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Short Term Rentals For Sale| City Name | Property price | Cash on cash return | Rental Income | No. of Properties | Airbnb Occupancy Rate | ||
|---|---|---|---|---|---|---|---|
| Median | traditional | Airbnb | traditional | Airbnb | |||
| Springfield | $265,000 | 7% | 2% | $2,113 | $1,444 | 1,013 | 31% |
| Elgin | $414,900 | 4% | 1% | $2,745 | $1,983 | 167 | 31% |
| Oak Lawn | $239,900 | 5% | 1% | $2,132 | $1,386 | 125 | 26% |
| Schaumburg | $379,950 | 4% | 2% | $2,388 | $2,609 | 114 | 32% |
| Palatine | $390,000 | 4% | 1% | $2,466 | $1,735 | 109 | 31% |