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

Based on StreetSpring's 2026 analysis, the best neighborhood in Chicago to open a Greek 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 Greek Restaurant make in the best vs. average Chicago neighborhood?

In Kennedy Park, the best possible Greek 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 Greek Restaurant in Chicago?

The city-wide average survivability for Greek 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 Greek Restaurant in Chicago?

The most challenging neighborhoods in Chicago for Greek Restaurant include Irving Woods with 81% average survival chance, Downtown, and Chicago Lawn. Even neighborhoods with modest average scores can harbor exceptional individual locations.

How accurate are StreetSpring's Greek Restaurant survivability predictions?

StreetSpring's models achieve 95–99% accuracy across business types, analyzing 100+ factors with a ±3% margin of error. Each prediction is calibrated to the specific address, factoring in foot traffic, competition, and consumer spending at that exact location.

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

When evaluating a potential location, Revenue Capture Score should be the first number you look at. 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.

Survivability Rankings for Greek Restaurant in Chicago

StreetSpring's 2026 analysis ranks the best and worst neighborhoods in Chicago to open a Greek Restaurant, from Kennedy Park (93% survival) to Irving Wo...

April 24, 2026•17 min read

By Bobby Koons | Last reviewed: April 29, 2026 | Updated weekly | Methodology

Quick Summary

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

Neighborhoods at or above 70%: 86 of 86 analyzed

City-wide average: 88% for Greek 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 Greek Restaurant Make the Most Money?
What Should I Consider?
Where Should I Start?
FAQ: Best Neighborhoods
FAQ: Can a Greek Restaurant Succeed in Lower-Ranked Areas?
FAQ: How Often Are Rankings Updated?
FAQ: Is a Greek Restaurant a Good Tenant?
Landlord Survivability Data
Best Neighborhoods for Any Business

Summary

Of all the neighborhoods in and around Chicago, Kennedy Park ranks #1 for opening a Greek Restaurant 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. Market conditions are changing daily, and it is best to use StreetSpring's most up-to-date data.

Where Greek Restaurants Thrive in Chicago

**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 Greek Restaurants can read those peer neighborhoods as parallel signal.

**What goes wrong for Greek 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 Greek Restaurant survivability with a score of 93% as of 2026. The top 10 neighborhoods are:

How to use this list when you tour locations

Rank	Neighborhood	Best Locations	Average Locations	Challenging Locations
1	Kennedy Park	93.0% – 97.0%	91.4% – 94.4%	83.0% – 87.0%
2	Main-Chicago	94.0% – 97.0%	91.2% – 94.2%	88.0% – 92.0%
3	Southwest	94.0% – 97.0%	90.7% – 93.7%	70.0% – 74.0%
4	Rogers Park	94.0% – 97.0%	90.6% – 93.6%	69.0% – 73.0%
5	Roseland	95.0% – 97.0%	90.4% – 93.4%	74.0% – 78.0%
6	Morgan Park	95.0% – 97.0%	90.4% – 93.4%	71.0% – 75.0%
7	Kenwood	93.0% – 97.0%	90.1% – 93.1%	86.0% – 90.0%
8	West Village	92.0% – 96.0%	89.4% – 92.4%	70.0% – 74.0%
9	River North	93.0% – 97.0%	89.4% – 92.4%	86.0% – 90.0%
10	Margate Park	92.0% – 96.0%	89.2% – 92.2%	86.0% – 90.0%

What separates the top neighborhoods from the rest

Remember that a neighborhood average smooths over wide variation — your exact block could significantly outperform. StreetSpring refreshes survivability data continuously — check the tool for the most current score at any address.

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 Greek Restaurant Make the Most Money?

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.

No amount of marketing or capital can compensate for a poorly chosen location. Opening a Greek Restaurant in Chicago requires careful location choice. Across 86 neighborhoods analyzed, the overall average survival chance for a new Greek Restaurant is 88% for lasting more than 2 years — due to a combination of many factors across competition, consumer spending, and location dynamics. Each business category has unique customer behavior patterns that vary significantly by address.

The Most Important Factors for a Greek Restaurant in Chicago

The right address sets the ceiling on every other variable. Filtering candidate locations by Survivability Score first protects against the most common cause of business failure. 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. StreetSpring measures competition through a 30-factor framework. Our data shows that businesses in moderately competitive clusters survive longer than isolated storefronts on average. StreetSpring's predictions leverage proprietary datasets covering competition, spending, and mobility.

