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Gage Park

191 restaurants have held a licence here since 2002. 74 are trading today. Rent tier: Tier 4 · Value.

How long restaurants last here

51%
still open four years on (171 matured)
61%
Chicago overall
5.8 yrs
median tenure

That is 10 points below the citywide rate. This measures outcomes, not the quality of a place. Access to capital, insurance, lending and daytime foot traffic all move it, and none of them appear in a licence record. Read it as a description of what has happened here, not as a verdict on the neighbourhood or on anyone trading in it.

What is open here now

The concept mix among the 74 restaurants currently trading. 8 opened in the last two years.

ConceptOpen nowShare
Mexican2838%
Restaurant (unspecified)1723%
Bakery / Dessert912%
Italian / Pizza57%
Coffee / Cafe57%
Chinese23%

Addresses that have turned over most

Storefronts in Gage Park that have hosted the most separate restaurants. A high count is not a verdict on the address either — but it is the first thing worth knowing before signing one, and it is the question a broker will not raise.

AddressRestaurantsOpen now
3143 W 51ST ST 1ST101History
3445 W 51ST ST 161History
2753 W 55TH ST60History
3500 W 59TH ST51History
2558 W 59TH ST50History
5632 S KEDZIE AVE 1ST51History
5407 S KEDZIE AVE 1ST41History
5158 S KEDZIE AVE 141History

A neighbourhood is not an address.

Everything above describes Gage Park as a whole. The record for one storefront is usually more decisive than the average around it, and the read scores a specific concept at a specific address for a specific operator.

Read an address in Gage Park