How much money could a business in Edison Park make?

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

Is Edison Park a good place to start a business?

Edison Park is ranked number 75 across neighborhoods in and around Chicago to start a business, with an average Survivability Score of ~78%. Strong business types at their best-match addresses in Edison Park consistently score ~2% higher than the overall neighborhood survivability average.

What are the best businesses to open in Edison Park?

The top businesses to open in Edison Park include Italian Restaurant with a ~86% chance on average of surviving more than 2 years, best-case locations reaching ~88%, followed by American Restaurant and French Restaurant.

What businesses are most in demand in Edison Park?

Based on StreetSpring's 2026 survivability analysis, the most in-demand business types in Edison Park are Italian Restaurants, American Restaurants, and French Restaurants.

Business Survivability in Edison Park, Chicago

StreetSpring's 2026 analysis finds that the best business to open in Edison Park is an Italian Restaurant with a ~86% chance of surviving at least 2 years across the neighborhood on average.

April 24, 2026•18 min read

Quick Summary

Best business: an Italian Restaurant in Edison Park (~86% average survival rate, ~88% at best locations)

Neighborhood rank: #75 across all neighborhoods in and around Chicago

Neighborhood average: ~78% two-year survival across all business types

Rankings updated quarterly with latest market data

Detailed methodology

Last reviewed by Bobby Koons, Founder & CEO, StreetSpring — April 24, 2026

In this article:

Summary
Is Edison 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 Edison Park is an Italian Restaurant with a ~86% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~88% chance; next is an American Restaurant with a ~86% chance, followed by a French Restaurant with a ~86% chance.

How business-friendly is Edison Park right now?

**How Edison Park compares:** Edison Park's profile most resembles **Beach (Miami)** and **North Pembroke (Boston)** based on the demographic and density signatures we use to model location quality — all three share more homeowners, low destination density, and low poverty. Patterns from those neighborhoods are directly relevant for businesses evaluating Edison Park.

**Failure pattern in Edison Park.** Across the 93 business subtypes we track here, the strongest is **American Restaurant** at 86% average survivability — but the best and worst sites for this subtype within Edison Park span **75% to 96%**, a 21-point gap. **The dominant failure mode in Edison Park isn't subtype choice — it's site selection within the neighborhood.** Saturation context: Kosher Restaurants are the most-concentrated tracked subtype in the area, with 4 competitors within a 0.5-mile radius.

Edison Park earns the #75 spot in Chicago for new business survivability, with an average score of ~78% across all business types analyzed.

Strong business types at their best-match addresses in Edison Park consistently score ~2% higher than the overall neighborhood survivability average.
Yet the same categories that score highest in Edison Park can underperform significantly at the wrong address. Location precision within the neighborhood matters as much as choosing the neighborhood itself.
With a 95.5% employment rate, Edison Park 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.

How to choose a specific location in Edison Park

StreetSpring's Edison Park data goes block by block — not just neighborhood averages — so you know which specific storefront gives your concept the strongest foundation. Below is the best location for an Italian Restaurant in Edison Park:

Reading visibility, frontage, and parking carefully

Loading live map preview...

StreetSpring's 2026 survivability data flags this circle as the prime block for an Italian Restaurant in Edison Park. Neighborhood-level averages are a starting point — the exact address will determine your actual survivability score. StreetSpring's prediction model analyzes 100 factors across competition, spending on the specific potential business, projected revenue, projected market share, Revenue Capture Score, mobility patterns, and many more.

Check if this location is still available →

Top-ranked business types for Edison Park

#1-5: Highest Survivability in Edison Park

Italian Restaurant is ranked #1 for top businesses to open in Edison Park: ~86% chance on average, best at ~88%, challenging at ~85%.
American Restaurant — ~84%–~87% survivability range, with an average of ~86% across Edison Park.
Opening a French Restaurant in Edison Park shows ~86% average survivability. Top locations reach ~87%; lower-end sites show ~84%.
Bangladeshi Restaurant (Ranked #4): ~86% average in Edison Park. Best-case storefronts: ~88%. Challenging locations: ~84%.
South American Restaurant is ranked #5 for top businesses to open in Edison Park: ~86% chance on average, best at ~88%, challenging at ~84%.

#6-10: Strong Performers in Edison Park

Russian Restaurant — ~85%–~87% survivability range, with an average of ~86% across Edison Park.
Opening a Brunch Restaurant in Edison Park shows ~86% average survivability. Top locations reach ~88%; lower-end sites show ~84%.
Deli (Ranked #8): ~86% average in Edison Park. Best-case storefronts: ~87%. Challenging locations: ~84%.
Chinese Restaurant is ranked #9 for top businesses to open in Edison Park: ~86% chance on average, best at ~87%, challenging at ~84%.
Portuguese Restaurant — ~84%–~87% survivability range, with an average of ~86% across Edison Park.

