Airbnb & VRBO Performance in Des Plaines Illinois.

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Des Plaines, Illinois: Airbnb & VRBO Vacation Rental Market Overview

The short-term rental market in Des Plaines, Illinois, is thriving, with high occupancy rates during peak seasons, attractive pricing opportunities, and a diverse demand driven by its proximity to O'Hare International Airport and downtown Chicago.

Market overview

Thriving Short-Term Rental Market in Des Plaines, Illinois

Des Plaines, Illinois, is experiencing a robust short-term rental market, driven by its strategic location near O'Hare International Airport and downtown Chicago. The city's unique blend of suburban tranquility and urban accessibility makes it an attractive destination for both tourists and business travelers. During the peak season, which typically begins in late spring and extends through the summer months, Airbnb hosts in Des Plaines can expect higher occupancy rates and the potential to charge higher prices. This period coincides with numerous outdoor events, festivals, and family vacation plans, leading to increased demand. While winter months see a dip in bookings, the holiday season in December brings a brief surge in demand, contributing to a dynamic and profitable rental market. With careful management, including adjusting prices according to seasonal trends and providing exceptional customer service, hosts can maximize their revenue and capitalize on the city's appealing amenities and events.

Short Term Regulations

Short-Term Rental Regulations in Des Plaines, Illinois for 2024

General Requirements

  • Rental License: All housing providers renting out their property in Des Plaines must acquire a rental license under the Des Plaines village code. The cost for this license is less than $200 per year for condos, townhomes, and single-family homes.

Licensing and Inspection

  • Annual Rental License Inspection: An annual rental license inspection is required for all rentals registered under the rental license requirement.
  • Pre-Licensing Inspection: You cannot start marketing your property until you have received the rental license. No marketing or tenant move-in is allowed without a valid license.

Compliance with Local and County Ordinances

  • Cook County Just Housing Amendment: Housing providers must follow the Just Housing Amendment, which dictates how to underwrite potential rental applications.
  • Cook County Residential Tenant Landlord Ordinance (RTLO): Providers must comply with the RTLO, which includes several restrictions and has severe consequences for non-compliance.

Additional Requirements

  • Crime Free Housing Seminar: Housing providers must participate in the Crime Free Housing Seminar and complete a test at the end, although this requirement can be handled by a property management company like GC Realty & Development LLC.

Specific Lease and Tenant Requirements

  • Lease Template: There is a specific lease template and additional forms required by the Village of Des Plaines and the Cook County RTLO that must be used when signing up a new tenant.

Note on Short-Term Rental Specifics

  • While Des Plaines has lenient short-term rental regulations compared to some other areas, the general rental license requirements and inspections still apply. However, specific short-term rental regulations are not as strictly enforced, as indicated by the lack of license numbers on many Airbnb listings.
Neighborhood Performance

Top Neighborhoods for Airbnb Revenue in Des Plaines, Illinois

Why These Neighborhoods Are Appealing

Des Plaines, Illinois, offers several neighborhoods that are highly attractive for Airbnb guests due to their proximity to key attractions, amenities, and convenient access to major hubs like O'Hare International Airport. Here are the top neighborhoods generating significant Airbnb revenue:

1. Areas Near O'Hare International Airport

  • Appeal: Proximity to O'Hare Airport makes these areas highly desirable for travelers, especially those with early flights or layovers. Properties here often feature free parking, which is a significant advantage.
  • Revenue Potential: Listings near the airport tend to have higher occupancy rates and daily rates, contributing to higher annual revenues. For example, properties like "Entire house, close to O'Hare airport" can generate substantial revenue due to their strategic location.

2. Rivers Casino Area

  • Appeal: The Rivers Casino is a major attraction, drawing visitors who are interested in entertainment and gaming. This area is also close to other amenities and dining options, making it appealing for guests looking for a vibrant experience.
  • Revenue Potential: Properties near the Rivers Casino benefit from the constant flow of visitors, leading to higher occupancy rates and revenue. Listings such as "Outstanding O’Hare Oasis- by River’s Casino" showcase the potential for high revenue in this area.

3. Lake Opeka and Surrounding Parks

  • Appeal: Lake Opeka and nearby parks like Lake Park, Gross Point Park, and Picnic Grove Park offer scenic views and recreational activities, making them attractive for families and nature lovers.
  • Revenue Potential: These areas provide a serene and family-friendly environment, which can attract longer-term stays and higher revenue, especially during peak seasons.

4. Randhurst Village and Downtown Des Plaines

  • Appeal: Randhurst Village and the downtown area offer shopping, dining, and entertainment options, making them appealing for guests who want to experience local culture and convenience.
  • Revenue Potential: Properties in these areas can capitalize on the local amenities, attracting a mix of business travelers and tourists, which can lead to stable and profitable Airbnb operations.

