Survivability Rankings for Liquor Store in Chicago
StreetSpring's 2026 ranking of Chicago neighborhoods to open a Liquor Store, at a good address, from Palmer Square (85.0% survival) to Kennedy Park.
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: 85.0% at a good address, 84.2% at a typical address for Liquor Store (3 ranked neighborhoods share the 85.0% good-address figure)
- Neighborhoods at or above 70% at a typical address: 47 of 99 ranked
- Average across the 99 ranked neighborhoods (typical address): 68.6% for Liquor Stores
- Most challenging area: Kennedy Park: 53.5% at a good address, 51.1% at a typical address
- Revenue Capture Score: the most important factor in choosing a location, StreetSpring's proprietary estimate of the revenue a business can capture at a specific address
- Data freshness: 2026 data · Full methodology →
Table of Contents
- Summary
- 10 Best Neighborhoods
- Where Would a Liquor Store Make the Most Money?
- What Should I Consider?
- Where Should I Start?
- FAQ: Best Neighborhoods
- FAQ: Can a Liquor Store Succeed in Lower-Ranked Areas?
- FAQ: How Often Are Rankings Updated?
- FAQ: Is a Liquor Store 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 Liquor Store is Palmer Square, with a projected chance of lasting two or more years of 85.0% at a good address and 84.2% at a typical address (3 ranked neighborhoods share the 85.0% good-address figure). Its highest scored address is at 85.0% and its lowest at 77.8%. The last-ranked neighborhood is Kennedy Park, at 53.5% at a good address and 51.1% at a typical address. Even neighborhoods with modest average scores can harbor exceptional individual locations.
What Are the 10 Best Neighborhoods in and Around Chicago to Open a Liquor Store?
Palmer Square ranks #1 of the 99 ranked neighborhoods in and around Chicago for Liquor Store survivability, with a projected chance of lasting two or more years of 85.0% at a good address as of 2026. The top 10 neighborhoods are:
| Rank | Neighborhood | Metro | At a good address | Average (typical address) | Best Locations | Challenging Locations |
|---|---|---|---|---|---|---|
| 1 | Palmer Square | Chicago | 85.0% | 84.2% | 85.0% | 77.8% |
| 2 | Logan Square | Chicago | 85.0% | 81.5% | 85.0% | 68.8% |
| 3 | Irving Park | Chicago | 85.0% | 79.9% | 85.0% | 69.2% |
| 4 | Belmont Gardens | Chicago | 84.8% | 80.7% | 85.0% | 67.4% |
| 5 | Roscoe Village | Chicago | 84.6% | 81.6% | 85.0% | 76.4% |
| 6 | Avondale | Chicago | 84.6% | 81.3% | 84.6% | 70.2% |
| 7 | Budlong Woods | Chicago | 84.6% | 81.1% | 84.6% | 75.6% |
| 8 | Bucktown | Chicago | 84.6% | 80.9% | 85.0% | 58.4% |
| 9 | Hermosa | Chicago | 84.6% | 80.3% | 85.0% | 65.2% |
| 10 | Lincoln Park | Chicago | 84.6% | 80.0% | 85.0% | 64.8% |
For the most current predictions, visit StreetSpring to analyze your specific location in real-time. StreetSpring refreshes survivability data continuously: check the tool for the most current score at any address.
The ranking runs on the good-address figure (the 90th percentile of the scored addresses in each neighborhood). Average is the typical address; Best and Challenging Locations are the highest and lowest scored address in the neighborhood. Every figure is the projected chance of lasting two or more years, as printed in the linked file. 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 Liquor Store Make the Most Money?
Where a Liquor Store would make the most money in or around Chicago comes down to the exact address. The Revenue Capture Score is the most important factor in choosing a location: StreetSpring's proprietary estimate of the revenue a business can capture at a specific address.
Palmer Square is ranked #1 for Liquor Store survivability, at 85.0% at a good address and 84.2% at a typical address; Kennedy Park is ranked last of the 99, at 53.5% at a good address and 51.1% at a typical address. Revenue at a specific storefront is what the Revenue Capture Score estimates, so check it for each address you are weighing.
The same business type carries a different projected chance in every ranked neighborhood of a city, so the address is worth testing before you sign. Opening a Liquor Store in Chicago requires careful location choice. Across the 99 ranked neighborhoods, the average projected chance that a new Liquor Store lasts two or more years is 68.6% at a typical address. Our models show that the optimal location profile varies dramatically from one business category to the next.
What Should I Consider When Opening a Liquor Store in or Around Chicago?
When selecting a location for a Liquor Store in or around Chicago, it is crucial to select a location with a very high Survivability Score. StreetSpring's proprietary Revenue Capture Score, the revenue a business can capture at a specific address, is the factor that matters most when choosing where to open. 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 analysis covers businesses in 24 major U.S. metros. Clustering works when it draws more customers to the area than any single business could alone. StreetSpring leverages exclusive data sources and custom models for these projections. 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. Market dynamics shift frequently; validate these insights with real-time data from StreetSpring.
Where in or Around Chicago Should I Start a Liquor Store?
StreetSpring's analysis shows the best areas are Palmer Square, Logan Square, and Irving Park, while the most challenging neighborhoods would be Kennedy Park, West Morgan Park, and West Woodlawn. However, individual locations vary widely, and even in lower-scoring neighborhoods there are pockets that perform exceptionally well. Neighborhood rankings are useful, but the exact odds for your location can only be seen by running a current survivability check in StreetSpring.
Related Articles:
- Business Survivability Rankings: Chicago
- Neighborhood Survivability Rankings: Chicago
- National City Survivability: Liquor Store
- National Neighborhood Survivability: Liquor Store
What Are the Best Neighborhoods in Chicago to Open a Liquor Store?
Based on StreetSpring's 2026 analysis, the top neighborhood for a Liquor Store in Chicago is Palmer Square, at 85.0% at a good address and 84.2% at a typical address (3 ranked neighborhoods share the 85.0% good-address figure), followed by Logan Square and Irving Park. 47 of the 99 ranked neighborhoods are at or above 70% at a typical address.
Real-time data from StreetSpring accounts for recent openings, closures, and seasonal shifts that static rankings cannot.
Can a Liquor Store 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. Remember that a neighborhood average smooths over wide variation: your exact block could significantly outperform. Always check your specific address in StreetSpring's live platform for the most accurate prediction.
How Often Are Liquor Store 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 Liquor Store a Good Tenant for Chicago Landlords?
In Palmer Square, the projected chance that a new Liquor Store lasts two or more years is 84.2% at a typical address and 85.0% at a good address, depending on the exact storefront. Check the current Survivability Score for any address instantly.
Landlord Survivability Data for Liquor Store in Chicago
For landlords evaluating tenant applications, StreetSpring's data provides a clear comparison across the top neighborhoods. In Palmer Square, a Liquor Store has a projected chance of lasting two or more years of 84.2% at a typical address. In Logan Square, it is 81.5% at a typical address, and in Irving Park, 79.9% at a typical address. See which business types are most likely to succeed at your property address right now.
Our models produce survivability scores at the individual address level, not just neighborhood averages.
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 Liquor Store compares to all other business types in Chicago
- Best Cities to Open a Liquor Store in the US: National city-level survivability rankings for Liquor Store
- 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 Irving Park, 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 figures shown here.