Is Andersonville a good place to start a business?

Andersonville is ranked number 11 across neighborhoods in and around Chicago to start a business, with an average Survivability Score of ~84%. The top business types in Andersonville, when placed at their ideal addresses, achieve survivability rates ~2% above the neighborhood-wide average.

What businesses are most in demand in Andersonville?

Based on StreetSpring's 2026 survivability analysis, the most in-demand business types in Andersonville are Bangladeshi Restaurants, American Restaurants, and South American Restaurants.

How can you find the best location to open a business in Andersonville?

StreetSpring's prediction model analyzes 100 factors across competition, spending on the specific potential business, projected revenue, projected market share, Revenue Capture Score, and mobility patterns to pinpoint which blocks in Andersonville maximize success.

How much money could a business in Andersonville make?

Based on StreetSpring's 2026 analysis, selecting one of the best locations in Andersonville could lead to making ~2% more than selecting an average location, and ~4% more than one of the worst locations.

What are the best businesses to open in Andersonville?

The top businesses to open in Andersonville include Bangladeshi Restaurant with a ~90% chance on average of surviving more than 2 years, best-case locations reaching ~93%, followed by American Restaurant and South American Restaurant.

Business Survivability in Andersonville, Chicago

StreetSpring's 2026 analysis finds that the best business to open in Andersonville is a Bangladeshi Restaurant with a ~90% chance of surviving at least 2 years across the neighborhood on average.

April 24, 2026•17 min read

Quick Summary

Best business: a Bangladeshi Restaurant in Andersonville (~90% average survival rate, ~93% at best locations)

Neighborhood rank: #11 across all neighborhoods in and around Chicago

Neighborhood average: ~84% two-year survival across all business types

Rankings updated quarterly with latest market data

Detailed methodology

Last reviewed by Bobby Koons, Founder & CEO, StreetSpring — April 24, 2026

In this article:

Summary
Is Andersonville a good place to start a business?
How to find the best location
Best businesses to open
How much money could a business make?
What businesses should open next?
Frequently Asked Questions

Summary

StreetSpring's 2026 analysis finds that the best business to open in Andersonville is a Bangladeshi Restaurant with a ~90% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~93% chance; next is an American Restaurant with a ~90% chance, followed by a South American Restaurant with a ~90% chance.

Should you open a business in Andersonville?

**Comparable neighborhoods:** Among the ~2,500 neighborhoods StreetSpring scores, Andersonville's profile most resembles **North Central (Los Angeles)** and **Feasterville (Philadelphia)**. All three exhibit low destination density, high high-earner share, and few anchor tenants — operators with experience in any of those neighborhoods will see familiar patterns in Andersonville.

**Failure-mode analysis for Andersonville.** The single strongest subtype in our data is **Bangladeshi Restaurant** at 90% average survivability. But the within-neighborhood spread for Bangladeshi Restaurants runs **78% to 94%** — meaning a poorly-sited Bangladeshi Restaurant in Andersonville can score 16 points below a well-sited one. Saturation reality check: Ukrainian Restaurants are the most-competed tracked subtype here, with 0 existing competitors within a 0.5-mile radius.

In Chicago's neighborhood survivability rankings, Andersonville comes in at #11, with an average Survivability Score of ~84% across all business types.

The top business types in Andersonville, when placed at their ideal addresses, achieve survivability rates ~2% above the neighborhood-wide average.
However, those same business types at the weakest addresses in Andersonville can score considerably below average. Even the most in-demand concept in Andersonville will struggle if it opens at the wrong address.
The 97.7% employment rate in Andersonville supports consumer spending, while a 7.6% vacancy rate reflects available storefronts — both of which shape the survivability landscape for any new business here.

Employment and vacancy figures sourced from the U.S. Census Bureau American Community Survey.

How to choose a specific location in Andersonville

StreetSpring narrows the decision down to the exact address — showing which blocks in Andersonville produce the highest survivability scores for your concept. Here is the top survivability address for a Bangladeshi Restaurant in Andersonville, per StreetSpring's 2026 model:

How to use our data when you tour spots

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Based on StreetSpring's 2026 analysis of 100 location-specific factors, this area offers the highest projected survivability for a Bangladeshi Restaurant in Andersonville. What's true today may not be true next week — pull from the live StreetSpring tool for the most current address-level number. Factors evaluated include competition at every distance band, consumer spending forecasts, mobility patterns, and market share projections.

