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

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

In Kennedy Park, the best possible Spanish Restaurant location in Chicago offers approximately 5.3% more expected revenue than the average location. The worst-performing neighborhoods could yield approximately 7.7% less than average.

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

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

The most challenging neighborhoods in Chicago for Spanish Restaurant include Irving Woods with 82% average survival chance, Chicago Lawn, and Downtown. Our data shows that roughly 15% of top-performing locations sit in neighborhoods ranked below the city median.

How accurate are StreetSpring's Spanish Restaurant survivability predictions?

StreetSpring's models achieve 95–99% accuracy across business types, analyzing 100+ factors with a ±3% margin of error. StreetSpring's predictions are granular enough to distinguish between two storefronts on the same block.

Survivability Rankings for Spanish Restaurant in Chicago

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

April 24, 2026•17 min read

By Bobby Koons | Last reviewed: April 27, 2026 | New data weekly | Methodology

Quick Summary

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

Neighborhoods at or above 70%: 86 of 86 analyzed

City-wide average: 88% for Spanish Restaurants

Most challenging area: Irving Woods at 82%

Revenue advantage (top vs. avg location): ~5.3% more expected revenue in Kennedy Park

Data freshness: 2026 data · Full methodology →

Summary
10 Best Neighborhoods
Where Would a Spanish Restaurant Make the Most Money?
What Should I Consider?
Where Should I Start?
FAQ: Best Neighborhoods
FAQ: Can a Spanish Restaurant Succeed in Lower-Ranked Areas?
FAQ: How Often Are Rankings Updated?
FAQ: Is a Spanish 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 Spanish 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 82% average chance. These averages are directional, not definitive; the best decision comes from analyzing your specific storefront.

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

**Peer-neighborhood context:** Kennedy Park's neighborhood signature — captured across demographics, employment density, and amenity mix — most closely matches **Chicago Midway Airport (Chicago)** and **Rosemont East (Baltimore)**. They share blue-collar job mix, low destination density, and low vacancy, so Spanish Restaurants outcomes in those neighborhoods are a useful sanity-check on the Chicago rankings above.

**Where Spanish Restaurants fail in Chicago.** Across 86 neighborhoods, the citywide average is 88% — but neighborhood-level scores range **82% to 93%**. Top: **Kennedy Park** at 93% (no existing competitors in our index). Bottom: **Irving Woods** at 82%. The 11-point gap is the failure surface: getting the neighborhood wrong costs more than getting the address right.

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

How rent and competition shape the leaderboard

Rank	Neighborhood	Best Locations	Average Locations	Challenging Locations
1	Kennedy Park	93.0% – 97.0%	91.8% – 94.4%	83.0% – 87.0%
2	Main-Chicago	94.0% – 97.0%	91.5% – 94.2%	88.0% – 92.0%
3	Southwest	94.0% – 97.0%	91.1% – 93.7%	70.0% – 74.0%
4	Rogers Park	94.0% – 97.0%	90.9% – 93.6%	69.0% – 73.0%
5	Roseland	95.0% – 97.0%	90.8% – 93.4%	74.0% – 78.0%
6	Morgan Park	95.0% – 97.0%	90.8% – 93.4%	71.0% – 75.0%
7	Kenwood	93.0% – 97.0%	90.4% – 93.1%	86.0% – 90.0%
8	West Village	92.0% – 96.0%	89.8% – 92.4%	71.0% – 75.0%
9	River North	93.0% – 97.0%	89.8% – 92.4%	86.0% – 90.0%
10	Margate Park	92.0% – 96.0%	89.5% – 92.1%	86.0% – 90.0%

Notable runners-up worth a second look

These rankings are based on the latest available data; check StreetSpring for real-time updates. For the most accurate predictions, always check your specific address in StreetSpring's live platform.

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 Spanish Restaurants

In Kennedy Park, the best possible location offers the opportunity of making ~5.3% more than the average location in or around Chicago.

On the other hand, in Irving Woods, the worst possible location could result in making ~7.7% less than the average location in the city.