Factor	Where new owners get tripped up	Questions to ask before you sign
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.
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.
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.

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. Our live tool reflects the latest competitive landscape — these static rankings may already be slightly out of date.

Which Chicago Block Is Right for a Greek Restaurant?

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. However, individual locations vary widely, and even in lower-scoring neighborhoods there are pockets that perform exceptionally well. Static rankings provide a useful baseline, but the live tool captures changes that have occurred since publication.

Related Articles:

What Are the Best Neighborhoods in Chicago to Open a Greek Restaurant?

Based on StreetSpring's 2026 analysis, the top neighborhood for a Greek 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.

New competitor openings and closures happen weekly — the live tool ensures you see the latest picture.

Are Bottom-Tier Chicago Neighborhoods a No-Go for Greek Restaurants?

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 Greek 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.

What Makes a Greek Restaurant a Strong (or Weak) Chicago Tenant?

In Kennedy Park, StreetSpring forecasts a 91.4% – 94.4% average chance for a new Greek 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 Greek Restaurant in Chicago

If you own commercial property in Chicago and are considering a Greek Restaurant tenant, here is what the data shows: Kennedy Park properties offer the best survivability outlook (91.4% – 94.4%), Main-Chicago is strong but slightly lower (91.2% – 94.2%), and Southwest rounds out the top 3 (90.7% – 93.7%). You can see the Survivability Score for your location for any business right now.

Our tool delivers pinpoint accuracy down to the exact storefront location for any business category.

Where in Chicago Should You Open a Greek Restaurant?

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

Dumbbell chart comparing best vs worst locations for businesses in chicago — Best vs worst neighborhood per business type — the gap shows how much location choice matters within a city.

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 Greek Restaurant relative to its peers.

How we measure this: Shorter leases compress survival horizons. We assume a 5-year base term unless listing data overrides.

**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))

**Demand-timing signal for Chicago:** Per LEHD LODES Workplace Area Characteristics, the median daytime/resident ratio across Chicago's neighborhoods is **0.74**, with top-quartile neighborhoods at **2.07** (150 neighborhoods analyzed). That's a primarily-residential profile — the highest-ratio neighborhoods are commercial CBDs; the lowest are bedroom neighborhoods. Your concept's natural demand profile should pick the right end.

**Chicago operating-cost snapshot:** Against our 24-metro median, Chicago's commercial electricity is **6.7¢/kWh** (below 10.8¢ median), state minimum wage is **$15.00/hr** (below $15.00), combined sales tax is **8.8%** (above 7.7%), and effective commercial property tax is **2.27%** (above 0.96%). Operating-cost positioning: **expensive**.

**How we benchmark:** BLS Business Employment Dynamics, March 2025 release reports **50.0% 5-year survival** for Greek Restaurants nationally. StreetSpring's Chicago model — which incorporates competitive density, traffic patterns, and rent dynamics — produces an average **survivability score of 86%** for Greek Restaurants across the city.

Same business type in other cities:

Related:

Survivability Rankings for Acupuncture Clinic in Atlanta

Local Context FAQ

Beyond the general FAQ — data-anchored answers for this specific location.

What's the gap between the best and worst Chicago locations for a Greek Restaurant?

Across Chicago, StreetSpring's survivability score for Greek Restaurants ranges from 58% at the most challenging locations to 100% at the best — a 42-percentage-point gap that location selection alone can capture.

When does StreetSpring update Chicago Greek Restaurants rankings?

The Chicago Greek Restaurants survivability corpus refreshes quarterly. The current dataset (2026 release) reflects Chicago's ~86% average for this subtype. New competitor openings, closures, and ACS releases are integrated each refresh cycle.

Where does Chicago fall in national rankings for Greek Restaurants?

Chicago ranks #20 of 24 US metros StreetSpring tracks for Greek Restaurants survivability (average 86%). The top metro for this subtype scores 89%; the bottom scores 84%.

What 5-year survival rate does the federal government track for Greek Restaurants?

BLS data shows Greek Restaurants survive 5 years at a 50% rate nationally. In Chicago, StreetSpring's location-specific survivability score for this subtype averages 86% — above the national figure by 36 points.

What separates a Chicago Greek Restaurant that survives from one that doesn't?

Site selection is the highest-leverage decision. The 58-100% range for Greek Restaurants in Chicago (42-point spread) reflects what location alone can change — independent of brand, operations, or marketing.

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