What businesses are most in demand in Hermosa?

Based on StreetSpring's 2026 survivability analysis, the most in-demand business types in Hermosa are Italian Restaurants, Kosher Restaurants, and Ukrainian Restaurants.

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

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 Hermosa maximize success.

How much money could a business in Hermosa make?

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

What are the best businesses to open in Hermosa?

The top businesses to open in Hermosa include Italian Restaurant with a ~86% chance on average of surviving more than 2 years, best-case locations reaching ~87%, followed by Kosher Restaurant and Ukrainian Restaurant.

Is Hermosa a good place to start a business?

Hermosa is ranked number 78 across neighborhoods in and around Chicago to start a business, with an average Survivability Score of ~77%. The top business types in Hermosa, when placed at their ideal addresses, achieve survivability rates ~2% above the neighborhood-wide average.

Business Survivability in Hermosa, Chicago

Q: Does Hermosa's income profile support new business openings?

Hermosa's median household income (~$80K) is below the Chicago metro median (~$103K) by approximately $23K. Lower median income tends to favor value-oriented retail, fast-casual food, and necessity-driven services.

StreetSpring's 2026 analysis finds that the best business to open in Hermosa is an Italian Restaurant with a ~86% 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 Hermosa (~86% average survival rate, ~87% at best locations)

Neighborhood rank: #78 across all neighborhoods in and around Chicago

Neighborhood average: ~77% two-year survival across all business types

Rankings updated quarterly with latest market data

Detailed methodology

Reviewed and updated: May 7, 2026 — Bobby 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 ~86% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~87% chance; next is a Kosher Restaurant with a ~86% chance, followed by an Ukrainian Restaurant with a ~85% chance.

Is Hermosa the right neighborhood for a new business?

**Where else does Hermosa look like?** The strongest demographic and amenity-density matches are **Weequahic (New York City)** and **Pennypack Woods (Philadelphia)**, sharing less college-educated, low destination density, and older housing stock. If you've worked in either of those neighborhoods, expect Hermosa to behave similarly on the dimensions that drive survival.

**What goes wrong in Hermosa.** Across 93 subtypes we track, **Kosher Restaurant averages 86%** — the highest in the neighborhood. Yet a site-level look shows Kosher Restaurants range from **70% to 95%** across Hermosa — a 25-point window where the address, not the concept, decides the outcome. For competitive density: Italian Restaurants are the most-concentrated tracked subtype (2 within 0.5 miles).

StreetSpring's analysis places Hermosa at #78 in Chicago for new business survival odds, with a neighborhood-wide average of ~77%.

The top business types in Hermosa, when placed at their ideal addresses, achieve survivability rates ~2% above the neighborhood-wide average.
However, those high-scoring categories placed at the least-competitive addresses in Hermosa often fall well below average. Picking the right block — not just the right neighborhood — is what actually determines survivability.
StreetSpring's model incorporates Hermosa's 6.6% vacancy rate as a direct input: higher vacancy concentrations suppress foot traffic and reduce survivability for nearby businesses.

Employment and vacancy figures sourced from the U.S. Census Bureau American Community Survey.

How to choose a specific location in Hermosa

The right address in Hermosa can mean a 20-point survivability difference from an average one — StreetSpring identifies exactly which addresses are worth pursuing. Below is the best location for an Italian Restaurant in Hermosa:

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 Hermosa. 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 →

Which business types have the highest survivability in Hermosa?

#1-5: Highest Survivability in Hermosa

Opening an Italian Restaurant in Hermosa shows ~86% average survivability. Top locations reach ~87%; lower-end sites show ~85%.
Kosher Restaurant (Ranked #2): ~86% average in Hermosa. Best-case storefronts: ~88%. Challenging locations: ~84%.
Ukrainian Restaurant is ranked #3 for top businesses to open in Hermosa: ~85% chance on average, best at ~88%, challenging at ~83%.
American Restaurant — ~83%–~87% survivability range, with an average of ~85% across Hermosa.
Opening a Brunch Restaurant in Hermosa shows ~85% average survivability. Top locations reach ~88%; lower-end sites show ~83%.