Location is the single strongest predictor of whether a business thrives or fails. Opening a Spanish Restaurant in Chicago requires careful location choice. Across 86 neighborhoods analyzed, the overall average survival chance for a new Spanish Restaurant is 88% for lasting more than 2 years — due to a combination of many factors across competition, consumer spending, and location dynamics. A high-traffic corner that works well for a coffee shop may be entirely wrong for a specialty retailer.

What to Think About When Launching a Spanish Restaurant in Chicago

There is no operational fix for a poorly chosen location. Use Survivability Score as a hard filter on candidate addresses before evaluating other factors. 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. Our platform incorporates data from thousands of neighborhoods nationwide. 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.

Area to check	What can go wrong	How to de-risk it
Lease term	Locking into 7-10 years without break clauses, then needing to relocate after year 2.	Negotiate a relocation or termination clause. Confirm assignment + sublease rights are in writing.
Permitted hours	Late-night or early-morning ops blocked by zoning, neighborhood association, or shared-wall restrictions.	Confirm the permitted hours-of-operation are in your lease AND in the local code. Pull recent variances or complaints from the zoning portal.
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. Static rankings provide a useful baseline, but the live tool captures changes that have occurred since publication.

Which Chicago Block Is Right for a Spanish Restaurant?

The strongest survivability scores belong to Kennedy Park, Main-Chicago, and Southwest, while the most challenging neighborhoods would be Irving Woods, Chicago Lawn, and Downtown. 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:

Where in Chicago Should You Open a Spanish Restaurant?

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

For the most accurate predictions, always check your specific address in StreetSpring's live platform.

Do Lower-Ranked Chicago Neighborhoods Still Work for Spanish 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. 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.

The Update Schedule for Chicago Spanish Restaurants Data

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.

Should You Rent Your Chicago Storefront to a Spanish Restaurant?

In Kennedy Park, StreetSpring forecasts a 91.8% – 94.4% average chance for a new Spanish 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 Spanish Restaurant in Chicago

For landlords evaluating tenant applications, StreetSpring's data provides a clear comparison across the top neighborhoods. In Kennedy Park, a Spanish Restaurant has a 91.8% – 94.4% average chance of surviving more than 2 years. In Main-Chicago, the range shifts to 91.5% – 94.2%, and in Southwest, it is 91.1% – 93.7%. Get a live Survivability Score for your specific storefront at no cost.

Each prediction is calibrated to the specific address, factoring in foot traffic, competition, and consumer spending at that exact location.

Which Chicago Neighborhoods Are Strongest for Spanish Restaurants?

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

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

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

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.

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.

**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**.

**BLS context:** The Bureau of Labor Statistics (BLS Business Employment Dynamics, March 2025 release) reports a **50.0% 5-year survival rate** for Spanish Restaurants nationally. StreetSpring's Chicago model — which weights site-specific factors like competitive saturation, demographics, and accessibility — produces an average **survivability score of 86%** for Spanish Restaurants across the city.

Related:

Beyond the Numbers: Local Context

More questions answered with neighborhood-specific data from our 2026 corpus.

When does StreetSpring update Chicago Spanish Restaurants rankings?

StreetSpring refreshes the Chicago Spanish Restaurants corpus quarterly. The current 2026 release shows a 86% average across Chicago; the next refresh will integrate fresh competitor and ACS data.

What's the broader economic environment in Chicago?

Broader metro: ~94% employment rate, ~$103K median income per ACS. Spanish Restaurants survivability in Chicago averages 86%, with the model layering business-specific and site-specific factors on top.

Do Spanish Restaurants need walkable locations in Chicago?

Chicago's metro median commute is 35 minutes. Accessibility is one of ~100 factors in the survivability model — Spanish Restaurants in Chicago score 86% on average, with the spread (58-100%) driven heavily by per-location accessibility differences.

Does Chicago's population profile support Spanish Restaurants?

Chicago's key demographics — ~$103K median household income, 37 median age — feed into the survivability model alongside competition, rent, and accessibility data. The model averages Spanish Restaurants at 86% across Chicago.

Table of Contents