Chicago, IL

#48 Overallrestricted regulations

Short-term rental market analysis · Data source: estimated · Updated April 2026

Avg Annual Revenue

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Avg Occupancy

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Avg Daily Rate

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Median Home Price

$340,000

Est. Cap Rate

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Active Listings

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restrictedRegulation Status

This market has regulatory restrictions on STRs, such as permit requirements, night minimums, owner-occupancy rules, or zone limitations. Research local rules before investing.

Check Regulation Details

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Methodology

Revenue, occupancy, and ADR data sourced from AirDNA market analytics. Median home price sourced from Zillow/Redfin estimates. Estimated cap rate = (average annual revenue × 60%) ÷ median home price. This is a simplified estimate — actual returns vary by property size, amenities, and management approach.