Last updated on May 13th, 2024
Best Places to Buy an Airbnb in Illinois
Last updated on: 12th May, 2024
USA / Illinois
We have gathered up all the important short-term rental indicators for you, so you don’t have to spend hours.
These are the 66 best places to start an Airbnb in Illinois, with an average host revenue of $2.45K+/month. A typical listing is booked for 237 nights a year. Madison (39.3%), Decatur (33.4%), Macomb (33.4%) are the most profitable Airbnb locations with the highest Net Short Term Rental yields.
Our Methodologies Data explanations … Read More
Occupancy Rate: It tells how often was a typical active property occupied over the last 12 months? The formula is “number_of_booked_days / number_of_available_days”.
Average Daily Rate: How much did hosts in this market charge per day over the last 12 months? This does not include cleaning fees.
Revenue: What’s the median revenue a property in this market generated over the last 12 months? This Revenue figure represents the median over the past 12 months and does not include taxes, service fees, or additional guest fees.
Number of listings: It is the total active listings over the past 12 months.
How do we collect the data?
Airbtics’ primary data source is attained through a web scraping software that directly takes data points from Airbnb. We also have secondary data sources from Airbnb hosts via iCal or vacation rental managers.
Airbtics’ primary data source is attained through a web scraping software that directly takes data points from Airbnb. We also have secondary data sources from Airbnb hosts via iCal or vacation rental managers.
How accurate is the data?
Airbtics is dedicated to providing the most accurate data available in the market. Through the application of data science and machine learning algorithms, we train our various classifiers to consistently improve our data’s accuracy.
Airbtics is dedicated to providing the most accurate data available in the market. Through the application of data science and machine learning algorithms, we train our various classifiers to consistently improve our data’s accuracy.
In addition to this, we make predictions based on Airbnb’s total revenue and it is 97% correlated with Airbnb’s official statement.
Top 66 Markets in Illinois, USA to Invest
Madison, IL
Alton, IL
Loves park, IL
Decatur, IL
Peoria, IL
Belleville, IL
East peoria, IL
Galesburg, IL
Macomb, IL
Mchenry, IL
Moline, IL
Peoria heights, IL
Springfield, IL
Kankakee, IL
Palos hills, IL
Lisle, IL
Woodstock, IL
Rock island, IL
Homewood, IL
Oak lawn, IL
Crystal lake, IL
Calumet city, IL
Quincy, IL
Downers grove, IL
Urbana, IL
Lombard, IL
Pekin, IL
Chillicothe, IL
Rolling meadows, IL
Edwardsville, IL
Forest park, IL
Wheaton, IL
Glenview, IL
Berwyn, IL
Oak park, IL
Naperville, IL
Joliet, IL
East moline, IL
Chicago, IL
Des plaines, IL
Elmhurst, IL
Waukegan, IL
Bloomington, IL
Darien, IL
Champaign, IL
Evanston, IL
Pontiac, IL
Aurora, IL
Wilmette, IL
Westmont, IL
Morton grove, IL
Skokie, IL
Mount prospect, IL
Elgin, IL
Schaumburg, IL
Arlington heights, IL
Highland park, IL
River forest, IL
Palatine, IL
Mundelein, IL
Yorkville, IL
Woodridge, IL
Galena, IL
Elmwood park, IL
Rockford, IL