5. Historical and Cultural Attractions

  • Appeal: Areas near the Des Plaines Historical Museum, McDonald's #1 Store Museum, and other historical sites attract visitors interested in history and culture.
  • Revenue Potential: These unique attractions can draw a dedicated audience, ensuring a steady stream of bookings and revenue, especially during tourist seasons.

These neighborhoods in Des Plaines are highly appealing due to their combination of convenience, amenities, and attractions, making them prime locations for generating significant Airbnb revenue.

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Design Tips

Tips for Furnishing and Designing an Inviting Airbnb in Des Plaines, Illinois

Define Your Property's Aesthetic

  • Align your furniture and decor with the local style, which often blends suburban comfort with modern amenities. Consider the city's mix of residential and commercial areas to create a welcoming and familiar atmosphere.

Choose Functional and Comfortable Furniture

  • Ensure each piece of furniture serves a purpose and is useful to guests. Avoid unnecessary decor and focus on items that enhance the guest experience, such as storage cabinets and multi-functional tables.

Select Easy-to-Clean Furniture

  • Opt for furniture that is easy to clean, such as leather or wipeable surfaces. Use ScotchGuard on fabrics and consider wooden headboards and chairs for simplicity in maintenance.

Protect and Enhance Your Floors

  • Use rugs to protect hardwood floors and add a homier feel to the space. Choose rug sizes that fit the room's dimensions, and consider using rug pads for extra cushion and stability.

Elevate Your Aesthetic with Lighting and Mirrors

  • Replace harsh overhead lighting with smaller, warmer lights to create a soothing ambiance. Use mirrors to reflect natural light and make the space feel larger.

Ensure Furniture Fits the Space

  • Measure your rooms carefully to select furniture that fills the space appropriately. For high ceilings, use taller pieces, and consider mirrors above dressers to fill walls and provide additional preparation areas.

Add Local and Rustic Touches

  • Incorporate elements that reflect the local surroundings, such as wood accents and neutral color palettes. This blend of modern and rustic aesthetics can enhance the unique appeal of your property.

Provide Hotel-Like Convenience

  • Include amenities like coffee makers, well-equipped kitchens, and comfortable outdoor spaces to offer a home-away-from-home experience with hotel-like convenience.

Secure Large Items

  • Mount TVs and large mirrors to the wall to ensure safety and maintain a clean, organized look.

Update with Accent Pieces

  • Use accent chairs, lamps, and table lamps to easily update the look of your space without replacing major furniture pieces. This can help keep the space fresh and appealing to guests.

Consider Family-Friendly and Pet-Friendly Amenities

  • Since Des Plaines attracts families and pet owners, ensure your furniture and decor are suitable for these groups. Include amenities like extra storage for toys and pet-friendly areas.
Insider Tips

Discover Des Plaines, Illinois: Local Attractions and Insider Tips

Local Attractions

1. Des Plaines Lake Park

  • A 60-acre park featuring Lake Opeka, perfect for picnics, hiking, sailing, and boating. The lake is stocked with largemouth bass, pike, catfish, and more.

2. Mystic Waters Family Aquatic Center

  • The largest water park in northern Illinois, offering a zero-depth pool, a 550ft-long lazy river, and various water attractions and games.

3. Des Plaines History Center

  • A historic home and modern visitor center showcasing over 31,000 items, providing insights into the city's history from aviation to fashion.

4. Rivers Casino

  • Located adjacent to the Tri-State Tollway, offering a 140,000-square-foot casino with various gaming options and entertainment.

5. Des Plaines Theater

  • A historic theater hosting live performances, classic movies, and featuring a hidden lobby bar and an authentic 1920s tavern.

6. Mountain View Adventure Center

  • Offers miniature golf, batting cages, skate and BMX bike facilities, and boating, making it a one-stop destination for recreational activities.

7. Kennicott’s Grove Nature Preserve

  • A nature preserve with the historical home of John Kennicott, featuring trails, animal exhibits, and a log cabin.

8. Prairie Lakes Park

  • A park with fishing opportunities, walking paths, picnic shelters, and basketball and volleyball courts.

9. Des Plaines Methodist Camp Ground

  • Listed on the National Register of Historic Places, this camp ground hosts concerts, day camps, swimming, and other recreational activities during the summer.

10. Big Bend Lake

- A 27-acre lake linked to the Des Plaines River, popular for fishing and other water activities.

Insider Tips

For Nature Lovers

  • Lake Opeka Shoreline: Enjoy tranquil waters and scenic landscapes at Lake Opeka, a man-made lake built in 1963.
  • Walking Trails: Explore the various walking trails at Lake Park and Prairie Lakes Park for a peaceful retreat.

For Families

  • Mystic Waters: Plan a summer day at Mystic Waters for a fun-filled experience with water attractions and games.
  • Picnic Spots: Utilize the picnic shelters and benches at Lake Park and Prairie Lakes Park for family gatherings.

