What is the best neighborhood in Chicago to open a Georgian Restaurant?

Based on StreetSpring's 2026 analysis, the best neighborhood in Chicago to open a Georgian Restaurant is Kennedy Park, with 93% average survivability. 86 of 86 neighborhoods analyzed exceed the 70% two-year survival threshold.

How much more revenue can a Georgian Restaurant make in the best vs. average Chicago neighborhood?

In Kennedy Park, the best possible Georgian Restaurant location in Chicago offers approximately 5.4% more expected revenue than the average location. The worst-performing neighborhoods could yield approximately 8.1% less than average.

What is the city-wide average survivability for Georgian Restaurant in Chicago?

The city-wide average survivability for Georgian Restaurant across Chicago is 88% for surviving more than 2 years. Top neighborhoods like Kennedy Park substantially outperform this average, reaching 93%.

What are the worst neighborhoods for Georgian Restaurant in Chicago?

The most challenging neighborhoods in Chicago for Georgian Restaurant include Irving Woods with 81% average survival chance, Downtown, and Chicago Lawn. Neighborhood averages mask significant block-by-block variation — always check your specific address.

What should I consider when opening a Georgian Restaurant in Chicago?

The most important factor for a business's success is the Revenue Capture Score for the business at the location it selects. StreetSpring computes Revenue Capture Score by projecting the business's market share based on competitor quality and quantity, mobility patterns, and forecasted consumer spending for the specific business type.

How accurate are StreetSpring's Georgian Restaurant survivability predictions?

StreetSpring's models achieve 95–99% accuracy across business types, analyzing 100+ factors with a ±3% margin of error. StreetSpring provides address-specific survivability predictions for over 700 business types.

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 Kennedy Park (93% survival) to Irving...

April 24, 2026•16 min read

By Bobby Koons | Last reviewed by Bobby Koons on May 2, 2026 | Methodology

Quick Summary

#1 Neighborhood: Kennedy Park — 93% average survivability for Georgian Restaurant

Neighborhoods at or above 70%: 86 of 86 analyzed

City-wide average: 88% for Georgian Restaurants

Most challenging area: Irving Woods at 81%

Revenue advantage (top vs. avg location): ~5.4% more expected revenue in Kennedy Park

Data freshness: 2026 data · Full methodology →

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

StreetSpring's 2026 analysis shows the best neighborhood in and around Chicago to open a Georgian Restaurant is Kennedy Park with 93% average chance of surviving more than 2 years, with the best locations offering 96% and the most challenging locations in Kennedy Park at 84%. The worst neighborhoods include Irving Woods with 81% average chance. Neighborhood averages mask significant block-by-block variation — always check your specific address.

Which Chicago Neighborhoods Are Strongest for Georgian Restaurants?

**Comparable neighborhoods nationally:** Kennedy Park resembles **Chicago Midway Airport (Chicago)** and **Rosemont East (Baltimore)** most closely — all three carry blue-collar job mix, low destination density, and low vacancy. Operators evaluating Kennedy Park for Georgian Restaurants can read those peer neighborhoods as parallel signal.

**What goes wrong for Georgian Restaurants in Chicago.** 86 tracked neighborhoods, scores spanning **81% to 93%** (average 88%). **Kennedy Park** leads at 93% (no existing competitors in our index); **Irving Woods** anchors the bottom at 81%. The 12-point spread is the dominant failure mode: choosing the wrong Chicago neighborhood costs more upside than any operational tweak can recover.

