Business Survivability in Hermosa, Chicago
StreetSpring's 2026 analysis finds that the best business to open in Hermosa is an Italian Restaurant with a ~81% 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 Hermosa (~81% average survival rate, ~84% at best locations)
- Neighborhood rank: #78 across all neighborhoods in and around Chicago
- Neighborhood average: ~79% 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 Hermosa 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 Hermosa is an Italian Restaurant with a ~81% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~84% chance; next is a Kosher Restaurant with a 80.86% chance, followed by an Ukrainian Restaurant with a 80.65% chance.
Is Hermosa a good place to start a business?
StreetSpring's analysis places Hermosa at #78 in Chicago for new business survival odds, with a neighborhood-wide average of ~79%.
- At the strongest addresses in Hermosa, the most viable business types score ~2% higher than the average survivability rate across all locations.
- Yet the same categories that score highest in Hermosa can underperform significantly at the wrong address. Location precision within the neighborhood matters as much as choosing the neighborhood itself.
- Hermosa's 6.6% commercial vacancy rate signals the current availability of storefronts and shapes the competitive environment that survivability scores reflect.
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 Hermosa?
Using StreetSpring, you can identify the exact address in Hermosa that gives your specific business concept the highest survivability score. StreetSpring's 2026 analysis identifies this area as the top location for an Italian Restaurant in Hermosa:
StreetSpring's 2026 model identifies this area as the highest-survivability location for an Italian Restaurant in Hermosa. Static rankings can't capture every recent change in competition or consumer spending; StreetSpring's live platform provides the current score for your exact address. The model evaluates hundreds of factors — from primary and secondary competition to forecasted spend, site accessibility, and local market share potential.
Check if this location is still available →
What are the best businesses to open in Hermosa?
| # | Business type | Chance of lasting 2+ years |
|---|---|---|
| 1 | Italian Restaurant | 80.88% |
| 2 | Kosher Restaurant | 80.86% |
| 3 | Ukrainian Restaurant | 80.65% |
| 4 | Brunch Restaurant | 80.59% |
| 5 | American Restaurant | 80.54% |
| 6 | Filipino Restaurant | 80.50% |
| 7 | Bangladeshi Restaurant | 80.44% |
| 8 | South American Restaurant | 80.41% |
| 9 | Chinese Restaurant | 80.38% |
| 10 | Deli | 80.37% |
#1-5: Highest Survivability in Hermosa
- Italian Restaurant (Ranked #1): 80.88% average in Hermosa. Best-case storefronts: ~84%. Challenging locations: ~74%.
- Kosher Restaurant is ranked #2 for top businesses to open in Hermosa: 80.86% chance on average, best at ~84%, challenging at ~74%.
- Ukrainian Restaurant — ~73%–~84% survivability range, with an average of 80.65% across Hermosa.
- Opening a Brunch Restaurant in Hermosa shows 80.59% average survivability. Top locations reach ~84%; lower-end sites show ~74%.
- American Restaurant (Ranked #5): 80.54% average in Hermosa. Best-case storefronts: ~84%. Challenging locations: ~73%.
#6-10: Strong Performers in Hermosa
- Filipino Restaurant is ranked #6 for top businesses to open in Hermosa: 80.50% chance on average, best at ~84%, challenging at ~72%.
- Bangladeshi Restaurant — ~73%–~84% survivability range, with an average of 80.44% across Hermosa.
- Opening a South American Restaurant in Hermosa shows 80.41% average survivability. Top locations reach ~84%; lower-end sites show ~73%.
- Chinese Restaurant (Ranked #9): 80.38% average in Hermosa. Best-case storefronts: ~84%. Challenging locations: ~73%.
- Deli is ranked #10 for top businesses to open in Hermosa: 80.37% chance on average, best at ~84%, challenging at ~73%.
Top 3 Compared Nationally
- Italian Restaurant — See how this compares to other cities →
- Kosher Restaurant — See how this compares to other cities →
- Ukrainian Restaurant — See how this compares to other cities →
How much money could a business in Hermosa make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, selecting one of the best locations for your business in Hermosa 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-specific factors can dramatically alter outcomes even within the same neighborhood.
- Survivability data consistently shows location accounts for more variance in business outcomes than any other controllable factor.
- 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.
- Where you open decides more than what you open. Across Chicago the projected chance of lasting two or more years runs from about 61% in the weakest neighborhood to about 90% in the strongest, a swing of roughly 29 points. Inside a single Chicago neighborhood the gap between the best and the worst block is about 10 points more. StreetSpring scores the address, which is the only way to see either number before you sign a lease.
What businesses should open next in Hermosa?
The top businesses to open next in Hermosa:
- Italian Restaurants — 81% on average and 84% at the best address
- Kosher Restaurants — 80.86% average survival rate
- Ukrainian Restaurants — 80.65% average survival rate
Static rankings can't capture every recent change in competition or consumer spending; StreetSpring's live platform provides the current score for your exact address. Our analysis covers every major metro in the country — 24 cities and 180 million++ consumers. StreetSpring's model accounts for Hermosa's 95.3% employment rate when projecting survivability — businesses reliant on discretionary spend benefit disproportionately in well-employed neighborhoods. New competitors open and close every week, changing the survivability landscape for every address in Hermosa. StreetSpring's weekly updates mean you can always see the current score for any available storefront. 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 Hermosa.
What type of business should you rent your Hermosa storefront to?
The analysis is clear: in Hermosa, Italian Restaurants, Kosher Restaurants, and Ukrainian Restaurants consistently score highest on survivability, giving landlords the best chance of retaining tenants for 2+ years.
- Survivability data consistently shows location accounts for more variance in business outcomes than any other controllable factor.
- Where you open decides more than what you open. Across Chicago the projected chance of lasting two or more years runs from about 61% in the weakest neighborhood to about 90% in the strongest, a swing of roughly 29 points. Inside a single Chicago neighborhood the gap between the best and the worst block is about 10 points more. StreetSpring scores the address, which is the only way to see either number before you sign a lease. Rather than guessing which tenant type will last, landlords can verify survivability for each category at their exact address using StreetSpring.
Related: See How Landlord Representatives in Chicago Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Hermosa storefront to an Italian Restaurant?
According to our 2026 survivability model, an Italian Restaurant leads all business categories for Hermosa landlords — ~84% at the best addresses and ~74% at the most challenging ones in this neighborhood.
- Where you open decides more than what you open. Across Chicago the projected chance of lasting two or more years runs from about 61% in the weakest neighborhood to about 90% in the strongest, a swing of roughly 29 points. Inside a single Chicago neighborhood the gap between the best and the worst block is about 10 points more. StreetSpring scores the address, which is the only way to see either number before you sign a lease.
What should I consider when opening a business in Hermosa?
Don't commit to a storefront in Hermosa 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.
- High Revenue Capture Score is the clearest signal that a location can sustain a business over the long term.
- These forecasts are generated using StreetSpring's unique analytical framework.
- Access StreetSpring's current survivability data for any address in Hermosa for free at any time.
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.
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.