Regulatory Overview
State STR LicenseNot Required
State Preemption LawNo
Permit RequiredLocal Level Only
Owner-Occupied RequiredNo
Last Verified2026-02
Tax Breakdown
6.25%
State Sales Tax
6%
Lodging / TOT
Est. Total Tax Burden~17%
Total is an estimate. Local taxes, county surcharges, and platform fees vary. Always verify with your local tax authority.
Key Rule Summary
No state preemption. Chicago requires STR registration, limits per building, and primary residence for shared housing. Suburban areas generally permissive.
Major City Rules
3 cities tracked
Chicago
Highly Restricted
Shared Housing ordinance: registration required, primary residence only in some tiers, building cap of 25%/6 units
Champaign
Host Friendly
Business license, local tax
Galena
Host Friendly
Popular STR market, permissive
Housing Market Data — US Census ACS
ACS 5-Year 2022
5,427,357
Total Housing Units
8.4%
Vacancy Rate
66.7%
Owner-Occupied
33.3%
Renter-Occupied
46,364
Seasonal/Vacation Units
0.9%
Seasonal Unit %
Source: US Census Bureau ACS 5-Year Estimates · Seasonal/vacation units are a proxy for STR-receptive housing stock.