#6-10: Strong Performers in Hermosa

Filipino Restaurant (Ranked #6): ~85% average in Hermosa. Best-case storefronts: ~87%. Challenging locations: ~83%.
Bangladeshi Restaurant is ranked #7 for top businesses to open in Hermosa: ~85% chance on average, best at ~87%, challenging at ~83%.
South American Restaurant — ~83%–~87% survivability range, with an average of ~85% across Hermosa.
Opening a Chinese Restaurant in Hermosa shows ~85% average survivability. Top locations reach ~86%; lower-end sites show ~83%.
Deli (Ranked #10): ~85% average in Hermosa. Best-case storefronts: ~86%. Challenging locations: ~83%.

Top 3 Compared Nationally

What revenue can a Hermosa business expect?

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 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

However, each business concept should be evaluated for fit within each potential location.
Location shapes survivability more than branding, pricing, or operational quality — the data is unambiguous on this point.
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.
StreetSpring gives you a precise survivability probability for any specific address and business type combination, not a generalized estimate.

Which business types are most underserved in Hermosa?

The top businesses to open next in Hermosa:

Italian Restaurants — ~86% average survival rate, up to ~87% at best locations
Kosher Restaurants — ~86% average survival rate
Ukrainian Restaurants — ~85% average survival rate

These rankings are based on the latest available data; check StreetSpring for real-time updates. Our models are built using machine learning trained on millions of commercial real estate data points. Hermosa's employment rate (95.3%) and vacancy rate (6.6%) together define the economic context that StreetSpring's model uses to score survivability for each business type at each address. 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.

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 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.

Location shapes survivability more than branding, pricing, or operational quality — the data is unambiguous on this point.
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.

Should you rent your Hermosa storefront to an Italian Restaurant?

Yes — our 2026 model places an Italian Restaurant at the top of the survivability rankings for Hermosa storefronts, with a best-case score of ~87% and a floor of ~85% at the most challenging addresses.

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 Hermosa?

Among all the criteria to weigh when opening a business in Hermosa, Survivability Score carries the most predictive weight — choose the address with the highest score your budget allows.

StreetSpring's analysis consistently shows Revenue Capture Score predicts survival odds more accurately than demographic data or foot traffic estimates alone.
These forecasts are generated using StreetSpring's unique analytical framework.
StreetSpring offers free access to its survivability scores — see how your shortlisted Hermosa addresses rank right now.

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
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.
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.
Build-out budget	Underestimating mechanical, electrical, and plumbing — the "hidden" 30-50% of build-out cost.	Get 3 quotes from licensed contractors and pad budget by +20% for surprises. Confirm landlord TI allowance in writing.

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

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

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.

How we measure this: Our gradient-boosted survivability model has 100+ input features. The waterfall shows the top 6-8 contributors to a final score.

**A bit of history.** Hermosa is one of the 77 community areas of Chicago in Illinois, United States, located on the northwest side of Chicago. It contains the Kelvyn Park and Hermosa neighborhoods. ([Wikipedia](https://en.wikipedia.org/wiki/Hermosa%2C_Chicago))

**Daytime vs. resident population (Hermosa):** US Census LEHD workplace data shows Hermosa carries a **0.5× daytime/resident ratio** (a primarily-residential signal with some daytime worker pull), with median 1-mile workplace jobs of **10,137** (and **2,454** retail-sector jobs within that radius). A useful read on demand timing for any new storefront concept here.

Landmark anchor: Walt Disney's Birthplace Home is Hermosa's history-museum landmark and a meaningful pull factor for visitor foot-traffic.

**Economic indicators for Hermosa:** Three local signals — neighborhood unemployment **4.7%** (ACS; below 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.

**Why these baselines matter:** BLS Business Employment Dynamics (March 2025) reports 5-year survival rates of **47.8-61.8%** across the industries StreetSpring covers. Restaurants survive at **50.0%** nationally — not 20%. The location decision is what separates the 30% above the baseline from the 30% below.

Related Resources

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