What are the best businesses to open in Kelvin Park?

The top businesses to open in Kelvin Park include Kosher Restaurant with a ~88% chance on average of surviving more than 2 years, best-case locations reaching ~90%, followed by Ukrainian Restaurant and Brunch Restaurant.

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

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 Kelvin Park maximize success.

What businesses are most in demand in Kelvin Park?

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

How much money could a business in Kelvin Park make?

Based on StreetSpring's 2026 analysis, selecting one of the best locations in Kelvin Park could lead to making ~2% more than selecting an average location, and ~5% more than one of the worst locations.

Business Survivability in Kelvin Park, Chicago

Q: How does income in Kelvin Park compare to the rest of Chicago?

Kelvin Park's median household income (~$88K) is below the Chicago metro median (~$103K) by approximately $14K. Income is close to the metro median, so business-type fit depends more on local demographics and competition.

StreetSpring's 2026 analysis finds that the best business to open in Kelvin Park is a Kosher Restaurant with a ~88% chance of surviving at least 2 years across the neighborhood on average.

April 24, 2026•18 min read

Quick Summary

Best business: a Kosher Restaurant in Kelvin Park (~88% average survival rate, ~90% at best locations)

Neighborhood rank: #68 across all neighborhoods in and around Chicago

Neighborhood average: ~79% two-year survival across all business types

Rankings updated quarterly with latest market data

Detailed methodology

Last reviewed by Bobby Koons, Founder & CEO, StreetSpring — April 29, 2026

In this article:

Summary
Is Kelvin 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 Kelvin Park is a Kosher Restaurant with a ~88% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~90% chance; next is an Ukrainian Restaurant with a ~88% chance, followed by a Brunch Restaurant with a ~88% chance.

Is Kelvin Park a good place to start a business?

**Pattern match:** Kelvin Park's neighborhood signature — captured across demographic, employment, and amenity features — most closely matches **Albany Park (Chicago)** and **Weequahic (New York City)**. The three share longer commutes, low destination density, and few anchor tenants, which helps explain why business types that succeed in those areas tend to translate to Kelvin Park.

**The pattern in Kelvin Park.** Of 93 tracked subtypes, Kosher Restaurant leads at **88% average survivability** — yet within the neighborhood, sites for this subtype range **69-94%** (25-point spread). That spread is the real failure surface: pick the wrong block in Kelvin Park and a top-subtype play still scores in the bottom quartile. Meanwhile Gyms are already saturated here — 3 competitors within a 0.5-mile radius.

Across all neighborhoods in and around Chicago, StreetSpring's data places Kelvin Park at #68 with a ~79% average Survivability Score.

StreetSpring data shows the best-fit business types at prime Kelvin Park addresses outperform the neighborhood average by as much as ~2%.
That said, the same business types at the worst-fit addresses in Kelvin Park can drop substantially below average. The survivability gap between the best and worst addresses in a single neighborhood can be 20 points or more.
Kelvin Park's employment rate of 94.1% and commercial vacancy of 4.2% are two of the inputs StreetSpring's model uses to differentiate survivability within this neighborhood.

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

Which blocks in Kelvin Park offer the strongest survivability?

With StreetSpring, location selection in Kelvin Park moves from guesswork to a precise, address-level survivability score for any business type you're considering. StreetSpring's 2026 model ranks this area #1 in Kelvin Park for a Kosher Restaurant:

Walking the neighborhood: what to look for

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Based on StreetSpring's 2026 analysis of 100 location-specific factors, this area offers the highest projected survivability for a Kosher Restaurant in Kelvin Park. StreetSpring's survivability scores are updated regularly, so the most accurate prediction for your exact storefront is always available in the live tool. Factors evaluated include competition at every distance band, consumer spending forecasts, mobility patterns, and market share projections.

Check if this location is still available →

Top-ranked business types for Kelvin Park

#1-5: Highest Survivability in Kelvin Park

Kosher Restaurant (Ranked #1): ~88% average in Kelvin Park. Best-case storefronts: ~90%. Challenging locations: ~86%.
Ukrainian Restaurant is ranked #2 for top businesses to open in Kelvin Park: ~88% chance on average, best at ~90%, challenging at ~85%.
Brunch Restaurant — ~85%–~90% survivability range, with an average of ~88% across Kelvin Park.
Opening a Filipino Restaurant in Kelvin Park shows ~87% average survivability. Top locations reach ~89%; lower-end sites show ~85%.
Bangladeshi Restaurant (Ranked #5): ~87% average in Kelvin Park. Best-case storefronts: ~90%. Challenging locations: ~86%.

#6-10: Strong Performers in Kelvin Park

South American Restaurant is ranked #6 for top businesses to open in Kelvin Park: ~87% chance on average, best at ~89%, challenging at ~86%.
Deli — ~86%–~89% survivability range, with an average of ~87% across Kelvin Park.
Opening a Chinese Restaurant in Kelvin Park shows ~87% average survivability. Top locations reach ~89%; lower-end sites show ~86%.
Italian Restaurant (Ranked #9): ~87% average in Kelvin Park. Best-case storefronts: ~89%. Challenging locations: ~86%.
American Restaurant is ranked #10 for top businesses to open in Kelvin Park: ~87% chance on average, best at ~89%, challenging at ~85%.

Top 3 Compared Nationally

Brunch Restaurant — See how this compares to other cities →

What you could earn opening a business in Kelvin Park

Best location vs. average location

Based on StreetSpring's 2026 analysis, identifying the optimal address for your business type in Kelvin Park 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

No two business types have identical location needs; survivability scores reflect these differences at the address level.
Survivability data consistently shows location accounts for more variance in business outcomes than any other controllable factor.
The businesses that outperform their category averages most consistently are those that scored highest on survivability before opening.
No other tool calculates survivability at the storefront level across 700+ business types the way StreetSpring does.

