Business Survivability in Gage Park, Chicago
StreetSpring's 2026 analysis finds that the best business to open in Gage Park is an Italian Restaurant 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: an Italian Restaurant in Gage Park (~82% average survival rate, ~83% at best locations)
- Neighborhood rank: #38 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 Robert Koons, Founder & CEO, StreetSpring
In this article:
- Summary
- Is Gage 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 Gage Park is an Italian Restaurant with a ~82% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~83% chance; next is an Ukrainian Restaurant with a 82.49% chance, followed by a Kosher Restaurant with a 82.47% chance.
Is Gage Park a good place to start a business?
Among all neighborhoods in and around Chicago, Gage Park ranks #38 for business survivability, with an average ~81% chance of lasting two or more years.
- Best-case locations for the top business types in Gage Park produce survivability scores ~2% above the neighborhood-wide average.
- Yet the same categories that score highest in Gage Park can underperform significantly at the wrong address. Location precision within the neighborhood matters as much as choosing the neighborhood itself.
- With a 87.7% employment rate, Gage 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 can you find the best location to open a business in Gage Park?
StreetSpring can pinpoint which exact blocks in Gage Park maximize a business's chances of success. The location below represents the address in Gage Park with the highest projected survivability for an Italian Restaurant:
The highlighted area represents the address in Gage Park that StreetSpring's 2026 analysis ranks highest for an Italian Restaurant survivability. Even the best-ranked neighborhoods contain locations that underperform — and the worst-ranked ones have hidden gems. StreetSpring's scoring incorporates hundreds of inputs, including competitive quality and density, projected consumer spending, Revenue Capture Score, and local demand patterns.
Check if this location is still available →
What are the best businesses to open in Gage Park?
| # | Business type | Chance of lasting 2+ years |
|---|---|---|
| 1 | Italian Restaurant | 82.51% |
| 2 | Ukrainian Restaurant | 82.49% |
| 3 | Kosher Restaurant | 82.47% |
| 4 | Indonesian Restaurant | 82.44% |
| 5 | American Restaurant | 82.40% |
| 6 | Chicken Shop | 82.39% |
| 7 | Filipino Restaurant | 82.37% |
| 8 | South American Restaurant | 82.34% |
| 9 | Pet Grooming Shop | 82.33% |
| 10 | Deli | 82.31% |
#1-5: Highest Survivability in Gage Park
- Italian Restaurant is ranked #1 for top businesses to open in Gage Park: 82.51% chance on average, best at ~83%, challenging at ~74%.
- Ukrainian Restaurant — ~74%–~83% survivability range, with an average of 82.49% across Gage Park.
- Opening a Kosher Restaurant in Gage Park shows 82.47% average survivability. Top locations reach ~83%; lower-end sites show ~74%.
- Indonesian Restaurant (Ranked #4): 82.44% average in Gage Park. Best-case storefronts: ~83%. Challenging locations: ~74%.
- American Restaurant is ranked #5 for top businesses to open in Gage Park: 82.40% chance on average, best at ~83%, challenging at ~74%.
#6-10: Strong Performers in Gage Park
- Chicken Shop — ~76%–~84% survivability range, with an average of 82.39% across Gage Park.
- Opening a Filipino Restaurant in Gage Park shows 82.37% average survivability. Top locations reach ~83%; lower-end sites show ~74%.
- South American Restaurant (Ranked #8): 82.34% average in Gage Park. Best-case storefronts: ~83%. Challenging locations: ~74%.
- Pet Grooming Shop is ranked #9 for top businesses to open in Gage Park: 82.33% chance on average, best at ~83%, challenging at ~74%.
- Deli — ~74%–~83% survivability range, with an average of 82.31% across Gage Park.
Top 3 Compared Nationally
- Italian Restaurant — See how this compares to other cities →
- Ukrainian Restaurant — See how this compares to other cities →
- Kosher Restaurant — See how this compares to other cities →
How much money could a business in Gage Park make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, going with one of the top-scoring locations in the neighborhood rather than an average one in Gage 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
- Different business models thrive in different micro-locations.
- Every site-selection decision starts and ends with location — it outweighs concept, brand, and execution combined.
- StreetSpring's analysis shows that businesses in top-scoring locations generate meaningfully more revenue and stay open longer than those in average locations.
- Every survivability score StreetSpring produces is specific to the exact address and business type — not averaged across a zip code or neighborhood.
What businesses should open next in Gage Park?
The top businesses to open next in Gage Park:
- Italian Restaurants — 82.51% on average and 83% at the best address
- Ukrainian Restaurants — 82.49% average survival rate
- Kosher Restaurants — 82.47% average survival rate
Even the best-ranked neighborhoods contain locations that underperform — and the worst-ranked ones have hidden gems. StreetSpring's accuracy is built on studying businesses that serve more than 180 million+ Americans across 24 cities. The 87.7% employment rate in Gage Park is a key signal of consumer health; when combined with the 9.9% vacancy rate, it produces a competitive landscape that favors the business types ranked above. StreetSpring updates survivability scores for available locations weekly — check the live tool now to see which storefronts in Gage Park are currently available and how they score. 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 Gage Park.
What type of business should you rent your Gage Park storefront to?
If you own commercial space in Gage Park, StreetSpring's 2026 data points to Italian Restaurants, Ukrainian Restaurants, and Kosher Restaurants as the tenant types with the strongest projected longevity at this location.
- Every site-selection decision starts and ends with location — it outweighs concept, brand, and execution combined.
- Every survivability score StreetSpring produces is specific to the exact address and business type — not averaged across a zip code or neighborhood. StreetSpring can show you which specific address in your portfolio scores highest for each tenant type.
Related: See How Landlord Representatives in Chicago Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Gage Park storefront to an Italian Restaurant?
StreetSpring's 2026 analysis strongly supports renting to an Italian Restaurant in Gage Park: best-in-class addresses achieve ~83% survivability, and even the lower-end sites come in at ~74% — above average for most business types.
- Every survivability score StreetSpring produces is specific to the exact address and business type — not averaged across a zip code or neighborhood.
What should I consider when opening a business in Gage Park?
Survivability Score is the North Star metric for any location decision in Gage Park: it aggregates 100+ factors so you don't have to evaluate each one individually.
- Revenue Capture Score is the single best indicator of whether a business will thrive at a location.
- Each forecast is specific to the exact address and business type, generated by StreetSpring's internally developed prediction engine.
- StreetSpring's live survivability scores are available for free — check your specific address now.
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.