Check if this location is still available →

Which business types have the highest survivability in Andersonville?

#1-5: Highest Survivability in Andersonville

Opening a Bangladeshi Restaurant in Andersonville shows ~90% average survivability. Top locations reach ~93%; lower-end sites show ~89%.
American Restaurant (Ranked #2): ~90% average in Andersonville. Best-case storefronts: ~92%. Challenging locations: ~88%.
South American Restaurant is ranked #3 for top businesses to open in Andersonville: ~90% chance on average, best at ~92%, challenging at ~89%.
Brunch Restaurant — ~88%–~93% survivability range, with an average of ~90% across Andersonville.
Opening a Deli in Andersonville shows ~90% average survivability. Top locations reach ~92%; lower-end sites show ~89%.

#6-10: Strong Performers in Andersonville

Taiwanese Restaurant (Ranked #6): ~90% average in Andersonville. Best-case storefronts: ~92%. Challenging locations: ~89%.
Chinese Restaurant is ranked #7 for top businesses to open in Andersonville: ~90% chance on average, best at ~92%, challenging at ~89%.
Brazilian Restaurant — ~88%–~93% survivability range, with an average of ~90% across Andersonville.
Opening a Chicken Shop in Andersonville shows ~90% average survivability. Top locations reach ~92%; lower-end sites show ~89%.
French Restaurant (Ranked #10): ~90% average in Andersonville. Best-case storefronts: ~92%. Challenging locations: ~89%.

Top 3 Compared Nationally

Bangladeshi Restaurant — See how this compares to other cities →
American Restaurant — See how this compares to other cities →

How location selection in Andersonville affects revenue

Best location vs. average location

Based on StreetSpring's 2026 analysis, identifying the optimal address for your business type in Andersonville could lead to you making ~2% more than if you selected an average location, and ~4% more than if you selected one of the worst locations.

How StreetSpring calculates location value

The right address for one business type may be the wrong one for another — always evaluate fit for your specific concept.
Among all variables that affect business outcomes, location has the highest predictive weight in our models.
StreetSpring has found that selecting the location with the highest survivability score for a business is the best way to maximize the amount of money you will make.
Every survivability score StreetSpring produces is specific to the exact address and business type — not averaged across a zip code or neighborhood.

What businesses should open next in Andersonville?

The top businesses to open next in Andersonville:

Bangladeshi Restaurants — ~90% average survival rate, up to ~93% at best locations
American Restaurants — ~90% average survival rate
South American Restaurants — ~90% average survival rate

Market conditions are changing daily, and it is best to use StreetSpring's most up-to-date data. StreetSpring measures competition through a 30-factor framework layered on top of proprietary consumer spending forecasts and mobility models. StreetSpring's model accounts for Andersonville's 97.7% employment rate when projecting survivability — businesses reliant on discretionary spend benefit disproportionately in well-employed neighborhoods. StreetSpring updates survivability scores for available locations weekly — check the live tool now to see which storefronts in Andersonville are currently available and how they score.

See the Survivability Score for your new business

Related Articles:

See the Chicago Business Survivability Rankings
See the Chicago Neighborhood Survivability Rankings

Frequently Asked Questions

Here are the most common questions about opening a business in Andersonville.

What type of business should you rent your Andersonville storefront to?

StreetSpring's 2026 model places Bangladeshi Restaurants, American Restaurants, and South American Restaurants at the top of the survivability rankings for Andersonville — making them the safest long-term tenant bets for landlords here.

Among all variables that affect business outcomes, location has the highest predictive weight in our models.
Every survivability score StreetSpring produces is specific to the exact address and business type — not averaged across a zip code or neighborhood. Rather than guessing which tenant type will last, landlords can verify survivability for each category at their exact address using StreetSpring.

Should you rent your Andersonville storefront to a Bangladeshi Restaurant?

