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Near South Side

158 restaurants have held a licence here since 2002. 61 are trading today. Rent tier: Tier 1 · Prime.

How long restaurants last here

67%
still open four years on (134 matured)
58%
Chicago overall
8.1 yrs
median tenure

That is 9 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 6 most common concepts among the 61 restaurants currently trading — shares are of that total, so they do not add to 100%. 12 opened in the last two years.

ConceptOpen nowShare
Restaurant (unspecified)1931%
Coffee / Cafe1118%
Bar / Tavern711%
American / Burger58%
Italian / Pizza47%
Latin / Caribbean23%

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

Watch Near South Side.

Everything above is the record as it stands today. Get an email when a new restaurant licence appears in Near South Side, and nothing at all in the weeks when none does. It covers openings only: a closure takes about three years to surface fully in the public record, and we will not send an alert we cannot stand behind.

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 for a specific operator against that storefront's own record.

Read an address in Near South Side