How much money could a business in Goose Island make?

Based on StreetSpring's 2026 analysis, selecting one of the best locations in Goose Island could lead to making ~2% more than selecting an average location, and ~5% more than one of the worst locations.

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

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 Goose Island maximize success.

What are the best businesses to open in Goose Island?

The top businesses to open in Goose Island include Pet Grooming Shop with a ~89% chance on average of surviving more than 2 years, best-case locations reaching ~91%, followed by Bangladeshi Restaurant and South American Restaurant.

Is Goose Island a good place to start a business?

Goose Island is ranked number 34 across neighborhoods in and around Chicago to start a business, with an average Survivability Score of ~82%. The most promising business types in the best locations score a ~2% higher chance of surviving 2 years than the average.

What businesses are most in demand in Goose Island?

Based on StreetSpring's 2026 survivability analysis, the most in-demand business types in Goose Island are Pet Grooming Shops, Bangladeshi Restaurants, and South American Restaurants.

Business Survivability in Goose Island, Chicago

StreetSpring's 2026 analysis finds that the best business to open in Goose Island is a Pet Grooming Shop with a ~89% chance of surviving at least 2 years across the neighborhood on average.

April 24, 2026•17 min read

Quick Summary

Best business: a Pet Grooming Shop in Goose Island (~89% average survival rate, ~91% at best locations)

Neighborhood rank: #34 across all neighborhoods in and around Chicago

Neighborhood average: ~82% two-year survival across all business types

Rankings updated quarterly with latest market data

Detailed methodology

Last reviewed: April 28, 2026 by Bobby Koons, StreetSpring founder — updated weekly

In this article:

Summary
Is Goose Island 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 Goose Island is a Pet Grooming Shop with a ~89% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~91% chance; next is a Bangladeshi Restaurant with a ~89% chance, followed by a South American Restaurant with a ~89% chance.

What does the data say about opening in Goose Island?

**Comparable neighborhoods:** Among the ~2,500 neighborhoods StreetSpring scores, Goose Island's profile most resembles **North Scottsdale (Phoenix)** and **Cornelius (Charlotte)**. All three exhibit higher employment, low poverty, and high high-earner share — operators with experience in any of those neighborhoods will see familiar patterns in Goose Island.

**Failure-mode analysis for Goose Island.** The single strongest subtype in our data is **Brunch Restaurant** at 89% average survivability. But the within-neighborhood spread for Brunch Restaurants runs **74% to 95%** — meaning a poorly-sited Brunch Restaurant in Goose Island can score 21 points below a well-sited one. Saturation reality check: Kosher Restaurants are the most-competed tracked subtype here, with 1 existing competitors within a 0.5-mile radius.

Goose Island earns the #34 spot in Chicago for new business survivability, with an average score of ~82% across all business types analyzed.

The most promising business types in the best locations score a ~2% higher chance of surviving 2 years than the average.
Yet even the strongest business types in Goose Island see survivability scores drop significantly at the worst addresses. No business type is immune to the consequences of poor location selection within this neighborhood.
Commercial vacancy in Goose Island sits at 10.8%, a figure that factors into survivability scores for every business type in this neighborhood.

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

Where in Goose Island should you open a business?

StreetSpring's address-level analysis reveals which specific storefronts in Goose Island offer the strongest survivability odds for your business type. Below is the best location for a Pet Grooming Shop in Goose Island:

Why the right block matters more than the right neighborhood

Loading live map preview...

StreetSpring's 2026 model identifies this area as the highest-survivability location for a Pet Grooming Shop in Goose Island. Local market conditions move day to day — the most reliable signal is StreetSpring's live data, not a static ranking. The model evaluates 100 factors — from primary and secondary competition to forecasted spend, mobility flows, and local market share potential.

Check if this location is still available →

Which business types have the highest survivability in Goose Island?

#1-5: Highest Survivability in Goose Island

Pet Grooming Shop is ranked #1 for top businesses to open in Goose Island: ~89% chance on average, best at ~91%, challenging at ~87%.
Bangladeshi Restaurant — ~87%–~91% survivability range, with an average of ~89% across Goose Island.
Opening a South American Restaurant in Goose Island shows ~89% average survivability. Top locations reach ~91%; lower-end sites show ~87%.
Ukrainian Restaurant (Ranked #4): ~89% average in Goose Island. Best-case storefronts: ~91%. Challenging locations: ~87%.
Brunch Restaurant is ranked #5 for top businesses to open in Goose Island: ~89% chance on average, best at ~91%, challenging at ~87%.

#6-10: Strong Performers in Goose Island

Deli — ~87%–~90% survivability range, with an average of ~89% across Goose Island.
Opening a Chinese Restaurant in Goose Island shows ~89% average survivability. Top locations reach ~90%; lower-end sites show ~87%.
French Restaurant (Ranked #8): ~89% average in Goose Island. Best-case storefronts: ~91%. Challenging locations: ~88%.
Indonesian Restaurant is ranked #9 for top businesses to open in Goose Island: ~89% chance on average, best at ~91%, challenging at ~88%.
Kosher Restaurant — ~87%–~91% survivability range, with an average of ~89% across Goose Island.

