What is the average survivability for Beauty Salon across Chicago's ranked neighborhoods?

Across the 99 ranked neighborhoods in Chicago, the average projected chance that a Beauty Salon lasts two or more years is 67.7% at a typical address. Palmer Square, ranked #1, is at 82.6% at a typical address.

What are the worst neighborhoods for Beauty Salon in Chicago?

The most challenging neighborhoods in Chicago for Beauty Salon include Kennedy Park (ranked last, at 56.6% at a good address and 52.8% at a typical address), The Loop, and West Morgan Park. These rankings are based on the latest available data; check StreetSpring for real-time updates.

What should I consider when opening a Beauty Salon in Chicago?

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. StreetSpring computes Revenue Capture Score by projecting the business's market share based on competitor quality and quantity, mobility patterns, and forecasted consumer spending for the specific business type.

Survivability Rankings for Beauty Salon in Chicago

Q: What is the best neighborhood in Chicago to open a Beauty Salon?

Based on StreetSpring's 2026 analysis, the best neighborhood in Chicago to open a Beauty Salon is Palmer Square, ranked #1 at 84.0% at a good address and 82.6% at a typical address (5 ranked neighborhoods share the 84.0% good-address figure). 37 of the 99 ranked neighborhoods are at or above 70% at a typical address.

Q: Where in Chicago would a Beauty Salon make the most money?

It depends on the exact address. The Revenue Capture Score is the most important factor in choosing a location: StreetSpring's proprietary estimate of the revenue a business can capture at a specific address. Check it in the live tool for each Chicago address you are weighing.

Q: Can a Beauty Salon succeed in lower-ranked neighborhoods in Chicago?

Yes, neighborhood rankings are averages that mask significant block-by-block variation. Even in neighborhoods ranked outside the top 10, individual storefronts with strong foot traffic, low direct competition, and favorable lease terms can outperform the area average. StreetSpring's Survivability Scores are updated regularly, so the most accurate prediction for your exact storefront is always available in the live tool.

StreetSpring's 2026 ranking of Chicago neighborhoods to open a Beauty Salon, at a good address, from Palmer Square (84.0% survival) to Kennedy Park.

April 24, 2026•13 min read

By Robert Koons | Last reviewed: October 2026 | Methodology

Quick Summary

Survivability Score: the projected chance a business type lasts two or more years at a specific address

#1 Neighborhood: Palmer Square: 84.0% at a good address, 82.6% at a typical address for Beauty Salon (5 ranked neighborhoods share the 84.0% good-address figure)

Neighborhoods at or above 70% at a typical address: 37 of 99 ranked

Average across the 99 ranked neighborhoods (typical address): 67.7% for Beauty Salons

Most challenging area: Kennedy Park: 56.6% at a good address, 52.8% at a typical address

Revenue Capture Score: the most important factor in choosing a location, StreetSpring's proprietary estimate of the revenue a business can capture at a specific address

Data freshness: 2026 data · Full methodology →

Summary
10 Best Neighborhoods
Where Would a Beauty Salon Make the Most Money?
What Should I Consider?
Where Should I Start?
FAQ: Best Neighborhoods
FAQ: Can a Beauty Salon Succeed in Lower-Ranked Areas?
FAQ: How Often Are Rankings Updated?
FAQ: Is a Beauty Salon a Good Tenant?
Landlord Survivability Data
Best Neighborhoods for Any Business

Summary

Palmer Square leads Chicago's 2026 survivability rankings for Beauty Salon operators, with a projected chance of lasting two or more years of 84.0% at a good address and 82.6% at a typical address (5 ranked neighborhoods share the 84.0% good-address figure). Its highest scored address is at 84.0% and its lowest at 77.2%. The last-ranked neighborhood is Kennedy Park, at 56.6% at a good address and 52.8% at a typical address. Remember that a neighborhood average smooths over wide variation: your exact block could significantly outperform.

What Are the 10 Best Neighborhoods in and Around Chicago to Open a Beauty Salon?

Palmer Square ranks #1 of the 99 ranked neighborhoods in and around Chicago for Beauty Salon survivability, with a projected chance of lasting two or more years of 84.0% at a good address as of 2026. The top 10 neighborhoods are:

Rank	Neighborhood	Metro	At a good address	Average (typical address)	Best Locations	Challenging Locations
1	Palmer Square	Chicago	84.0%	82.6%	84.0%	77.2%
2	Belmont Gardens	Chicago	84.0%	82.3%	84.0%	72.3%
3	Sheffield Neighbors	Chicago	84.0%	80.6%	84.0%	71.8%
4	Budlong Woods	Chicago	84.0%	80.2%	84.0%	71.0%
5	Hermosa	Chicago	84.0%	77.4%	84.0%	54.8%
6	Logan Square	Chicago	83.6%	80.6%	84.0%	63.8%
7	Avondale	Chicago	83.6%	78.5%	83.6%	60.6%
8	Bucktown	Chicago	83.6%	77.7%	84.0%	51.6%
9	North Center	Chicago	83.6%	72.8%	84.0%	50.7%
10	Kilbourn Park	Chicago	83.1%	81.1%	84.0%	76.8%

StreetSpring's Survivability Scores are updated regularly, so the most accurate prediction for your exact storefront is always available in the live tool. Market dynamics shift frequently; validate these insights with real-time data from StreetSpring.

