Business Survivability in Hyde Park, Chicago
StreetSpring's 2026 analysis finds that the best business to open in Hyde 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 Hyde Park (~82% average survival rate, ~83% at best locations)
- Neighborhood rank: #41 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 Hyde 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 Hyde 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 a Kosher Restaurant with a 82.40% chance, followed by a Singaporean Restaurant with a 82.38% chance.
Is Hyde Park a good place to start a business?
Across all neighborhoods in and around Chicago, StreetSpring's data places Hyde Park at #41 with a ~81% average Survivability Score.
- The highest-scoring business types in Hyde Park — at their optimal addresses — outperform the neighborhood average by ~2%.
- However, those same business types at the weakest addresses in Hyde Park can score considerably below average. Even the most in-demand concept in Hyde Park will struggle if it opens at the wrong address.
- The 91.1% employment rate in Hyde Park supports consumer spending, while a 9.6% vacancy rate reflects available storefronts — both of which shape the survivability landscape for any new business here.
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 Hyde Park?
StreetSpring narrows the decision down to the exact address — showing which blocks in Hyde Park produce the highest survivability scores for your concept. Below is the best location for an Italian Restaurant in Hyde Park:
According to StreetSpring's 2026 analysis, this circle outlines the best area for an Italian Restaurant in Hyde Park. The most reliable survivability data for any specific location is always StreetSpring's most recent live analysis, not aggregate neighborhood rankings. StreetSpring's prediction model analyzes hundreds of 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 →
What are the best businesses to open in Hyde Park?
| # | Business type | Chance of lasting 2+ years |
|---|---|---|
| 1 | Italian Restaurant | 82.45% |
| 2 | Kosher Restaurant | 82.40% |
| 3 | Singaporean Restaurant | 82.38% |
| 4 | Ukrainian Restaurant | 82.37% |
| 5 | American Restaurant | 82.34% |
| 6 | Indian Restaurant | 82.30% |
| 7 | Diner | 82.27% |
| 8 | Filipino Restaurant | 82.23% |
| 9 | Chicken Shop | 82.22% |
| 10 | South American Restaurant | 82.16% |
#1-5: Highest Survivability in Hyde Park
- Italian Restaurant (Ranked #1): 82.45% average in Hyde Park. Best-case storefronts: ~83%. Challenging locations: ~76%.
- Kosher Restaurant is ranked #2 for top businesses to open in Hyde Park: 82.40% chance on average, best at ~83%, challenging at ~71%.
- Singaporean Restaurant — ~73%–~83% survivability range, with an average of 82.38% across Hyde Park.
- Opening an Ukrainian Restaurant in Hyde Park shows 82.37% average survivability. Top locations reach ~83%; lower-end sites show ~73%.
- American Restaurant (Ranked #5): 82.34% average in Hyde Park. Best-case storefronts: ~83%. Challenging locations: ~75%.
#6-10: Strong Performers in Hyde Park
- Indian Restaurant is ranked #6 for top businesses to open in Hyde Park: 82.30% chance on average, best at ~83%, challenging at ~73%.
- Diner — ~73%–~83% survivability range, with an average of 82.27% across Hyde Park.
- Opening a Filipino Restaurant in Hyde Park shows 82.23% average survivability. Top locations reach ~83%; lower-end sites show ~73%.
- Chicken Shop (Ranked #9): 82.22% average in Hyde Park. Best-case storefronts: ~84%. Challenging locations: ~74%.
- South American Restaurant is ranked #10 for top businesses to open in Hyde Park: 82.16% chance on average, best at ~83%, 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 →
- Singaporean Restaurant — See how this compares to other cities →
How much money could a business in Hyde Park make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, securing a location with maximum Revenue Capture potential in Hyde 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
- However, each business concept should be evaluated for fit within each potential location.
- Where you open matters more than anything else.
- 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.
- Two storefronts on the same street can have survivability scores that differ by 20 points or more — StreetSpring calculates each one individually.
What businesses should open next in Hyde Park?
The top businesses to open next in Hyde Park:
- Italian Restaurants — 82.45% on average and 83% at the best address
- Kosher Restaurants — 82.40% average survival rate
- Singaporean Restaurants — 82.38% average survival rate
The most reliable survivability data for any specific location is always StreetSpring's most recent live analysis, not aggregate neighborhood rankings. We apply advanced machine learning to one of the largest commercial real estate outcome datasets in the country. The survivability rankings for Hyde Park are grounded in real economic conditions: 91.1% employment and 9.6% vacancy are among the key inputs that separate high-scoring locations from low-scoring ones here. StreetSpring refreshes survivability scores every week to reflect new competition and updated spending data — see which locations in Hyde Park are available right now and how they rank. 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 Hyde Park.
What type of business should you rent your Hyde Park storefront to?
If you own commercial space in Hyde Park, StreetSpring's 2026 data points to Italian Restaurants, Kosher Restaurants, and Singaporean Restaurants as the tenant types with the strongest projected longevity at this location.
- Where you open matters more than anything else.
- Two storefronts on the same street can have survivability scores that differ by 20 points or more — StreetSpring calculates each one individually. 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 Hyde Park storefront to an Italian Restaurant?
Yes, StreetSpring's analysis finds that an Italian 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.
- Two storefronts on the same street can have survivability scores that differ by 20 points or more — StreetSpring calculates each one individually.
What should I consider when opening a business in Hyde Park?
In Hyde Park, the single most important factor in your site-selection decision is the Survivability Score of the specific address you're evaluating.
- The most important driver of a high Survivability Score is the Revenue Capture Score for the business at the location it selects.
- Every survivability score is produced by StreetSpring's private prediction engine — not available through any other platform.
- StreetSpring offers free access to its survivability scores — see how your shortlisted Hyde Park addresses rank right now.
See the best place for your business at StreetSpring.
StreetSpring analyzes millions of data points with AI to forecast business survivability. 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.