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Hyde Park

197 restaurants have held a licence here since 2002. 97 are trading today. Rent tier: Tier 2 · Strong.

How long restaurants last here

77%
still open four years on (176 matured)
61%
Chicago overall
10.5 yrs
median tenure

That is 16 points above 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 97 restaurants currently trading. 10 opened in the last two years.

ConceptOpen nowShare
Restaurant (unspecified)2425%
Coffee / Cafe2122%
Italian / Pizza99%
Sandwich / Sub77%
Bakery / Dessert66%
American / Burger66%

Addresses that have turned over most

Storefronts in Hyde 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
1301 E 53RD ST 151History
1368 E 53RD ST51History
1418 E 53RD ST 1ST 542History
1321 E 57TH ST41History
5700 S MARYLAND AVE 1ST43History
5319 S HYDE PARK BLVD 1ST41History
5500 S SHORE DR 1ST32History
1519 E 55TH ST31History

A neighbourhood is not an address.

Everything above describes Hyde 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 Hyde Park