North Chicago Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Illinois, United States
Is Airbnb profitable in North Chicago in 2025? Explore comprehensive Airbnb analytics for North Chicago, Illinois, United States to uncover income potential. This 2025 STR market report for North Chicago, based on AirROI data from April 2024 to March 2025, reveals key trends in the niche market of 18 active listings.
Whether you're considering an Airbnb investment in North Chicago, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the North Chicago Airbnb data is crucial. Leveraging the low regulation environment is key to maximizing your short term rental income potential. Let's dive into the specifics.
Key North Chicago Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in North Chicago (2025)
Understanding the monthly revenue variations for Airbnb listings in North Chicago is key to maximizing your short term rental income potential. Seasonality significantly impacts earnings. Our analysis, based on data from the past 12 months, shows that the peak revenue month for STRs in North Chicago is typically April, while March often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in North Chicago across different performance tiers:
- Best-in-class properties (Top 10%) achieve $4,955+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $3,934 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $2,983 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $1,849, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in North Chicago
North Chicago Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the North Chicago STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Augustsees the highest demand (peak season occupancy), while June experiences the lowest (low season). Effective strategies, like adjusting minimum stays or offering promotions, can boost occupancy during slower periods. Here's how different property tiers perform in North Chicago:
- Best-in-class properties (Top 10%) achieve 77%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 66% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 47%.
- Entry-level properties (Bottom 25%) average 35% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in North Chicago
Average Daily Rate (ADR) Airbnb Trends in North Chicago (2025)
Effective short term rental pricing strategy in North Chicago involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in North Chicago typically peaks in December and dips lowest during April. Leveraging Airbnb dynamic pricing tools or strategies based on this seasonality can significantly boost revenue. Here's a look at the typical nightly rates achieved:
- Best-in-class properties (Top 10%) command rates of $303+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $201 or more.
- Typical properties (Median) charge around $163 per night.
- Entry-level properties (Bottom 25%) earn around $129 per night.
Average Daily Rate (ADR) Trend by Month in North Chicago
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Airbnb Seasonality Analysis & Trends in North Chicago (2025)
Peak Season (April, June, August)
- Revenue averages $3,531 per month
- Occupancy rates average 48.4%
- Daily rates average $165
Shoulder Season
- Revenue averages $3,052 per month
- Occupancy maintains around 52.4%
- Daily rates hold near $174
Low Season (January, March, September)
- Revenue drops to average $2,546 per month
- Occupancy decreases to average 46.4%
- Daily rates adjust to average $176
Seasonality Insights for North Chicago
- The Airbnb seasonality in North Chicago shows moderate seasonality with distinct peak and low periods. While the sections above show seasonal averages, it's also insightful to look at the extremes:
- During the high season, the absolute peak month showcases North Chicago's highest earning potential, with monthly revenues capable of climbing to $3,654, occupancy reaching a high of 65.3%, and ADRs peaking at $188.
- Conversely, the slowest single month of the year, typically falling within the low season, marks the market's lowest point. In this month, revenue might dip to $2,289, occupancy could drop to 37.1%, and ADRs may adjust down to $161.
- Understanding both the seasonal averages and these monthly peaks and troughs in revenue, occupancy, and ADR is crucial for maximizing your Airbnb profit potential in North Chicago.
Seasonal Strategies for Maximizing Profit
- Peak Season: Maximize revenue through premium pricing and potentially longer minimum stays. Ensure high availability.
- Low Season: Offer competitive pricing, special promotions (e.g., extended stay discounts), and flexible cancellation policies. Target off-season travelers like remote workers or budget-conscious guests.
- Shoulder Seasons: Implement dynamic pricing that balances peak and low rates. Target weekend travelers or specific events. Offer slightly more flexible terms than peak season.
- Regularly analyze your own performance against these North Chicago seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in North Chicago (2025)
Exploring the top neighborhoods for short-term rentals in North Chicago? This section highlights key areas, outlining why they are attractive for hosts and guests, along with notable local attractions. Consider these locations based on your target guest profile and investment strategy.