Kennedy Park ranks #1 of 86 neighborhoods analyzed in and around Chicago for Georgian Restaurant survivability with a score of 93% as of 2026. The top 10 neighborhoods are:

Where the rankings might surprise you

Rank	Neighborhood	Best Locations	Average Locations	Challenging Locations
1	Kennedy Park	93.0% – 97.0%	91.6% – 95.0%	83.0% – 87.0%
2	Main-Chicago	94.0% – 97.0%	91.3% – 94.7%	88.0% – 92.0%
3	Southwest	94.0% – 97.0%	90.8% – 94.2%	70.0% – 74.0%
4	Rogers Park	94.0% – 97.0%	90.7% – 94.1%	69.0% – 73.0%
5	Roseland	95.0% – 97.0%	90.6% – 94.0%	74.0% – 78.0%
6	Morgan Park	95.0% – 97.0%	90.6% – 93.9%	71.0% – 75.0%
7	Kenwood	93.0% – 97.0%	90.2% – 93.6%	86.0% – 90.0%
8	West Village	92.0% – 96.0%	89.6% – 93.0%	70.0% – 74.0%
9	River North	93.0% – 97.0%	89.6% – 92.9%	86.0% – 90.0%
10	Margate Park	92.0% – 96.0%	89.3% – 92.7%	86.0% – 90.0%

The data signals behind these scores

A low-ranking neighborhood can still contain high-potential storefronts — the address matters most. Real-time data from StreetSpring accounts for recent openings, closures, and seasonal shifts that static rankings cannot.

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.

Chicago's Best-Earning Neighborhoods for Georgian Restaurants

In Kennedy Park, the best possible location offers the opportunity of making ~5.4% more than the average location in or around Chicago.

On the other hand, in Irving Woods, the worst possible location could result in making ~8.1% less than the average location in the city.

Our data consistently shows that location accounts for more variance in outcomes than any other single factor. Opening a Georgian Restaurant in Chicago requires careful location choice. Across 86 neighborhoods analyzed, the overall average survival chance for a new Georgian Restaurant is 88% for lasting more than 2 years — due to a combination of many factors across competition, consumer spending, and location dynamics. Two businesses on the same block can have very different survivability scores depending on their category.

Key Considerations Before Opening a Georgian Restaurant in Chicago

Location quality is the dominant factor in survival outcomes. A high Survivability Score isn't a nice-to-have — it's the floor every candidate address must clear. The most important factor for a business's success is the Revenue Capture Score for the business at the location it selects. StreetSpring computes this by projecting the business's market share, which is based on the quality and quantity of primary, secondary, and tertiary competitors. StreetSpring has analyzed hundreds of thousands of business outcomes across major US metros. Areas with complementary competitors tend to generate higher overall foot traffic. StreetSpring leverages exclusive data sources and custom models for these projections.

Area to check	What can go wrong	How to de-risk it
Outdoor seating / sidewalk use	Signing assuming you can add patio seating, then learning the city requires a separate sidewalk-cafe permit with long lead times.	Check the city's sidewalk-cafe permit process up front. Confirm landlord allows outdoor build-out in the lease language.
Competitor density	Counting only direct competitors and missing adjacent-category overlap (e.g. coffee shop near a bakery).	Map all businesses serving overlapping customer needs within a 5-min walk. Use StreetSpring's competitor view as a starting point.
Permits & licensing	Assuming a 30-day permit timeline, hitting 90+ days, paying rent on a non-operating storefront.	Call the local zoning office before signing. Confirm your use is already permitted; if not, factor a 2-3 month variance timeline.

This can be summarized as:

Revenue Capture Score = Projected Market Share × Forecasted Spend on Specific Business

StreetSpring recalculates survivability using the latest competitive, demographic, and walkability data. New competitor openings and closures happen weekly — the live tool ensures you see the latest picture.

Where to Launch a Georgian Restaurant in or Around Chicago

The neighborhoods with the highest survivability for this business type are Kennedy Park, Main-Chicago, and Southwest, while the most challenging neighborhoods would be Irving Woods, Downtown, and Chicago Lawn. Location-level factors like visibility and adjacent tenants can override neighborhood-level trends. Real-time data from StreetSpring accounts for recent openings, closures, and seasonal shifts that static rankings cannot.

