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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% | $2,171 | $1,577 | 996 | 32% |
| Elgin | $359,950 | 4% | 2% | $2,641 | $2,076 | 166 | 34% |
| Oak Lawn | $275,000 | 5% | 1% | $2,260 | $1,710 | 143 | 29% |
| Lombard | $395,000 | 3% | 1% | $2,466 | $2,214 | 114 | 25% |
| Palatine | $399,000 | 3% | 1% | $2,454 | $2,090 | 112 | 31% |