The ranking runs on the good-address figure (the 90th percentile of the scored addresses in each neighborhood). Average is the typical address; Best and Challenging Locations are the highest and lowest scored address in the neighborhood. Every figure is the projected chance of lasting two or more years, as printed in the linked file. See our full methodology →

Try StreetSpring to see if this location is still the best and see if there are locations to rent in this area right now.

Where in or Around Chicago Would a Beauty Salon Make the Most Money?

Where a Beauty Salon would make the most money in or around Chicago comes down to the exact address. The Revenue Capture Score is the most important factor in choosing a location: StreetSpring's proprietary estimate of the revenue a business can capture at a specific address.

Palmer Square is ranked #1 for Beauty Salon survivability, at 84.0% at a good address and 82.6% at a typical address; Kennedy Park is ranked last of the 99, at 56.6% at a good address and 52.8% at a typical address. Revenue at a specific storefront is what the Revenue Capture Score estimates, so check it for each address you are weighing.

Our data shows the projected chance for the same business type moving a long way between neighborhoods of one city. Opening a Beauty Salon in Chicago requires careful location choice. Across the 99 ranked neighborhoods, the average projected chance that a new Beauty Salon lasts two or more years is 67.7% at a typical address. The same location can be excellent for one business type and poor for another.

What Should I Consider When Opening a Beauty Salon in or Around Chicago?

When selecting a location for a Beauty Salon in or around Chicago, it is crucial to select a location with a very high Survivability Score. 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. StreetSpring computes this by projecting the business's market share, which is based on the quality and quantity of primary, secondary, and tertiary competitors. StreetSpring's training dataset includes millions of transactions and business lifecycle events. Some of the best-performing locations are surrounded by complementary competitors that drive foot traffic. These forecasts are generated using StreetSpring's unique analytical framework. 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.

This can be summarized as:

Revenue Capture Score = Projected Market Share × Forecasted Spend on Specific Business

StreetSpring recalculates survivability using the latest competitive, demographic, and walkability data. Market dynamics shift frequently; validate these insights with real-time data from StreetSpring.

Where in or Around Chicago Should I Start a Beauty Salon?

The neighborhoods with the highest survivability for this business type are Palmer Square, Belmont Gardens, and Sheffield Neighbors, while the most challenging neighborhoods would be Kennedy Park, The Loop, and West Morgan Park. These rankings are based on the latest available data; check StreetSpring for real-time updates. For the most accurate predictions, always check your specific address in StreetSpring's live platform.

Related Articles:

Business Survivability Rankings: Chicago
Neighborhood Survivability Rankings: Chicago
National City Survivability: Beauty Salon
National Neighborhood Survivability: Beauty Salon

What Are the Best Neighborhoods in Chicago to Open a Beauty Salon?

Based on StreetSpring's 2026 analysis, the top neighborhood for a Beauty Salon in Chicago is Palmer Square, at 84.0% at a good address and 82.6% at a typical address (5 ranked neighborhoods share the 84.0% good-address figure), followed by Belmont Gardens and Sheffield Neighbors. 37 of the 99 ranked neighborhoods are at or above 70% at a typical address.

For the most accurate predictions, always check your specific address in StreetSpring's live platform.

Can a Beauty Salon Succeed in Lower-Ranked Neighborhoods in Chicago?

Yes, neighborhood averages mask significant block-by-block variation. Even in neighborhoods ranked outside the top 10, individual storefronts with strong foot traffic, low direct competition, and favorable lease terms can outperform the area average. However, individual locations vary widely, and even in lower-scoring neighborhoods there are pockets that perform exceptionally well. Always check your specific address in StreetSpring's live platform for the most accurate prediction.

How Often Are Beauty Salon Rankings in Chicago Updated?

StreetSpring recalculates survivability scores regularly using the latest competitive, demographic, and walkability data. Rankings are updated quarterly; the live tool always reflects the most current predictions for any address in Chicago.

Is a Beauty Salon a Good Tenant for Chicago Landlords?

In Palmer Square, the projected chance that a new Beauty Salon lasts two or more years is 82.6% at a typical address and 84.0% at a good address, depending on the exact storefront. Check the current Survivability Score for any address instantly.

Landlord Survivability Data for Beauty Salon in Chicago

Should you rent your storefront to a Beauty Salon? The answer depends heavily on your neighborhood. Palmer Square is ranked first, with a projected chance of lasting two or more years of 82.6% at a typical address, followed by Belmont Gardens at 82.3% at a typical address, and Sheffield Neighbors at 80.6% at a typical address. Check the current Survivability Score for any address instantly.

StreetSpring analyzes your specific address against comparable businesses to forecast success.

What Are the Best Neighborhoods in or Around Chicago for My Business Overall?

You can see the best neighborhoods in or around Chicago to open any type of business in our article Neighborhood Survivability Rankings: Chicago.

Business Survivability Rankings: Chicago: See how Beauty Salon compares to all other business types in Chicago
Best Cities to Open a Beauty Salon in the US: National city-level survivability rankings for Beauty Salon
Business Survivability in Palmer Square, Chicago: All business types ranked in the #1 neighborhood
Business Survivability in Belmont Gardens, Chicago: All business types ranked in the #2 neighborhood
Business Survivability in Sheffield Neighbors, Chicago: All business types ranked in the #3 neighborhood

Technical note: Aggregated survivability rankings for Chicago are available in machine-readable format for research and integration purposes.

View technical data for Chicago

StreetSpring recalculates survivability using the latest competitive, demographic, and walkability data, so the live score may differ from the figures shown here.

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