Business Survivability in Budlong Woods, Chicago
StreetSpring's 2026 analysis finds that the best business to open in Budlong Woods is an Eye Care Center with a 86.2% chance of surviving at least 2 years across the neighborhood on average.
Quick Summary
- Survivability Score: the projected chance a business type lasts two or more years at a specific address
- Best business: an Eye Care Center in Budlong Woods (86.2% average survival rate, 89.6% at best locations)
- Neighborhood rank: #21 of 99 neighborhoods in and around Chicago
- Neighborhood average: 75.7% two-year survival across the business types ranked here
- Coverage: This ranking carries one row per business type and neighborhood. Its score is the projected chance of lasting two or more years, averaged across the price points StreetSpring scores separately in the tool (most types have 5). The 10 business types here are base types; the tool offers 500+ business types, counting each type at each of its price points.
- Rankings updated quarterly with latest market data
- Detailed methodology
Last reviewed: October 2026 by Robert Koons, Founder & CEO, StreetSpring
In this article:
- Summary
- Is Budlong Woods 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 Budlong Woods is an Eye Care Center with a 86.2% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a 89.6% chance; next is a Veterinary Clinic with a 85.0% chance, followed by a Dentist Office with a 79.2% chance.
Is Budlong Woods a good place to start a business?
Among the 99 neighborhoods StreetSpring ranks in and around Chicago, Budlong Woods ranks #21 for business survivability, with an average 75.7% chance of lasting two or more years.
- In Budlong Woods, the strongest addresses for the top-ranked business type sit 3.4 points above that type's average.
- Yet the same categories that score highest in Budlong Woods can underperform significantly at the wrong address. Location precision within the neighborhood matters as much as choosing the neighborhood itself.
- The 92.4% employment rate in Budlong Woods supports consumer spending, while its 6.8% housing vacancy rate measures the share of homes and apartments standing empty: the model reads both as neighborhood characteristics.
Employment and housing vacancy figures sourced from the U.S. Census Bureau American Community Survey.
How can you find the best location to open a business in Budlong Woods?
The right address in Budlong Woods can mean a 20-point survivability difference from an average one: StreetSpring identifies exactly which addresses are worth pursuing. This is the address StreetSpring's 2026 analysis recommends most strongly for an Eye Care Center in Budlong Woods:
The highlighted area represents the address in Budlong Woods that StreetSpring's 2026 analysis ranks highest for an Eye Care Center survivability. Neighborhood-level averages are a starting point: the exact address will determine your actual survivability score. StreetSpring's scoring incorporates hundreds of inputs, including competitive quality and density, projected consumer spending, Revenue Capture Score, and local demand patterns.
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What are the best businesses to open in Budlong Woods?
| # | Business type | Chance of lasting two or more years at a good address |
|---|---|---|
| 1 | Eye Care Center | 89.6% |
| 2 | Veterinary Clinic | 89.2% |
| 3 | Dentist Office | 85.3% |
| 4 | Acupuncture Clinic | 84.9% |
| 5 | Dermatology Clinic | 84.9% |
| 7 | Convenience Store | 84.6% |
| 8 | Florist | 84.6% |
| 19 | Turkish Restaurant | 84.0% |
| 20 | Italian Restaurant | 84.0% |
| 22 | Beauty Salon | 84.0% |
Ties at a good address: Acupuncture Clinic and Dermatology Clinic are tied; Convenience Store and Florist are tied; Turkish Restaurant, Italian Restaurant and Beauty Salon are tied. A tie is a tie: the rank column is the published file's order, which looks at the average and the best address next.
The rank column is the published file's rank within this place; a skipped number is a business type the file ranks here that this list leaves out to keep any one business family from filling it.
Highest Survivability in Budlong Woods
- #1 Opening an Eye Care Center in Budlong Woods shows 86.2% average survivability. Top locations reach 89.6%; lower-end sites show 80.2%.
- #2 Veterinary Clinic (Ranked #2): 85.0% average in Budlong Woods. Best-case storefronts: 89.2%. Challenging locations: 77.2%.
- #3 Dentist Office is ranked #3 for top businesses to open in Budlong Woods: 79.2% chance on average, best at 85.8%, challenging at 64.1%.
- #4 Acupuncture Clinic: 78.2% on average across Budlong Woods; best at 85.3%, challenging at 63.2%.
