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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% | $2,173 | $1,577 | 990 | 32% |
| Elgin | $385,000 | 3% | 1% | $2,433 | $2,076 | 289 | 34% |
| Oak Lawn | $262,450 | 5% | 1% | $2,169 | $1,529 | 152 | 29% |
| HOFFMAN ESTATES | $424,950 | 2% | 2% | $2,354 | $2,740 | 124 | 37% |