.

What should I consider when opening a business in Beverly?

Survivability Score is the North Star metric for any location decision in Beverly: it aggregates 100+ factors so you don't have to evaluate each one individually.

A strong Revenue Capture Score reflects the ideal balance of manageable competition and robust consumer spending at that specific address.
StreetSpring uses its own proprietary forecasting tools to identify the Revenue Capture Score for each unique business.
StreetSpring's address-level survivability data is available free of charge — start with your top candidate locations in Beverly.

See the best place for your business at StreetSpring.

Using predictive analytics, StreetSpring helps entrepreneurs and landlords make smarter location decisions. Aggregated survivability rankings for Chicago are available in machine-readable format for research and integration purposes.

Lease structure questions to ask first

Factor	Where new owners get tripped up	Questions to ask before you sign
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.
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.
Competitor density	Counting only direct competitors and missing adjacent-category overlap (e.g. coffee shop near a bakery).	Map all businesses serving overlapping customer needs within a 5-min walk. Use StreetSpring's competitor view as a starting point.

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

Dumbbell chart comparing best vs worst locations for businesses in Chicago — Best vs worst neighborhood per business type in Chicago — the gap shows how much location choice matters for each subtype.

Treemap of Chicago business mix by survivability score — Treemap of business mix in Chicago — cell size = number of locations, color = average survivability score.

Radar chart of business-subtype survivability in Beverly, Chicago — Top business types scored in Beverly, Chicago — each axis is a subtype, taller = stronger survival rate.

How we measure this: Annual rent / estimated annual revenue = rent burden ratio. Industry rule of thumb: above 12% is uncomfortable, above 18% is fatal.

**A bit of history.** Beverly, officially Beverly Hills, is a community area 12 miles (19 km) from the Loop on the far Southwest Side of Chicago, Illinois, bordering the neighborhoods of Morgan Park, Mount Greenwood, Washington Heights, Auburn Gresham, Ashburn and the village of Evergreen Park. As of 2020, Beverly had 20,027 inhabitants. ([Wikipedia](https://en.wikipedia.org/wiki/Beverly%2C_Chicago))

**Daytime worker density (Beverly):** LEHD LODES Workplace Area Characteristics show a **0.2:1 daytime-to-resident ratio** for Beverly — a primarily-residential neighborhood with minimal daytime worker traffic. Median workplace jobs within a 1-mile radius across Beverly: **5,458**, of which roughly **1,323** are retail-sector. Higher daytime ratios favor weekday-lunch / commuter-traffic businesses; balanced ratios favor residential + weekend demand patterns.

Landmark anchor: Beverly hosts Ridge Historical Society, a history-museum that gives the neighborhood a cultural-destination layer most blocks don't have.

**Economic indicators for Beverly:** Three local signals — neighborhood unemployment **12.1%** (ACS; above the median we track), Chicago-area average weekly wage **$1,198** (BLS QCEW; below our metro median), and **5,308** new residential units permitted in Cook County in 2025 (Census BPS). Use these to ground demand and labor-cost assumptions for your specific business plan.

**National benchmark:** Per BLS Business Employment Dynamics (March 2025), 5-year survival rates for StreetSpring's tracked industries span **47.8-61.8%**. Restaurants — the most-studied of these — survive at **50.0%** nationally, not the often-cited "80% fail" myth. The real risk premium is at the location level, which is what StreetSpring's model isolates.

Related Resources

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