Business Survivability in Edgewater, Chicago
StreetSpring's 2026 analysis finds that the best business to open in Edgewater is a Veterinary Clinic with a 82.7% 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: a Veterinary Clinic in Edgewater (82.7% average survival rate, 90.0% at best locations)
- Neighborhood rank: #39 of 99 neighborhoods in and around Chicago
- Neighborhood average: 70.9% 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 Edgewater 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 Edgewater is a Veterinary Clinic with a 82.7% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a 90.0% chance; next is a Chiropractor Office with a 82.9% chance, followed by an Eye Care Center with a 78.3% chance.
Is Edgewater a good place to start a business?
Among the 99 neighborhoods StreetSpring ranks in and around Chicago, Edgewater ranks #39 for business survivability, with an average 70.9% chance of lasting two or more years.
- For the top-ranked business type, the best addresses in Edgewater score 7.3 points higher on the two-year chance than its average there.
- Yet the same categories that score highest in Edgewater can underperform significantly at the wrong address. Location precision within the neighborhood matters as much as choosing the neighborhood itself.
- The 94.8% employment rate in Edgewater supports consumer spending, while its 8.7% 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 Edgewater?
With StreetSpring, location selection in Edgewater moves from guesswork to a precise, address-level survivability score for any business type you're considering. StreetSpring's 2026 analysis identifies this area as the top location for a Veterinary Clinic in Edgewater:
This map shows the optimal location for a Veterinary Clinic in Edgewater based on StreetSpring's 2026 survivability analysis. Even the best-ranked neighborhoods contain locations that underperform, and the worst-ranked ones have hidden gems. The prediction model incorporates hundreds of location-specific factors, including competitive density, forecasted consumer spending, mobility patterns, and Revenue Capture Score.
Check if this location is still available →
What are the best businesses to open in Edgewater?
| # | Business type | Chance of lasting two or more years at a good address |
|---|---|---|
| 1 | Veterinary Clinic | 90.0% |
| 2 | Chiropractor Office | 89.6% |
| 3 | Eye Care Center | 87.0% |
| 4 | Convenience Store | 85.0% |
| 5 | Clothing Store | 84.6% |
| 7 | Coffee Shop | 84.0% |
| 8 | Hair Salon | 84.0% |
| 9 | Bar | 84.0% |
| 10 | Spa | 84.0% |
| 11 | Cafe | 83.6% |
Ties at a good address: Coffee Shop, Hair Salon, Bar and Spa 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 Edgewater
- #1 Veterinary Clinic is ranked #1 for top businesses to open in Edgewater: 82.7% chance on average, best at 90.0%, challenging at 70.0%.
- #2 Chiropractor Office: 82.9% on average across Edgewater; best at 89.6%, challenging at 59.8%.
- #3 Opening an Eye Care Center in Edgewater shows 78.3% average survivability. Top locations reach 89.6%; lower-end sites show 57.3%.
- #4 Convenience Store (Ranked #4): 79.9% average in Edgewater. Best-case storefronts: 85.0%. Challenging locations: 64.8%.
- #5 Clothing Store is ranked #5 for top businesses to open in Edgewater: 79.6% chance on average, best at 85.0%, challenging at 59.8%.
Strong Performers in Edgewater
- #7 Coffee Shop: 77.9% on average across Edgewater; best at 84.0%, challenging at 62.8%.
- #8 Opening a Hair Salon in Edgewater shows 76.5% average survivability. Top locations reach 84.0%; lower-end sites show 58.8%.
- #9 Bar (Ranked #9): 75.2% average in Edgewater. Best-case storefronts: 84.0%. Challenging locations: 54.3%.
- #10 Spa is ranked #10 for top businesses to open in Edgewater: 73.2% chance on average, best at 84.0%, challenging at 58.4%.
- #11 Cafe: 80.8% on average across Edgewater; best at 84.0%, challenging at 57.4%.
Top 3 Compared Nationally
- Veterinary Clinic: See how this compares to other cities →
- Chiropractor Office: See how this compares to other cities →
- Eye Care Center: See how this compares to other cities →
How much money could a business in Edgewater make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, prioritizing survivability score in your site-selection process in Edgewater 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
- Location fit is business-type-specific: a spot that's ideal for a coffee shop may underperform for a nail salon at the same address.
- The address you choose determines your competitive exposure, customer flow, and spending potential simultaneously.
- Compare the Revenue Capture Score of each shortlisted address first: it is the top factor in choosing a location, and it estimates the revenue a business can capture there.
- StreetSpring analyzes your specific address against comparable businesses to forecast success.
What businesses should open next in Edgewater?
The top businesses to open next in Edgewater:
- Veterinary Clinics: 82.7% average survival rate, 90.0% at the best address
- Chiropractor Offices: 82.9% average survival rate
- Eye Care Centers: 78.3% average survival rate
Even the best-ranked neighborhoods contain locations that underperform, and the worst-ranked ones have hidden gems. Our training data spans 500+ business types across 24 major metros, giving our models the breadth to predict outcomes across nearly any commercial concept. 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. The 94.8% employment rate in Edgewater is a key signal of consumer health, and the 8.7% housing vacancy rate is another Census characteristic the model reads for the rankings above. StreetSpring regularly updates survivability scores for available locations: check the live tool now to see which storefronts in Edgewater 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
- Explore Veterinary Clinic survivability across Chicago neighborhoods
Frequently Asked Questions
Here are the most common questions about opening a business in Edgewater.
What type of business should you rent your Edgewater storefront to?
StreetSpring's analysis shows that the 3 best businesses to rent your storefront out to in Edgewater are Veterinary Clinics, Chiropractor Offices, and Eye Care Centers.
- The address you choose determines your competitive exposure, customer flow, and spending potential simultaneously.
- StreetSpring analyzes your specific address against comparable businesses to forecast success. Landlords can use StreetSpring to match their exact address to the tenant types most likely to stay open and paying rent for two or more years.
Related: See How Landlord Representatives in Chicago Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Edgewater storefront to a Veterinary Clinic?
Yes, our 2026 model places a Veterinary Clinic at the top of the survivability rankings for Edgewater storefronts, with a best-case score of 90.0% and a floor of 70.0% at the most challenging addresses.
- StreetSpring analyzes your specific address against comparable businesses to forecast success.
What should I consider when opening a business in Edgewater?
Location decisions in Edgewater should be grounded in Survivability Score data, not intuition. The score directly measures the competitive and spending conditions at your exact address.
- 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.
- These forecasts are generated using StreetSpring's unique analytical framework.
- Start a free 10-minute trial on StreetSpring to see the current survivability score for any address in Edgewater.
See the best place for your business at StreetSpring.
Powered by machine learning models trained on real business outcomes, StreetSpring delivers actionable insights. 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.