Related Articles:

Top-Survivability Chicago Neighborhoods for Georgian Restaurants

Based on StreetSpring's 2026 analysis, the top neighborhood for a Georgian Restaurant in Chicago is Kennedy Park with 93% average survivability, followed by Main-Chicago and Southwest. 86 of 86 neighborhoods analyzed exceed 70% two-year survival.

StreetSpring refreshes survivability data continuously — check the tool for the most current score at any address.

Should You Consider Lower-Survivability Areas of Chicago for a Georgian Restaurant?

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. For the most current predictions, visit StreetSpring to analyze your specific location in real-time. Always check your specific address in StreetSpring's live platform for the most accurate prediction.

Refresh Cadence for Chicago Georgian Restaurant Survivability Rankings

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 Kennedy Park, StreetSpring forecasts a 91.6% – 95.0% 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

The data tells a clear story for Georgian Restaurant tenants across Chicago's top neighborhoods. Kennedy Park leads with 91.6% – 95.0% average survivability, with best-case storefronts reaching 93.0% – 97.0%. Main-Chicago averages 91.3% – 94.7%, and Southwest comes in at 90.8% – 94.2%. Our tool shows the survivability outlook for any business type at your exact address, updated weekly.

StreetSpring can give you the precise likelihood that hundreds of different businesses will last at an exact address.

Where Georgian Restaurants Thrive in Chicago

You can see the best neighborhoods in or around Chicago to open any type of business in our article Neighborhood Survivability Rankings: Chicago.

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.

Visual Data

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. Find Georgian Restaurant relative to its peers.

Waterfall chart of best and worst Georgian Restaurant neighborhoods in Chicago — Top and bottom neighborhoods for Georgian Restaurant in Chicago — each step shows the gap from the city average. Wider spread = location matters more.

Headline survivability statistic for Georgian Restaurant in Chicago — Headline survivability stat for Georgian Restaurant in Chicago.

How we measure this: We compare each address to the ~30-50 most similar addresses within 1 mile to surface its relative ranking.

**About Chicago** — Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. ([Wikipedia](https://en.wikipedia.org/wiki/Chicago))

**Daytime-worker density across Chicago:** Per US Census LEHD LODES, the median Chicago neighborhood has a **0.74:1 daytime-to-resident ratio** (75th-percentile = 2.07, across **150** tracked neighborhoods) — a primarily-residential commercial-corridor profile. The right neighborhood pick for any subtype depends on whether the business model fits the worker-traffic or resident-traffic side of that distribution.

**Cost framing for Chicago:** Four operating-cost lines tilt this city high vs StreetSpring's 24-metro median — commercial electricity **6.7¢/kWh** (below median 10.8¢), state minimum wage **$15.00/hr** (below 15.00), combined sales tax **8.8%** (above 7.7%), and effective commercial property tax **2.27%** (above 0.96%). Sources: EIA Form 861, US DOL, Tax Foundation 2024.

**How we benchmark:** BLS Business Employment Dynamics, March 2025 release reports **50.0% 5-year survival** for Georgian Restaurants nationally. StreetSpring's Chicago model — which incorporates competitive density, traffic patterns, and rent dynamics — produces an average **survivability score of 85%** for Georgian Restaurants across the city.

Same business type in other cities:

Related:

Survivability Rankings for Acupuncture Clinic in Atlanta

Local Data Questions

Local-context questions, answered with neighborhood-specific numbers.

Where in the US do Georgian Restaurants survive best?

The three highest-scoring metros for Georgian Restaurants are Portland, San Antonio, St. Louis (StreetSpring 2026 corpus). Chicago sits at #20 with a 85% average survivability score.

What's the broader economic environment in Chicago?

Broader metro: ~94% employment rate, ~$103K median income per ACS. Georgian Restaurants survivability in Chicago averages 85%, with the model layering business-specific and site-specific factors on top.

Where does Chicago fall in national rankings for Georgian Restaurants?

Across 24 US metros, Chicago sits at rank #20 for Georgian Restaurants, averaging 85% on StreetSpring's survivability scale. National range: 84-89%.

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