Chicago, IL Short-Term Rental / Airbnb Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Chicago, IL. Based on 15+ datapoints.
Chicago, IL Short-Term Rental / Airbnb Investment Snapshot
Based on 15+ short-term rental / airbnb datapoints
Median Cap Rate
4%
Avg Cash on Cash
-11%
Median Cashflow
-$565/mo
Avg Rent Estimate
$2,325/mo
Avg Price
$268,815
Price Range
$75K – $450K
approximate
Rent to Price
0.86%
okay ratio
Positive Cashflow
8%
of analyzed properties
Recent real estate investor listings analysed as short-term rental / airbnb deals in Chicago, IL
Chicago, IL is an emerging short-term rental market with growing investor interest. With 15+ datapoints analyzed so far, early metrics suggest opportunity for Airbnb investors willing to enter before the market matures. Current average cash-on-cash returns sit at -11%.
Across 15+ analyzed properties, Chicago, IL STR investments show a median monthly cashflow of -$565 with an average estimated nightly-rate-adjusted revenue of $2,325/month. These figures reflect real property data, not projections.
Chicago, IL Airbnb Market Insights
- Median cashflow is -$565/month — careful deal selection is essential here
- 4% median cap rate is typical of appreciation-focused markets
- At 8% positive cashflow rate, Chicago, IL requires selective property picks
- Moderately priced market with properties priced about $75,000 to $450,000
- Early-stage market data — revisit as more properties are analyzed for stronger signals