Top 3 Compared Nationally

American Restaurant — See how this compares to other cities →

What you could earn opening a business in Edison Park

Best location vs. average location

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

Site selection requires evaluating the specific combination of your business type and the exact address — neighborhood-level data is only the starting point.
Where you open matters more than anything else.
StreetSpring's analysis shows that businesses in top-scoring locations generate meaningfully more revenue and stay open longer than those in average locations.
StreetSpring gives you a precise survivability probability for any specific address and business type combination, not a generalized estimate.

Where the next great business in Edison Park should go

The top businesses to open next in Edison Park:

Italian Restaurants — ~86% average survival rate, up to ~88% at best locations
American Restaurants — ~86% average survival rate
French Restaurants — ~86% average survival rate

Neighborhood-level averages are a starting point — the exact address will determine your actual survivability score. StreetSpring has analyzed hundreds of thousands of business outcomes across major U.S. metros. Edison Park's employment rate (95.5%) and vacancy rate (4.4%) together define the economic context that StreetSpring's model uses to score survivability for each business type at each address. StreetSpring updates survivability scores for available locations weekly — check the live tool now to see which storefronts in Edison Park are currently available and how they score.

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 Edison Park.

What type of business should you rent your Edison Park storefront to?

According to StreetSpring's 2026 data, the strongest tenant types for a storefront in Edison Park are Italian Restaurants, American Restaurants, and French Restaurants.

Where you open matters more than anything else.
StreetSpring gives you a precise survivability probability for any specific address and business type combination, not a generalized estimate. 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 Edison Park storefront to an Italian Restaurant?

StreetSpring's 2026 analysis strongly supports renting to an Italian Restaurant in Edison Park: best-in-class addresses achieve ~88% survivability, and even the lower-end sites come in at ~85% — above average for most business types.

StreetSpring gives you a precise survivability probability for any specific address and business type combination, not a generalized estimate.

What should I consider when opening a business in Edison Park?

Don't commit to a storefront in Edison Park without first checking its Survivability Score — the difference between a 70% and a 90% score at two addresses on the same block can determine your long-term outcome.

Among all the inputs that shape survivability, Revenue Capture Score carries the most predictive weight.
These insights come from StreetSpring's exclusive, in-house forecasting models.
You can check the Survivability Score for any storefront in Edison Park at no cost using StreetSpring's live tool.

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

Area to check	What can go wrong	How to de-risk it
CAM + hidden costs	Stated rent looks great, then CAM fees, signage charges, and after-hours utilities add 15-30%.	Get the full operating expense breakdown for the past 2 years. Ask which costs are landlord-capped vs. uncapped.
Parking & visibility	Storefront looks great from the sidewalk but is invisible from the road.	Drive past at 30 mph from both directions. Count street parking + nearest paid lot capacity at peak hours.
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.

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

Bubble chart of business subtypes in Chicago by survivability score and location density — Every business subtype in Chicago plotted by score vs location count — bubble size shows market depth.

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.

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

**Neighborhood context.** Edison Park is one of the 77 community areas of Chicago, Illinois, United States, located on the northwest side of Chicago. Source: [Wikipedia](https://en.wikipedia.org/wiki/Edison_Park%2C_Chicago).

**Daytime worker density (Edison Park):** LEHD LODES Workplace Area Characteristics show a **0.1:1 daytime-to-resident ratio** for Edison Park — a primarily-residential neighborhood with minimal daytime worker traffic. Median workplace jobs within a 1-mile radius across Edison Park: **8,942**, of which roughly **424** are retail-sector. Higher daytime ratios favor weekday-lunch / commuter-traffic businesses; balanced ratios favor residential + weekend demand patterns.

Landmark anchor: Edison Park centers on Edison (Thomas Alva) — a public-space anchor that influences walking and dwell-time patterns nearby.

**Economic context that bounds the demand environment in Edison Park:** Per ACS, neighborhood unemployment is **4.5%** (below the 24-metro neighborhood median). BLS QCEW shows the Chicago metro's average weekly wage at **$1,198** (below our 24-metro median). And Cook County permitted **5,308** new residential units in 2025 per Census BPS — a population-and-demand growth signal.

**BLS sector context:** Across the 11 industries StreetSpring tracks, 5-year survival rates from BLS Business Employment Dynamics, March 2025 release range from **47.8%** (Active Life — gyms, studios) to **61.8%** (Health & Medical). Restaurants — the largest single category in our corpus — average **50.0%** nationally, and retail averages **47.9%**.

Related Resources

Related:

Beyond the Numbers: Local Context

Beyond the general FAQ — data-anchored answers for this specific location.

Is Edison Park more a residential or work-destination neighborhood?

Edison Park's median commute (~33 min) is below the Chicago metro median (35 min). Commute patterns are typical for the metro, so foot traffic timing should not be a primary differentiator.

How does income in Edison Park compare to the rest of Chicago?

Median household income in Edison Park is approximately $133K, versus the Chicago metro median of $103K — above the metro by $30K. Higher median income supports premium retail, upscale dining, and discretionary services.

What is the median age in Edison Park, and what does that mean for businesses?

ACS data puts Edison Park's median age at 45, compared to the Chicago metro median of 37. That's older by 8 years — An older profile tends to favor healthcare, professional services, and family-oriented retail over nightlife.

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.