Business Survivability in Gage Park, Chicago
StreetSpring's 2026 analysis finds that the best business to open in Gage Park is a Veterinary Clinic with a 75.0% 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 Gage Park (75.0% average survival rate, 90.0% at best locations)
- Neighborhood rank: #54 of 99 neighborhoods in and around Chicago
- Neighborhood average: 65.0% 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 Gage Park 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 Gage Park is a Veterinary Clinic with a 75.0% 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 78.3% chance, followed by a Convenience Store with a 79.5% chance.
Is Gage Park a good place to start a business?
Gage Park is ranked number 54 of 99 neighborhoods in and around Chicago to start a business, with an average 65.0% chance of lasting two or more years across the business types ranked there.
- For the top-ranked business type, the best addresses in Gage Park score 15.0 points higher on the two-year chance than its average there.
- However, those high-scoring categories placed at the least-competitive addresses in Gage Park often fall well below average. Picking the right block (not just the right neighborhood) is what actually determines survivability.
- With a 87.7% employment rate, Gage Park has the consumer spending foundation that supports a range of brick-and-mortar business types.
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 Gage Park?
StreetSpring scores each block in Gage Park so you can see which ones give a business the best two-year chance. According to StreetSpring's 2026 data, this is the optimal address for a Veterinary Clinic in Gage Park:
StreetSpring's 2026 model identifies this area as the highest-survivability location for a Veterinary Clinic in Gage Park. These rankings are based on the latest available data; check StreetSpring for real-time updates. The model evaluates hundreds of factors, from primary and secondary competition to forecasted spend, site accessibility, and local market share potential.
Check if this location is still available →
What are the best businesses to open in Gage Park?
| # | Business type | Chance of lasting two or more years at a good address |
|---|---|---|
| 1 | Veterinary Clinic | 86.2% |
| 2 | Chiropractor Office | 85.8% |
| 3 | Convenience Store | 85.0% |
| 4 | Clothing Store | 85.0% |
| 5 | Eye Care Center | 84.9% |
| 6 | Hair Salon | 84.0% |
| 8 | Coffee Shop | 84.0% |
| 9 | Bar | 84.0% |
| 10 | Cafe | 83.6% |
| 11 | Physical Therapy Clinic | 82.8% |
Ties at a good address: Convenience Store and Clothing Store are tied; Hair Salon, Coffee Shop and Bar 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 Gage Park
- #1 Opening a Veterinary Clinic in Gage Park shows 75.0% average survivability. Top locations reach 90.0%; lower-end sites show 57.7%.
- #2 Chiropractor Office (Ranked #2): 78.3% average in Gage Park. Best-case storefronts: 90.0%. Challenging locations: 60.7%.
- #3 Convenience Store is ranked #3 for top businesses to open in Gage Park: 79.5% chance on average, best at 85.0%, challenging at 61.2%.
- #4 Clothing Store: 76.7% on average across Gage Park; best at 85.0%, challenging at 51.7%.
- #5 Opening an Eye Care Center in Gage Park shows 72.4% average survivability. Top locations reach 88.7%; lower-end sites show 56.0%.
Strong Performers in Gage Park
- #6 Hair Salon (Ranked #6): 75.9% average in Gage Park. Best-case storefronts: 84.0%. Challenging locations: 53.4%.
- #8 Coffee Shop is ranked #8 for top businesses to open in Gage Park: 72.4% chance on average, best at 84.0%, challenging at 56.1%.
- #9 Bar: 66.6% on average across Gage Park; best at 84.0%, challenging at 50.2%.
- #10 Opening a Cafe in Gage Park shows 77.0% average survivability. Top locations reach 84.0%; lower-end sites show 54.8%.
- #11 Physical Therapy Clinic (Ranked #11): 72.9% average in Gage Park. Best-case storefronts: 86.6%. Challenging locations: 57.7%.
Top 3 Compared Nationally
- Veterinary Clinic: See how this compares to other cities →
- Chiropractor Office: See how this compares to other cities →
- Convenience Store: See how this compares to other cities →
How much money could a business in Gage Park make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, picking the highest-scoring storefront in the neighborhood in Gage Park 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
- Every business type has unique location requirements that must be considered.
- A great product in the wrong location will underperform; an average product in the right location can thrive.
- 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.
- Two storefronts on the same street can have different survivability scores: StreetSpring calculates each one individually.
What businesses should open next in Gage Park?
The top businesses to open next in Gage Park:
- Veterinary Clinics: 75.0% average survival rate, 90.0% at the best address
- Chiropractor Offices: 78.3% average survival rate
- Convenience Stores: 79.5% average survival rate
These rankings are based on the latest available data; check StreetSpring for real-time updates. Our platform incorporates data from thousands of neighborhoods nationwide. 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 9.9% housing vacancy rate in Gage Park describes the neighborhood as a whole; survivability still depends heavily on choosing the right address within it. These rankings are a snapshot; StreetSpring regularly recalculates survivability for every location in Gage Park, incorporating the latest competitive openings, closures, and spending data: check current locations now.
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 Gage Park.
What type of business should you rent your Gage Park storefront to?
Based on 2026 survivability scores across all business types in Gage Park, the top three tenant categories for landlords are Veterinary Clinics, Chiropractor Offices, and Convenience Stores.
- A great product in the wrong location will underperform; an average product in the right location can thrive.
- Two storefronts on the same street can have different survivability scores: StreetSpring calculates each one individually. Rather than guessing which tenant type will last, landlords can verify survivability for each category at their exact address using StreetSpring.
Related: See How Landlord Representatives in Chicago Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Gage Park storefront to a Veterinary Clinic?
Yes. Among all business types analyzed for Gage Park in 2026, a Veterinary Clinic posts the highest survivability ceiling at 90.0% and maintains a reasonable floor of 57.7%, making it the most reliable tenant choice here.
- Two storefronts on the same street can have different survivability scores: StreetSpring calculates each one individually.
What should I consider when opening a business in Gage Park?
When opening a business in Gage Park, compare the Survivability Scores of your shortlisted addresses and favor the highest one your budget allows.
- The Revenue Capture Score is the most important factor in choosing a location: it is StreetSpring's estimate of the revenue a business can capture at that address.
- StreetSpring's forecasting tools are purpose-built for commercial location decisions and are not available through any publicly accessible data source.
- StreetSpring offers a free 10-minute trial of its survivability scores: see how your shortlisted Gage Park addresses rank right now.
See the best place for your business at StreetSpring.
StreetSpring analyzes millions of data points with AI to forecast business survivability. 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.