Business Survivability in Greektown, Chicago
StreetSpring's 2026 analysis finds that the best business to open in Greektown is an Ukrainian 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 Ukrainian Restaurant in Greektown (~82% average survival rate, ~83% at best locations)
- Neighborhood rank: #55 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 Greektown 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 Greektown is an Ukrainian 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 a Filipino Restaurant with a 81.91% chance, followed by an Italian Restaurant with a 81.90% chance.
Is Greektown a good place to start a business?
Among all neighborhoods in and around Chicago, Greektown ranks #55 for business survivability, with an average ~81% chance of lasting two or more years.
- Strong business types at their best-match addresses in Greektown consistently score ~2% higher than the overall neighborhood survivability average.
- But at poorly chosen addresses within Greektown, even the top-ranked business types can fall well below the neighborhood average. Location selection remains critical — a promising concept at the wrong spot still carries significant risk.
- Commercial vacancy in Greektown sits at 4.9%, a figure that factors into survivability scores for every business type in this neighborhood.
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 Greektown?
The right address in Greektown can mean a 20-point survivability difference from an average one — StreetSpring identifies exactly which addresses are worth pursuing. The map below highlights the highest-survivability address for an Ukrainian Restaurant in Greektown:
Based on StreetSpring's 2026 analysis of hundreds of location-specific factors, this area offers the highest projected survivability for an Ukrainian Restaurant in Greektown. These rankings are based on the latest available data; check StreetSpring for real-time updates. 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 Greektown?
| # | Business type | Chance of lasting 2+ years |
|---|---|---|
| 1 | Ukrainian Restaurant | 81.92% |
| 2 | Filipino Restaurant | 81.91% |
| 3 | Italian Restaurant | 81.90% |
| 4 | Bangladeshi Restaurant | 81.89% |
| 5 | Indonesian Restaurant | 81.88% |
| 6 | French Restaurant | 81.87% |
| 7 | American Restaurant | 81.86% |
| 8 | South American Restaurant | 81.85% |
| 9 | Deli | 81.83% |
| 10 | Chinese Restaurant | 81.82% |
#1-5: Highest Survivability in Greektown
- Ukrainian Restaurant — ~76%–~83% survivability range, with an average of 81.92% across Greektown.
- Opening a Filipino Restaurant in Greektown shows 81.91% average survivability. Top locations reach ~83%; lower-end sites show ~76%.
- Italian Restaurant (Ranked #3): 81.90% average in Greektown. Best-case storefronts: ~83%. Challenging locations: ~76%.
- Bangladeshi Restaurant is ranked #4 for top businesses to open in Greektown: 81.89% chance on average, best at ~83%, challenging at ~76%.
- Indonesian Restaurant — ~76%–~83% survivability range, with an average of 81.88% across Greektown.
#6-10: Strong Performers in Greektown
- Opening a French Restaurant in Greektown shows 81.87% average survivability. Top locations reach ~83%; lower-end sites show ~76%.
- American Restaurant (Ranked #7): 81.86% average in Greektown. Best-case storefronts: ~84%. Challenging locations: ~78%.
- South American Restaurant is ranked #8 for top businesses to open in Greektown: 81.85% chance on average, best at ~83%, challenging at ~76%.
- Deli — ~76%–~84% survivability range, with an average of 81.83% across Greektown.
- Opening a Chinese Restaurant in Greektown shows 81.82% average survivability. Top locations reach ~84%; lower-end sites show ~76%.
Top 3 Compared Nationally
- Ukrainian Restaurant — See how this compares to other cities →
- Filipino Restaurant — See how this compares to other cities →
- Italian Restaurant — See how this compares to other cities →
How much money could a business in Greektown make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, following the survivability data rather than relying on intuition or foot traffic estimates in Greektown could lead to you making ~2% more than if you selected an average location, and ~5% more than if you selected one of the worst locations.
How StreetSpring calculates location value
- The right address for one business type may be the wrong one for another — always evaluate fit for your specific concept.
- Location is the biggest factor in a business's future success.
- Businesses in high-scoring locations consistently outperform those in average or low-scoring sites.
- StreetSpring gives you a precise survivability probability for any specific address and business type combination, not a generalized estimate.
What businesses should open next in Greektown?
The top businesses to open next in Greektown:
- Ukrainian Restaurants — 81.92% on average and 83% at the best address
- Filipino Restaurants — 81.91% average survival rate
- Italian Restaurants — 81.90% average survival rate
These rankings are based on the latest available data; check StreetSpring for real-time updates. The model draws from 100+ location-specific factors to generate each survivability score. Greektown's employment rate (96.2%) and vacancy rate (4.9%) together define the economic context that StreetSpring's model uses to score survivability for each business type at each address. 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 Greektown 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 Ukrainian Restaurant survivability across Chicago neighborhoods
Visual Data
Frequently Asked Questions
Here are the most common questions about opening a business in Greektown.
What type of business should you rent your Greektown storefront to?
Based on 2026 survivability scores across all business types in Greektown, the top three tenant categories for landlords are Ukrainian Restaurants, Filipino Restaurants, and Italian Restaurants.
- Location is the biggest factor in a business's future success.
- StreetSpring gives you a precise survivability probability for any specific address and business type combination, not a generalized estimate. 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 Greektown storefront to an Ukrainian Restaurant?
Yes, StreetSpring's analysis finds that an Ukrainian Restaurant would be the best type of business to rent your storefront to, with a potential ~83% chance of lasting more than 2 years; however depending on your location, the chances could drop to a ~76% chance.
- 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 Greektown?
Before committing to any location in Greektown, the highest-priority metric to check is the Survivability Score — it encodes every relevant location factor into a single, actionable number.
- Among all the inputs that shape survivability, Revenue Capture Score carries the most predictive weight.
- These predictions are generated by StreetSpring's proprietary machine learning system, validated against hundreds of thousands of real business outcomes.
- The most current survivability data for Greektown is free to access on StreetSpring — no account required to check your specific address.
See the best place for your business at StreetSpring.
StreetSpring uses AI to predict business survivability across U.S. neighborhoods — trusted by real estate professionals and entrepreneurs nationwide. 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.