By Michael Lucci and Hilary Gowins
Chicago’s ban on food carts is costing the city jobs and revenue. The city has fallen behind its peers: Street vending from food carts is already legal in 23 of the 25 largest cities in the U.S.
The Illinois Policy Institute conducted a survey of nearly 200 Chicago food-cart street vendors to assess the social and economic impact of their activity on Chicago’s neighborhoods, and to project the potential economic gains that could be realized by legalizing and legitimizing this form of commerce. Institute research found that this form of commerce currently generates an estimated $35.2 million in annual sales, $16.7 million in annual income, 2,100 jobs and as many as 50,000 meals served per day. Legalizing this occupation holds the potential of dramatic growth in the industry.
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