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Updated over 4 years ago on . Most recent reply

User Stats

10
Posts
6
Votes
Jacob Lyons
  • Realtor
  • Chicago, IL
6
Votes |
10
Posts

Chicago Short Term Rental Regulations

Jacob Lyons
  • Realtor
  • Chicago, IL
Posted

Hello Chicago investor folks,

I am curious to see what anyone's experience has been with getting licensed for legal STR (Airbnb) units in Chicago? If the building has 4 or less units, how was the process of seeking a commissioner's adjustment for non-owner occupied units? If the building has 5 or more units, what was it like navigating that process?

The more recent the experience, whether successful or unsuccesful, the better as I see they've tightened the screws a couple times in the past year or so. 

Thanks!

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