Top 3 Compared Nationally

Bangladeshi Restaurant — See how this compares to other cities →

What you could earn opening a business in Goose Island

Best location vs. average location

Based on StreetSpring's 2026 analysis, choosing an address that maximizes your Revenue Capture Score in Goose Island could lead to you making ~2% more than if you selected an average location, and ~5% more than if you selected one of the worst locations.

How StreetSpring calculates location value

StreetSpring calculates survivability for each business type separately at each address — so the best location for your concept may differ from the neighborhood's overall top-ranked site.
The address you choose determines your competitive exposure, customer flow, and spending potential simultaneously.
Every percentage point of Survivability Score represents a real difference in expected revenue — choosing the highest-scoring address is the most reliable financial decision you can make at the outset.
StreetSpring's address-level precision means the difference between choosing a site with a 65% survival rate and one with a 90% rate — even within the same neighborhood.

What Goose Island needs more of (per our model)

The top businesses to open next in Goose Island:

Pet Grooming Shops — ~89% average survival rate, up to ~91% at best locations
Bangladeshi Restaurants — ~89% average survival rate
South American Restaurants — ~89% average survival rate

Market conditions are changing daily, and it is best to use StreetSpring's most up-to-date data. StreetSpring's accuracy is built on studying businesses that serve more than 180 million+ Americans across 24 cities. Goose Island's employment rate (98.3%) and vacancy rate (10.8%) together define the economic context that StreetSpring's model uses to score survivability for each business type at each address. Survivability scores are live, not static — StreetSpring updates them weekly. Visit the tool to see what's currently available in Goose Island and how each address is scoring right now.

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 Goose Island.

What type of business should you rent your Goose Island storefront to?

The analysis is clear: in Goose Island, Pet Grooming Shops, Bangladeshi Restaurants, and South American Restaurants consistently score highest on survivability, giving landlords the best chance of retaining tenants for 2+ years.

The address you choose determines your competitive exposure, customer flow, and spending potential simultaneously.
StreetSpring's address-level precision means the difference between choosing a site with a 65% survival rate and one with a 90% rate — even within the same neighborhood. Use StreetSpring to see the survivability score for any business type at your exact storefront address before you sign a lease.

Should you rent your Goose Island storefront to a Pet Grooming Shop?

Yes, StreetSpring's analysis finds that a Pet Grooming Shop would be the best type of business to rent your storefront to, with a potential ~91% chance of lasting more than 2 years; however depending on your location, the chances could drop to a ~87% chance.

StreetSpring's address-level precision means the difference between choosing a site with a 65% survival rate and one with a 90% rate — even within the same neighborhood.

What should I consider when opening a business in Goose Island?

The Survivability Score for your specific address in Goose Island is the most reliable signal you have before signing a lease — prioritize it above foot traffic estimates and demographic summaries.

Where survivability is highest, Revenue Capture Score is invariably strong — the two are tightly correlated across every business type we've analyzed.
No third-party scoring system produces these results — every prediction is generated by StreetSpring's own analytical models.
StreetSpring's live scoring tool is free: enter any address in Goose Island to see its current Survivability Score for your business type.

See the best place for your business at StreetSpring.

StreetSpring's AI platform has analyzed thousands of business openings to identify success patterns. Aggregated survivability rankings for Chicago are available in machine-readable format for research and integration purposes.

Build-out budget rules-of-thumb for this neighborhood

Area to check	What can go wrong	How to de-risk it
Workforce availability	Hiring radius is smaller than you think — many neighborhoods can't staff a full team at standard wages.	Pull BLS wage data for your industry in this metro. Walk through your staffing plan with a local restaurant/retail operator before signing.
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.
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.

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

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.

Treemap of Chicago business mix by survivability score — Treemap of business mix in Chicago — cell size = number of locations, color = average survivability score.

How we measure this: Supplier proximity matters more for some subtypes (restaurants, repair shops) than others (online-anchored retail).

**Daytime population context (Goose Island):** Per US Census LEHD LODES, the median 1-mile workplace-jobs population within Goose Island is **56,446** — about **14.8× the resident population**, which qualifies as a strong commercial-corridor / CBD signal. Retail-sector jobs in that radius: **5,750**. This shapes which business models have a natural demand floor here.

Landmark anchor: Art City sits in Goose Island as a museum anchor — adding a cultural-destination layer to neighborhood foot-traffic.

**Local economic context (Goose Island, Chicago):** Goose Island's ACS unemployment rate is **1.7%** (below the 24-metro neighborhood median). County-level data adds two more anchors: BLS QCEW reports Chicago-area average weekly wage of **$1,198** (below our 24-metro median), and the Census Bureau Building Permits Survey logged **5,308** new residential units in Cook County in 2025 — a rough proxy for the local growth environment a new business is opening into.

**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:

Local Data Questions

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

How does Chicago's survivability compare to national sector averages?

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.

What's the typical commute pattern in Goose Island?

Median commute time in Goose Island is about 33 minutes, versus 35 minutes across the Chicago metro. Commute patterns are typical for the metro, so foot traffic timing should not be a primary differentiator.

Is Goose Island a high-employment or high-unemployment area?

Roughly 98% of Goose Island's working-age population is employed, against a Chicago metro median of 94%. A strong employment rate signals steadier local spending and lower retail churn.