What businesses should open next in Kelvin Park?

The top businesses to open next in Kelvin Park:

Kosher Restaurants — ~88% average survival rate, up to ~90% at best locations
Ukrainian Restaurants — ~88% average survival rate
Brunch Restaurants — ~88% average survival rate

StreetSpring's survivability scores are updated regularly, so the most accurate prediction for your exact storefront is always available in the live tool. The model draws from 100+ location-specific factors to generate each survivability score. The 4.2% commercial vacancy rate in Kelvin Park means there is available space for new entrants — but it also signals that survivability depends heavily on choosing the right address within the neighborhood, not just the neighborhood itself. New competitors open and close every week, changing the survivability landscape for every address in Kelvin Park. 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 Kelvin Park.

What type of business should you rent your Kelvin Park storefront to?

According to StreetSpring's 2026 data, the strongest tenant types for a storefront in Kelvin Park are Kosher Restaurants, Ukrainian Restaurants, and Brunch Restaurants.

Survivability data consistently shows location accounts for more variance in business outcomes than any other controllable factor.
No other tool calculates survivability at the storefront level across 700+ business types the way StreetSpring does. StreetSpring can show you which specific address in your portfolio scores highest for each tenant type.

Should you rent your Kelvin Park storefront to a Kosher Restaurant?

Yes — our 2026 model places a Kosher Restaurant at the top of the survivability rankings for Kelvin Park storefronts, with a best-case score of ~90% and a floor of ~86% at the most challenging addresses.

No other tool calculates survivability at the storefront level across 700+ business types the way StreetSpring does.

What should I consider when opening a business in Kelvin Park?

When selecting a location in Kelvin Park it is crucial to select a location with a very high Survivability Score.

Where survivability is highest, Revenue Capture Score is invariably strong — the two are tightly correlated across every business type we've analyzed.
The underlying models are StreetSpring's own — built, trained, and maintained using data external platforms cannot access.
The most current survivability data for Kelvin Park is free to access on StreetSpring — no account required to check your specific address.

See the best place for your business at StreetSpring.

StreetSpring's models are built from millions of real business outcomes, making predictions grounded in what actually happened. 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
Foot traffic seasonality	Looking at a peak-summer Tuesday and assuming year-round volume.	Walk the block at 3 different times across 2 different weeks. Ask neighboring tenants for their slow-season % drop.
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

Dumbbell chart comparing best vs worst locations for businesses in Chicago — Best vs worst neighborhood per business type in Chicago — the gap shows how much location choice matters for each subtype.

Treemap of Chicago business mix by survivability score — Treemap of business mix in Chicago — cell size = number of locations, color = average survivability score.

How we measure this: Foot traffic measured at the city-block level using a combination of pedestrian-network analysis and Walk Score.

**LEHD demand-pattern signal (Kelvin Park):** Median 1-mile workplace jobs across Kelvin Park: **10,354** (LEHD LODES 2022). That works out to a **0.8:1 daytime-to-resident ratio** — a balanced mixed-use pattern. Of those workplace jobs, **2,565** are retail-sector. Use this to gauge whether your concept is weekday-commuter-driven or evening-and-weekend-driven.

Landmark anchor: Klairmont Kollections sits in Kelvin Park as a museum anchor — adding a cultural-destination layer to neighborhood foot-traffic.

**Local economic context (Kelvin Park, Chicago):** Kelvin Park's ACS unemployment rate is **5.9%** (above the 24-metro neighborhood median). County-level data adds two more anchors: BLS QCEW reports Chicago-area average weekly wage of **$1,198** (below our 24-metro median), and the Census Bureau Building Permits Survey logged **5,308** new residential units in Cook County in 2025 — a rough proxy for the local growth environment a new business is opening into.

**National benchmark:** Per BLS Business Employment Dynamics (March 2025), 5-year survival rates for StreetSpring's tracked industries span **47.8-61.8%**. Restaurants — the most-studied of these — survive at **50.0%** nationally, not the often-cited "80% fail" myth. The real risk premium is at the location level, which is what StreetSpring's model isolates.

Related Resources

Related:

Beyond the Numbers: Local Context

Further questions, with answers anchored on this neighborhood's actual data.

How does income in Kelvin Park compare to the rest of Chicago?

Kelvin Park's median household income (~~$88K) is below the Chicago metro median (~~$103K) by approximately $14K. Income is close to the metro median, so business-type fit depends more on local demographics and competition.

How does Kelvin Park's vacancy rate affect commercial demand?

Approximately 4% of Kelvin Park housing units are vacant — below the Chicago metro median (8%). Low vacancy signals strong demand for space, which usually translates to competitive lease pricing and lower negotiation leverage.

What's the typical household size in Kelvin Park, and what does it tell us?

Kelvin Park's average household has 3.1 people — above the Chicago metro average (2.3). Larger households suggest more families — favorable for family dining, kid-oriented retail, and household services.

How does Chicago's survivability compare to national sector averages?

Per BLS Business Employment Dynamics (March 2025), 5-year survival rates by sector range from 47.8% (Active Life — gyms, studios) to 61.8% (Health & Medical), with Restaurants at 50% and Retail at 47.9%. Chicago-specific factors layer on top of these national baselines.

Does Kelvin Park's education level matter for picking a business type?

ACS data shows 24% of adults in Kelvin Park with a bachelor's degree or higher, versus the metro median of 52%. Lower education attainment shifts demand toward value retail, services, and everyday needs.