- #5 Opening a Dermatology Clinic in Budlong Woods shows 78.0% average survivability. Top locations reach 85.3%; lower-end sites show 63.2%.
Strong Performers in Budlong Woods
- #7 Convenience Store (Ranked #7): 82.3% average in Budlong Woods. Best-case storefronts: 85.0%. Challenging locations: 76.0%.
- #8 Florist is ranked #8 for top businesses to open in Budlong Woods: 81.3% chance on average, best at 85.0%, challenging at 75.6%.
- #19 Turkish Restaurant: 82.5% on average across Budlong Woods; best at 84.0%, challenging at 76.4%.
- #20 Opening an Italian Restaurant in Budlong Woods shows 80.5% average survivability. Top locations reach 84.0%; lower-end sites show 63.8%.
- #22 Beauty Salon (Ranked #22): 80.2% average in Budlong Woods. Best-case storefronts: 84.0%. Challenging locations: 71.0%.
Top 3 Compared Nationally
- Eye Care Center: See how this compares to other cities →
- Veterinary Clinic: See how this compares to other cities →
- Dentist Office: See how this compares to other cities →
How much money could a business in Budlong Woods make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, identifying the optimal address for your business type in Budlong Woods starts with the Revenue Capture Score, the most important factor in choosing a location: StreetSpring's estimate of the revenue a business can capture at that address.
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.
- Survivability data lets you compare locations on the same projected two-year chance before you open.
- When the question is money, the Revenue Capture Score comes first: it is StreetSpring's estimate of the revenue a business can capture at a specific address.
- StreetSpring analyzes your specific address against comparable businesses to forecast success.
What businesses should open next in Budlong Woods?
The top businesses to open next in Budlong Woods:
- Eye Care Centers: 86.2% average survival rate, 89.6% at the best address
- Veterinary Clinics: 85.0% average survival rate
- Dentist Offices: 79.2% average survival rate
Neighborhood-level averages are a starting point: the exact address will determine your actual survivability score. StreetSpring's training dataset includes millions of transactions and business lifecycle events. 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. A housing vacancy rate of 6.8% means the Census estimates that share of Budlong Woods's homes and apartments to be vacant; the model reads it as one input among many. New competitors open and close every week, changing the survivability landscape for every address in Budlong Woods. StreetSpring's regular updates mean you can always see the current score for any available storefront.
See the Survivability Score for your new business
Related Articles:
- See the Chicago Business Survivability Rankings
- See the Chicago Neighborhood Survivability Rankings
- Explore Eye Care Center survivability across Chicago neighborhoods
Frequently Asked Questions
Here are the most common questions about opening a business in Budlong Woods.
What type of business should you rent your Budlong Woods storefront to?
For landlords in Budlong Woods, StreetSpring's 2026 analysis identifies Eye Care Centers, Veterinary Clinics, and Dentist Offices as the business types most likely to produce stable, long-term tenancy.
- Survivability data lets you compare locations on the same projected two-year chance before you open.
- StreetSpring analyzes your specific address against comparable businesses to forecast success. StreetSpring's tool, free for a 10-minute trial, lets you check the survivability score for any business type at any address in Budlong Woods: a powerful filter when evaluating prospective tenants.
Related: See How Landlord Representatives in Chicago Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Budlong Woods storefront to an Eye Care Center?
According to our 2026 survivability model, an Eye Care Center leads all business categories for Budlong Woods landlords: 89.6% at the best addresses and 80.2% at the most challenging ones in this neighborhood.
- StreetSpring analyzes your specific address against comparable businesses to forecast success.
What should I consider when opening a business in Budlong Woods?
When opening a business in Budlong Woods, compare the Survivability Scores of your shortlisted addresses and favor the highest one your budget allows.
- Revenue Capture Score is the top factor to weigh before signing a lease, because it measures how much of the local customer spending a business at that address can win.
- The underlying models are StreetSpring's own: built, trained, and maintained using data external platforms cannot access.
- You can check the most up-to-date forecasts with StreetSpring, starting with a free 10-minute trial.
See the best place for your business at StreetSpring.
Real estate professionals and business owners across 24 major metros use StreetSpring to ground their site-selection decisions in data, not guesswork. Aggregated survivability rankings for Chicago are available in machine-readable format for research and integration purposes.
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.