Survivability Rankings for Hungarian Restaurant in Chicago
StreetSpring's 2026 analysis ranks the best and worst neighborhoods in Chicago to open a Hungarian Restaurant, from Palmer Square (83% survival) to Mary...
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 Hungarian Restaurant
- Neighborhoods at or above 70%: 16 of 99 analyzed
- City-wide average: 65% for Hungarian Restaurants
- Most challenging area: Marynook at 51%
- Revenue advantage (top vs. avg location): ~78.4% more expected revenue in Palmer Square
- Data freshness: 2026 data · Full methodology →
Table of Contents
- Summary
- 10 Best Neighborhoods
- Where Would a Hungarian Restaurant Make the Most Money?
- What Should I Consider?
- Where Should I Start?
- FAQ: Best Neighborhoods
- FAQ: Can a Hungarian Restaurant Succeed in Lower-Ranked Areas?
- FAQ: How Often Are Rankings Updated?
- FAQ: Is a Hungarian Restaurant a Good Tenant?
- Landlord Survivability Data
- Best Neighborhoods for Any Business
Summary
Palmer Square leads Chicago's 2026 survivability rankings for Hungarian 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 averages are directional, not definitive; the best decision comes from analyzing your specific storefront.
What Are the 10 Best Neighborhoods in and Around Chicago to Open a Hungarian Restaurant?
Palmer Square ranks #1 of 99 neighborhoods analyzed in and around Chicago for Hungarian 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% | 82.0% to 84.0% | 62.0% to 63.0% |
| 4 | Sheffield Neighbors | 83.1% | 78.0% to 83.0% | 82.0% to 84.0% | 71.0% to 73.0% |
| 5 | Belmont Gardens | 83.1% | 75.0% to 80.0% | 82.0% to 84.0% | 66.0% to 67.0% |
| 6 | Avondale | 83.1% | 75.0% to 80.0% | 82.0% to 84.0% | 55.0% to 57.0% |
| 7 | West Town | 83.1% | 74.0% to 79.0% | 82.0% to 84.0% | 53.0% to 55.0% |
| 8 | University Village/Little Italy | 83.1% | 71.0% to 75.0% | 82.0% to 84.0% | 52.0% to 53.0% |
| 9 | Hermosa | 83.1% | 70.0% to 75.0% | 82.0% to 84.0% | 49.0% to 51.0% |
| 10 | Park West | 83.1% | 69.0% to 73.0% | 82.0% to 84.0% | 53.0% to 55.0% |
Location-level factors like visibility and adjacent tenants can override neighborhood-level trends. Because local conditions evolve weekly, the live survivability tool offers a more current snapshot than any published ranking.
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 Hungarian Restaurant Make the Most Money?
In Palmer Square, the best possible location offers the opportunity of making ~78.4% more than the average location in or around Chicago.
On the other hand, in Marynook, the worst possible location could result in making ~60.2% less than the average location in the city.
Your choice of location is one of the few business decisions you can test against data before you commit. Opening a Hungarian Restaurant in Chicago requires careful location choice. Across 99 neighborhoods analyzed, the overall average survival chance for a new Hungarian Restaurant is 65% 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.
What Should I Consider When Opening a Hungarian Restaurant in or Around Chicago?
When selecting a location for a Hungarian Restaurant in or around Chicago, it is crucial to select a location with a very high Survivability Score. No other single metric predicts business longevity as reliably as Revenue Capture Score. 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. Some competition is beneficial to attract customers with similar intents to the same area. Our proprietary models incorporate data sources not available through any public platform. 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. Static rankings provide a useful baseline, but the live tool captures changes that have occurred since publication.
Where in or Around Chicago Should I Start a Hungarian Restaurant?
StreetSpring's analysis shows the best areas are Palmer Square, Logan Square, and Boulevard District, while the most challenging neighborhoods would be Marynook, Scottsdale, and West Woodlawn. Our data shows that roughly 15% of top-performing locations sit in neighborhoods ranked below the city median. Our live tool reflects the latest competitive landscape: these static rankings may already be slightly out of date.
Related Articles:
- Business Survivability Rankings: Chicago
- Neighborhood Survivability Rankings: Chicago
- National City Survivability: Hungarian Restaurant
- National Neighborhood Survivability: Hungarian Restaurant
What Are the Best Neighborhoods in Chicago to Open a Hungarian Restaurant?
Based on StreetSpring's 2026 analysis, the top neighborhood for a Hungarian 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.
Neighborhood rankings are useful, but the exact odds for your location can only be seen by running a current survivability check in StreetSpring.
Can a Hungarian 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. 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.
How Often Are Hungarian 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 Hungarian Restaurant a Good Tenant for Chicago Landlords?
In Palmer Square, StreetSpring forecasts a 80.0% to 84.0% average chance for a new Hungarian 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 Hungarian Restaurant in Chicago
Reducing vacancy starts with choosing tenants whose business type matches the neighborhood's strengths. For Hungarian Restaurant tenants, Palmer Square provides the best survivability conditions (80.0% to 84.0%). Logan Square and Boulevard District also show viable averages at 77.0% to 82.0% and 76.0% to 80.0% respectively. You can see the Survivability Score for your location for any business right now.
With StreetSpring, you can see the precise probability of success for countless business models at any exact location.
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 Hungarian Restaurant compares to all other business types in Chicago
- Best Cities to Open a Hungarian Restaurant in the US: National city-level survivability rankings for Hungarian 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.