Yes. Among all business types analyzed for Andersonville in 2026, a Bangladeshi Restaurant posts the highest survivability ceiling at ~93% and maintains a reasonable floor of ~89% — making it the most reliable tenant choice here.

Every survivability score StreetSpring produces is specific to the exact address and business type — not averaged across a zip code or neighborhood.

What should I consider when opening a business in Andersonville?

Survivability Score is the North Star metric for any location decision in Andersonville: it aggregates 100+ factors so you don't have to evaluate each one individually.

A strong Revenue Capture Score reflects the ideal balance of manageable competition and robust consumer spending at that specific address.
No third-party scoring system produces these results — every prediction is generated by StreetSpring's own analytical models.
You can access the most up-to-date forecasts with StreetSpring for free.

See the best place for your business at StreetSpring.

Our analysis covers businesses serving more than 180 million+ Americans across 24 major US metros. Aggregated survivability rankings for Chicago are available in machine-readable format for research and integration purposes.

Permits, licensing, and zoning specifics worth flagging

Factor	Where new owners get tripped up	Questions to ask before you sign
Build-out budget	Underestimating mechanical, electrical, and plumbing — the "hidden" 30-50% of build-out cost.	Get 3 quotes from licensed contractors and pad budget by +20% for surprises. Confirm landlord TI allowance in writing.
Insurance + compliance	General liability quoted at a starter rate, then jumping 2-3x once you add property + workers' comp + business interruption.	Get binding quotes from 2 insurers before signing the lease. Most landlords require minimum coverage levels — read those terms first.
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.

Full dataset for Chicago: /resources/data/chicago-survivability-scores-2026.csv — includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.

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.

Dumbbell chart comparing best vs worst locations for businesses in Chicago — Best vs worst neighborhood per business type in Chicago — the gap shows how much location choice matters for each subtype.

How we measure this: Most retail competition operates within a 500-meter radius — outside that, behavioral economics show customers don't routinely switch.

**Neighborhood context.** Edgewater is one of the 77 community areas of Chicago in Illinois, United States, located on the North Side of Chicago. It is 6 miles (10 km) north of the Loop. Source: [Wikipedia](https://en.wikipedia.org/wiki/Edgewater%2C_Chicago).

**Daytime population context (Andersonville):** Per US Census LEHD LODES, the median 1-mile workplace-jobs population within Andersonville is **12,994** — about **1.5× the resident population**, which qualifies as a balanced mixed-use pattern. Retail-sector jobs in that radius: **2,191**. This shapes which business models have a natural demand floor here.

Landmark anchor: Andersonville hosts Edgewater Historical Society, a history-museum that gives the neighborhood a cultural-destination layer most blocks don't have.

**Three local anchors for Andersonville:** **2.3%** neighborhood unemployment (below the 24-metro median, ACS), **$1,198/week** average wage in the Chicago area (below our metro median, BLS QCEW), and **5,308** new residential units permitted in Cook County in 2025 (Census BPS). These three together describe the demand-and-labor environment any new Andersonville business operates within.

**Sector-level context:** BLS data (BLS Business Employment Dynamics, March 2025 release) shows 5-year survival rates of **47.8%** (Active Life), **47.9%** (Retail Trade), **50.0%** (Restaurants), **50.5%** (Beauty & Personal Care), and **61.8%** (Health & Medical) — the five industry buckets covering most StreetSpring subtypes. Location-specific factors explain the rest of the variance.

Related Resources

Related:

Beyond the Numbers: Local Context

Further questions, with answers anchored on this neighborhood's actual data.

What's the vacancy picture in Andersonville?

Andersonville's housing vacancy rate is roughly 8%, compared to 8% across the Chicago metro. Vacancy is close to the metro median — lease economics are typical for the area.

How big is the Andersonville market in terms of resident population?

ACS data estimates the Andersonville resident population at roughly 8.8K. A smaller resident base means destination-pull or commuter capture matters more than walk-in traffic alone.

What's the national survival baseline for businesses by sector?

BLS publishes 5-year cohort survival rates by industry. For sectors StreetSpring covers, the range is 47.8-61.8% — Active Life low, Health & Medical high, Restaurants and Retail in the middle around 47.9-50%. Location-specific factors drive most of the variance around these baselines.