| Neighborhood / Area | Why Host Here? (Target Guests & Appeal) | Key Attractions & Landmarks |
|---|---|---|
| Evanston | A vibrant suburb of Chicago known for its cultural attractions and close proximity to the city. It's home to Northwestern University and offers beautiful lakefront parks, making it a great spot for visitors. | Northwestern University, Evanston's Lakefront, Museum of Contemporary Art, Downtown Evanston shops, Bverdia Park |
| Skokie | A diverse suburb with great amenities and access to public transportation, Skokie attracts visitors looking for a quieter stay while still having easy access to Chicago's attractions. | Skokie Northshore Sculpture Park, Old Orchard Shopping Center, Skokie Public Library, Skokie Theatre, Niles North High School |
| Lincoln Park | An affluent neighborhood with rich history, parks, and a zoo. Ideal for families and tourists seeking a blend of urban charm and nature. | Lincoln Park Zoo, Lincoln Park Conservatory, North Avenue Beach, DePaul University, Shopping on Armitage Avenue |
| Lakeview | Home to Wrigley Field and a vibrant nightlife, Lakeview is popular among younger crowds and sports fans, making it an attractive area for short-term rentals. | Wrigley Field, Boystown, Lakeview East, Lincoln Park, Southport Avenue shops |
| Gold Coast | An upscale neighborhood known for its luxury high-rises and historic mansions. It's near the Magnificent Mile, appealing to tourists seeking a high-end experience. | Oak Street Beach, Magnificent Mile, Chicago History Museum, Gold Coast shopping, Lincoln Park |
| River North | A chic neighborhood known for its art galleries and restaurants, River North attracts both business travelers and tourists wanting to explore Chicago's cultural scene. | Magnificent Mile, Chicago Riverwalk, Art galleries, Restaurant Row, Water Tower Place |
| Andersonville | A historic district with a strong Swedish heritage, Andersonville is known for its small-town feel, unique shops, and vibrant dining scene, appealing to travelers looking for a local experience. | Andersonville Galleria, Swedish American Museum, Midsommarfest, Clark Street shops, Bakeries and coffee shops |
| Wicker Park | A trendy and artistic neighborhood known for its live music venues and eclectic shops. Wicker Park attracts young visitors looking for a lively cultural scene. | Wicker Park, Devon Market, Benson Park, Shopping on Damen Avenue, Live music venues |
Understanding Airbnb License Requirements & STR Laws in North Chicago (2025)
While North Chicago, Illinois, United States currently shows low STR regulations, specific Airbnb license requirements might still exist or change. Always verify the latest short term rental regulations and Airbnb license requirements directly with local government authorities for North Chicago to ensure full compliance before hosting.
(Source: AirROI data, 2025, finding no licensed listings among those analyzed)
Top Performing Airbnb Properties in North Chicago (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in North Chicagobased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Cozy gated home | Minutes away from Navy bases.
Entire Place • 5 bedrooms
New Humble Home! - Near Great Lakes Naval Base!!
Entire Place • 4 bedrooms
Spacious 2-br, 1 bath home w/AC near Naval Base
Entire Place • 2 bedrooms
Modern 3BR Near Navy Base,Lake and Casino
Entire Place • 3 bedrooms
Cozy Home Away from Home
Entire Place • 3 bedrooms
New Home in North Chicago IL
Entire Place • 3 bedrooms
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in North Chicago (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in North Chicago based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Kev And Ellie | 3 | $99,778 | 146 | 4.66/5.0 |
| Nigel | 2 | $84,468 | 88 | 4.82/5.0 |
| Reginald | 1 | $54,743 | 93 | 4.91/5.0 |
| Charles | 1 | $45,181 | 64 | 4.89/5.0 |
| Robert | 1 | $44,900 | 25 | 4.88/5.0 |
| Nicole | 2 | $44,468 | 285 | 4.61/5.0 |
| Daniel | 1 | $40,897 | 83 | 4.76/5.0 |
| Naimat | 1 | $34,525 | 45 | 4.67/5.0 |
| Host #23975073 | 1 | $21,402 | 46 | 4.80/5.0 |
| Carmen | 2 | $20,909 | 36 | 4.76/5.0 |
Analyzing the strategies of top hosts, such as their property selection, pricing, and guest communication, can offer valuable lessons for optimizing your own Airbnb operations in North Chicago.
Dive Deeper: Advanced North Chicago STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for North Chicago. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsNorth Chicago Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for North Chicago
- The North Chicago Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 94.4% of the 18 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in North Chicago, House properties are the most common (66.7%), reflecting the local real estate landscape.
- Houses represent a significant 66.7% portion, catering likely to families or larger groups.
North Chicago Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for North Chicago
- The dominant room capacity in North Chicago is 3 bedrooms listings, making up 44.4% of the market. This suggests a strong demand for properties suitable for families or small groups.
- Together, 3 bedrooms and 1 bedroom properties represent 66.6% of the active Airbnb listings in North Chicago, indicating a high concentration in these sizes.
- A significant 61.1% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in North Chicago.
North Chicago Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for North Chicago
- The most common guest capacity trend in North Chicago vacation rentals is listings accommodating 6 guests (38.9%). This suggests the primary traveler segment is likely larger groups.
- Properties designed for 6 guests and 8+ guests dominate the North Chicago STR market, accounting for 72.2% of listings.
- 72.2% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in North Chicago.
- On average, properties in North Chicago are equipped to host 5.9 guests.
