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Near South Side

155 restaurants have held a licence here since 2002. 68 are trading today. Rent tier: Tier 1 · Prime.

How long restaurants last here

66%
still open four years on (131 matured)
61%
Chicago overall
8.1 yrs
median tenure

That is 5 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 68 restaurants currently trading. 13 opened in the last two years.

ConceptOpen nowShare
Restaurant (unspecified)1928%
Coffee / Cafe1319%
Bar / Tavern710%
American / Burger69%
Italian / Pizza46%
Fried Chicken34%

Addresses that have turned over most

Storefronts in Near South Side 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
1250 S MICHIGAN AVE C60History
2113 S STATE ST 1ST51History
1307 S WABASH AVE41History
1303 S MICHIGAN AVE 141History
2525 S DR MARTIN LUTHER KING JR DR 1ST41History
1400 S MICHIGAN AVE 1ST A32History
1300 S WABASH AVE30History
67 E CERMAK RD UNIT D31History

A neighbourhood is not an address.

Everything above describes Near South Side 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 Near South Side