The Dime

Bars & Pubs · Chicago, IL

Business Summary

The Dime is a bar/pub located in 2263 North Lincoln Avenue, Chicago, IL, 60614. Scoring 42/100 digitally, the bar has basic online presence but lacks the social media engagement and review management needed to compete effectively.

Location & Competitors

Loading map...
Neighborhood
Urban Residential/Commercial Mix
Foot Traffic
High
Parking
Street parking available, some metered
Transit Access
Good - CTA bus routes, L station within walking distance
Nearby Landmarks
Wrigley FieldWhole FoodsLincoln Park Zoo

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Kelsey's
0m
20/100
Weak
Low
Tobacco Road Tap Room
0m
54/100
Average
High
Wise Fools Pub
0m
58/100
Average
High
Hook and Ladder
0m
28/100
Weak
Medium

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Revenue Range

ConservativeExpectedOptimistic

Financial Overview

Est. Revenue$500K-$900K annually
Price Range$$
Est. Employees4-10
Growth PotentialModerate to High - increasing foot traffic from new developments

Market Analysis

Market Size$3.5B Chicago hospitality market
Target DemographicsYoung professionals 25-40, nightlife enthusiasts

Consumer Trends

Experiential nightlife (trivia, karaoke, live music)Local craft brewery partnerships trendingOutdoor/patio dining demand post-COVID

Opportunities

  • Expand food menu with gastropub offerings
  • Add trivia or live music nights

SWOT Analysis

Strengths

Internal advantages

  • Live entertainment offerings
  • Established neighborhood reputation
  • Quality bar food menu

Weaknesses

Areas for improvement

  • Poor Google/Yelp ratings management
  • Inconsistent service quality
  • No food menu or limited options

Opportunities

External potential

  • Sports season driving bar traffic
  • Growing nightlife tourism in Chicago
  • Craft cocktail trend premiumization

Threats

External risks

  • Changing consumer preferences toward health/wellness
  • Increasing liquor license regulations
  • Economic downturn reducing nightlife spending

Strategic Recommendations

Quick Wins

Implement this week

Respond to all online reviews within 24 hours

List on Yelp, TripAdvisor, and bar directories

Growth Strategies

1-3 months

Partner with food trucks for kitchen-less food service

Develop a craft cocktail program with seasonal menus

Risks to Monitor

Ongoing vigilance

Noise complaints from residential neighbors

Over-investment in renovation without ROI analysis

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

The Event Series

Curated weekly event series at The Dime featuring local DJs, comedians, or artists to drive midweek traffic and build community.

2

Chicago Bar Crawl featuring The

Organized neighborhood bar crawl experience with The Dime as anchor stop, partnering with nearby venues for a ticketed social experience.

Digital Score

42/ 100
Fair

Quick Stats

Competitors4
Est. Revenue$500K-$900K annually
Digital Score42/100

Contact Info

2263 North Lincoln Avenue, Chicago, IL, 60614, 60614
Most popular

Unlock Full Analysis

Only 12% of businesses in this area have a growth strategy. Get a 20+ page deep-dive for The Dime — financials, competitors, and a step-by-step action plan.

Coming soon • Instant delivery in 5 minutes • Money-back guarantee