Short-Term Rental Properties in Illinois | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Short Term Rental Investment Properties for Sale in Illinois

Why Invest in Illinois?

Illinois short-term rental investments offer compelling returns in a mature market with strong tourism infrastructure and diverse property types. The state benefits from Chicago's convention economy, regional leisure travel, and consistent demand across urban and suburban markets. Short-term rentals in Illinois typically generate higher yields than traditional long-term rentals while leveraging the state's established hospitality ecosystem. With favorable regulatory environments in many municipalities and access to a large renter pool, Illinois provides stable cash flow and appreciation potential for investors seeking diversified income streams.

8.5%
Avg. ROI
6.2%
Rental Yield
5.8%
Cap Rate
$1850/mo
Avg. Cash Flow
$2100/mo
Avg. Rent
3.1%
1Y Appreciation

Frequently Asked Questions

Illinois regulations vary by municipality. Chicago requires short-term rental licenses and limits licenses per owner. Many suburbs prohibit short-term rentals in residential zones or require special permits. Always verify local ordinances before purchasing, as regulations continue to evolve.

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