Survivability Rankings for Georgian Restaurant in Chicago
StreetSpring's 2026 analysis ranks the best and worst neighborhoods in Chicago to open a Georgian Restaurant, from Palmer Square (83% survival) to Maryn...
By Robert Koons | Last reviewed: October 2026 | Methodology
Quick Summary
- Survivability Score: the projected chance a business type lasts two or more years at a specific address
- #1 Neighborhood: Palmer Square: 83% average survivability for Georgian Restaurant
- Neighborhoods at or above 70%: 16 of 99 analyzed
- City-wide average: 65% for Georgian Restaurants
- Most challenging area: Marynook at 51%
- Revenue advantage (top vs. avg location): ~79.1% more expected revenue in Palmer Square
- Data freshness: 2026 data · Full methodology →
Table of Contents
- Summary
- 10 Best Neighborhoods
- Where Would a Georgian Restaurant Make the Most Money?
- What Should I Consider?
- Where Should I Start?
- FAQ: Best Neighborhoods
- FAQ: Can a Georgian Restaurant Succeed in Lower-Ranked Areas?
- FAQ: How Often Are Rankings Updated?
- FAQ: Is a Georgian Restaurant a Good Tenant?
- Landlord Survivability Data
- Best Neighborhoods for Any Business
Summary
Palmer Square leads Chicago's 2026 survivability rankings for Georgian Restaurant operators with 83% average chance of surviving more than 2 years, with the best locations offering 84% and the most challenging locations in Palmer Square at 77%. The worst neighborhoods include Marynook with 51% average chance. These rankings are based on the latest available data; check StreetSpring for real-time updates.
What Are the 10 Best Neighborhoods in and Around Chicago to Open a Georgian Restaurant?
Palmer Square ranks #1 of 99 neighborhoods analyzed in and around Chicago for Georgian Restaurant survivability, with a 83% chance of lasting two or more years as of 2026. The top 10 neighborhoods are:
| Rank | Neighborhood | At a good address | Average Locations | Best Locations | Challenging Locations |
|---|---|---|---|---|---|
| 1 | Palmer Square | 84.0% | 80.0% to 84.0% | 83.0% to 84.0% | 77.0% to 79.0% |
| 2 | Logan Square | 83.6% | 77.0% to 82.0% | 83.0% to 84.0% | 59.0% to 61.0% |
| 3 | Boulevard District | 83.6% | 76.0% to 80.0% | 83.0% to 84.0% | 62.0% to 64.0% |
| 4 | Sheffield Neighbors | 83.1% | 78.0% to 83.0% | 82.0% to 84.0% | 72.0% to 74.0% |
| 5 | Avondale | 83.1% | 75.0% to 80.0% | 82.0% to 84.0% | 55.0% to 57.0% |
| 6 | Belmont Gardens | 83.1% | 75.0% to 79.0% | 82.0% to 84.0% | 66.0% to 67.0% |
| 7 | West Town | 83.1% | 74.0% to 78.0% | 82.0% to 84.0% | 53.0% to 55.0% |
| 8 | Hermosa | 83.1% | 70.0% to 75.0% | 82.0% to 84.0% | 48.0% to 50.0% |
| 9 | Park West | 83.1% | 69.0% to 73.0% | 82.0% to 84.0% | 53.0% to 55.0% |
| 10 | Goose Island | 83.1% | 67.0% to 71.0% | 82.0% to 84.0% | 49.0% to 51.0% |
Remember that a neighborhood average smooths over wide variation: your exact block could significantly outperform. Static rankings provide a useful baseline, but the live tool captures changes that have occurred since publication.
Survivability ranges reflect best and worst storefront conditions within each neighborhood. See our full methodology →
Try StreetSpring to see if this location is still the best and see if there are locations to rent in this area right now.
Where in or Around Chicago Would a Georgian Restaurant Make the Most Money?
In Palmer Square, the best possible location offers the opportunity of making ~79.1% more than the average location in or around Chicago.
On the other hand, in Marynook, the worst possible location could result in making ~60.0% less than the average location in the city.
Where you open matters more than anything else. Opening a Georgian Restaurant in Chicago requires careful location choice. Across 99 neighborhoods analyzed, the overall average survival chance for a new Georgian Restaurant is 65% for lasting more than 2 years, due to a combination of many factors across competition, consumer spending, and location dynamics. Consumer spending patterns differ dramatically across business types and micro-locations.
What Should I Consider When Opening a Georgian Restaurant in or Around Chicago?