North Chicago Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for North Chicago
- The most common availability pattern in North Chicago falls within the 181-270 days range, representing 44.4% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 61.1% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
- For booked days, the 91-180 days range is most frequent in North Chicago (44.4%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 38.9% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
North Chicago Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
5 listings
35.7% of total
2 Nights
7 listings
50% of total
3 Nights
1 listings
7.1% of total
30+ Nights
1 listings
7.1% of total
Key Insights
- The most prevalent minimum stay requirement in North Chicago is 2 Nights, adopted by 50% of listings. This highlights the market's preference for shorter, flexible bookings.
- A strong majority (85.7%) of the North Chicago Airbnb data shows acceptance of very short stays (1-2 nights), indicating a dynamic, high-turnover market.
Recommendations
- Align with the market by considering a 2 Nights minimum stay, as 50% of North Chicago hosts use this setting.
- Explore offering discounts for stays of 30+ nights to attract the 7.1% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in North Chicago.
North Chicago Airbnb Cancellation Policy Trends Analysis (2025)
Flexible
1 listings
7.1% of total
Moderate
2 listings
14.3% of total
Firm
4 listings
28.6% of total
Strict
7 listings
50% of total
Cancellation Policy Insights for North Chicago
- The prevailing Airbnb cancellation policy trend in North Chicago is Strict, used by 50% of listings.
- A majority (78.6%) of hosts in North Chicago utilize Firm or Strict policies, indicating a market where hosts prioritize booking security.
Recommendations for Hosts
- Consider adopting a Strict policy to align with the 50% market standard in North Chicago.
- With 50% using Strict terms, this is a viable option in North Chicago, particularly for high-value properties or during peak demand periods.
- Regularly review your cancellation policy against competitors and market demand shifts in North Chicago.
North Chicago STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for North Chicago
- The overall average booking lead time for vacation rentals in North Chicago is 23 days.
- Guests book furthest in advance for stays during April (average 47 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in January (average 15 days), indicating more last-minute travel plans during this time.
- Seasonally, Spring (31 days avg.) sees the longest lead times, while Winter (17 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (23 days) as a baseline for your pricing and availability strategy in North Chicago.
- For April stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 47 days out to capitalize on advance planning.
- Target marketing efforts for the Spring season well in advance (at least 31 days) to capture early planners.
- Monitor your own booking lead times against these North Chicago averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in North Chicago (2025)
Amenity Prevalence
No amenities with partial availability (less than 100%) were found to display in the chart. All essential amenities might be present in all listings. Check insights below.
Amenity Insights for North Chicago
- Essential amenities in North Chicago that guests expect include: Cooking basics, Dishes and silverware, Wifi, Heating, Coffee maker, Smoke alarm, TV, Hot water, Oven, Backyard. Lacking these (any) could significantly impact bookings.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for North Chicago: Cooking basics, Dishes and silverware, Wifi, Heating, Coffee maker, Smoke alarm, TV, Hot water, Oven, Backyard.
- Highlight unique or less common amenities you offer (e.g., hot tub, dedicated workspace, EV charger) in your listing description and photos.
- Regularly check competitor amenities in North Chicago to stay competitive.
North Chicago Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for North Chicago
- The typical guest profile for Airbnb in North Chicago consists of primarily domestic travelers (98%), often arriving from nearby New York, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or Spanish.
- Domestic travelers account for 97.9% of guests.
- Key international markets include United States (97.9%) and Canada (0.5%).
- Top languages spoken are English (75.4%) followed by Spanish (20.1%).
- A significant demographic segment is the Post-2000s (Gen Z/Alpha) group, representing 50% of guests.
Recommendations for Hosts
- Target domestic marketing efforts towards travelers from New York and Los Angeles.
- Tailor amenities and listing descriptions to appeal to the dominant Post-2000s (Gen Z/Alpha) demographic (e.g., highlight fast WiFi, smart home features, local guides).
- Highlight unique local experiences or amenities relevant to the primary guest profile.
- Consider seasonal promotions aligned with peak travel times for key origin markets.
Nearby Short-Term Rental Market Comparison
How does the North Chicago Airbnb market stack up against its neighbors? Compare key performance metrics like average monthly revenue, ADR, and occupancy rates in surrounding areas to understand the broader regional STR landscape.
| Market | Active Properties | Monthly Revenue | Daily Rate | Avg. Occupancy |
|---|---|---|---|---|
| Town of Sugar Creek | 17 | $8,213 | $658.36 | 50% |
| Twin Lakes | 26 | $6,719 | $515.43 | 45% |
| Town of Wilson | 13 | $6,118 | $585.55 | 38% |
| Summit | 10 | $5,464 | $466.57 | 39% |
| Fennville | 10 | $5,326 | $372.77 | 44% |
| Saugatuck Township | 140 | $5,282 | $462.94 | 43% |
| Laketown Township | 62 | $5,207 | $457.63 | 45% |
| Port Sheldon Township | 27 | $5,185 | $511.35 | 52% |
| Lake Geneva | 167 | $4,958 | $408.65 | 44% |
| Lake Villa | 10 | $4,889 | $294.85 | 57% |