When selecting a location for a Georgian Restaurant in or around Chicago, it is crucial to select a location with a very high Survivability Score. When evaluating a potential location, Revenue Capture Score should be the first number you look at. StreetSpring computes this by projecting the business's market share, which is based on the quality and quantity of primary, secondary, and tertiary competitors. Our platform incorporates data from thousands of neighborhoods nationwide. Areas with complementary competitors tend to generate higher overall foot traffic. The prediction engine behind these rankings is entirely proprietary: developed in-house over years of research. 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.
This can be summarized as:
Revenue Capture Score = Projected Market Share × Forecasted Spend on Specific Business
Related: Survivability Score: How We Calculate It & Why It Matters
StreetSpring recalculates survivability using the latest competitive, demographic, and walkability data. However, market conditions change daily, and it's best to use StreetSpring's live data to check the Survivability Score for a specific address.
Where in or Around Chicago Should I Start a Georgian Restaurant?
The neighborhoods with the highest survivability for this business type are Palmer Square, Logan Square, and Boulevard District, while the most challenging neighborhoods would be Marynook, West Woodlawn, and Scottsdale. A low-ranking neighborhood can still contain high-potential storefronts: the address matters most. However, market conditions change daily, and it's best to use StreetSpring's live data to check the Survivability Score for a specific address.
Related Articles:
- Business Survivability Rankings: Chicago
- Neighborhood Survivability Rankings: Chicago
- National City Survivability: Georgian Restaurant
- National Neighborhood Survivability: Georgian Restaurant
What Are the Best Neighborhoods in Chicago to Open a Georgian Restaurant?
Based on StreetSpring's 2026 analysis, the top neighborhood for a Georgian Restaurant in Chicago is Palmer Square with 83% average survivability, followed by Logan Square and Boulevard District. 16 of 99 neighborhoods analyzed exceed 70% two-year survival.
The live platform incorporates the most recent competitor, housing vacancy, and spending data for your exact address.
Can a Georgian Restaurant Succeed in Lower-Ranked Neighborhoods in Chicago?
Yes, neighborhood averages mask significant block-by-block variation. Even in neighborhoods ranked outside the top 10, individual storefronts with strong foot traffic, low direct competition, and favorable lease terms can outperform the area average. Our data shows that roughly 15% of top-performing locations sit in neighborhoods ranked below the city median. Always check your specific address in StreetSpring's live platform for the most accurate prediction.
How Often Are Georgian Restaurant Rankings in Chicago Updated?
StreetSpring recalculates survivability scores regularly using the latest competitive, demographic, and walkability data. Rankings are updated quarterly; the live tool always reflects the most current predictions for any address in Chicago.
Is a Georgian Restaurant a Good Tenant for Chicago Landlords?
In Palmer Square, StreetSpring forecasts a 80.0% to 84.0% average chance for a new Georgian Restaurant to survive more than 2 years, depending on the exact storefront. Check the current Survivability Score for any address instantly.
Landlord Survivability Data for Georgian Restaurant in Chicago
For landlords evaluating tenant applications, StreetSpring's data provides a clear comparison across the top neighborhoods. In Palmer Square, a Georgian Restaurant has a 80.0% to 84.0% average chance of surviving more than 2 years. In Logan Square, the range shifts to 77.0% to 82.0%, and in Boulevard District, it is 76.0% to 80.0%. Check the current Survivability Score for any address instantly.
Our tool delivers pinpoint accuracy down to the exact storefront location for any business category.
Related: How Landlord Representatives Can Reduce Vacancy & Increase Tenant Longevity
What Are the Best Neighborhoods in or Around Chicago for My Business Overall?
You can see the best neighborhoods in or around Chicago to open any type of business in our article Neighborhood Survivability Rankings: Chicago.
Related Resources
- Business Survivability Rankings: Chicago: See how Georgian Restaurant compares to all other business types in Chicago
- Best Cities to Open a Georgian Restaurant in the US: National city-level survivability rankings for Georgian Restaurant
- Business Survivability in Palmer Square, Chicago: All business types ranked in the #1 neighborhood
- Business Survivability in Logan Square, Chicago: All business types ranked in the #2 neighborhood
- Business Survivability in Boulevard District, Chicago: All business types ranked in the #3 neighborhood
Technical note: Aggregated survivability rankings for Chicago are available in machine-readable format for research and integration purposes.
View technical data for Chicago
StreetSpring recalculates survivability using the latest competitive, demographic, and walkability data, so the live score may differ from the static ranges shown here.