For History Enthusiasts

  • Des Plaines History Center: Visit the Kinder House Museum and the Visitor/Education Center to delve into the city’s rich history.
  • Des Plaines Methodist Camp Ground: Learn about the historical significance of this camp ground, which predates the city.

For Entertainment

  • Des Plaines Theater: Catch a live performance or classic movie at this historic theater, and explore the hidden lobby bar and 1920s tavern.
  • Rosemont Theatre: Although technically in Rosemont, it's close enough to Des Plaines and offers a variety of shows and events.

For Gamers and Thrill-Seekers

  • Rivers Casino: Spend an evening gaming or enjoying the entertainment options at Rivers Casino.
  • Mountain View Adventure Center: Engage in miniature golf, batting cages, or skate and BMX bike activities for a fun-filled day.

By providing these local attractions and insider tips, your Airbnb guests can fully experience the diverse offerings of Des Plaines, Illinois.

Practical Tips

Practical Tips to Run a Successful Short-Term Rental Business in Des Plaines, Illinois

To ensure a smooth and profitable short-term rental business in Des Plaines, Illinois, several practical tips can make a significant difference.

Noise Regulations and Quiet Hours

Inform your guests about the local noise regulations and quiet hours to avoid any potential issues. Des Plaines has specific rules that hosts must adhere to, and communicating these clearly in your house manual or welcome message can help maintain a peaceful environment for both guests and neighbors.

Comprehensive House Manual

Create both digital and physical house manuals that include essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This manual should also outline the house rules, including noise regulations, to ensure guests are well-informed and respectful of the property.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide clear instructions on how to use the smart locks, and consider adding a video tutorial to your house manual. Additionally, include detailed parking instructions with photos to help guests navigate any parking challenges.

Compliance with Local Regulations

Ensure you comply with all local regulations, including obtaining the necessary rental licenses and adhering to the annual inspection requirements mandated by the Village of Des Plaines. This not only avoids fines and penalties but also maintains a positive reputation for your rental business.

By implementing these practical tips, you can enhance the guest experience, reduce potential issues, and ensure your short-term rental business in Des Plaines operates smoothly and successfully.

Local Vendors

Here is a brief list of house cleaning providers in Des Plaines, Illinois:

House Cleaning Providers in Des Plaines, IL

House Keep Up

  • Offers standard, deep, and move-in/out cleaning services.
  • Provides residential and commercial cleaning.
  • Uses professional-grade supplies and equipment.
  • Offers recurring cleaning services and a satisfaction guarantee.

Sparkly Maid

  • Provides 100% satisfaction guaranteed house cleaning services.
  • Uses a 55-point cleaning checklist and includes all cleaning supplies.
  • Offers discounts for regular cleaning services and various types of home cleanings (e.g., apartments, condos, townhouses).

MaidPro

  • Offers customized maid services, including weekly, bi-weekly, or one-time cleanings.
  • Designs cleaning services around the client's needs.

LizMarie Cleaning Services

  • Specializes in thorough deep cleaning services, including move-in and move-out cleanings.
  • Provides spotless home cleaning services.

These providers are well-regarded for their professional and reliable house cleaning services in Des Plaines, IL.

Management fees

Des Plaines, Illinois: Understanding Short-Term Rental Management Fees

In Des Plaines, Illinois, short-term rental management fees can vary significantly, typically ranging from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management companies, which handle comprehensive tasks such as guest communication, marketing, and maintenance, tend to charge fees on the higher end of this spectrum, often starting at 15% to 25% of the rental income.

Basic services, which may include only the essential management tasks, can be less expensive but still fall within this range. Additional fees may apply for services like cleaning, repairs, or design enhancements. For instance, companies like Summer and Awning charge fees starting at 20% and 15% respectively, with variations based on property size, type, location, and annual revenue.

Understanding these fee structures is crucial for property owners to ensure they are getting the best value for their investment while complying with local regulations and optimizing their rental income.

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Why choose RedAwning

RedAwning is a tech leader in full-service short-term rental management, powered by our exclusive, unmatched tools.
Other property managers
Cost
Starting at 10%
25-40%
Guest communications
5-15 mins / 24 hours a day
1 hour+
Host communications
Dedicated phone and text line with no time on hold
Chat bots, hold lines and email threads
Insurance
Robust liability and dwelling coverage for every reservation
Spotty coverage with low claim approval rates
Contract
No cancellation fees
No contract lock-in
Just 90 days notice to cancel
Cancellation penalties
Number of Channels Your Listing is On
50+
2-4

Experience in numbers

Rest well knowing your property is managed by an experienced team powered by world-class technology.
+10-30%
in gross revenue
4.8 stars
guest rating
14+ years
managing STRs

Short Term Rental Calculator

Find out how much your property in Des Plaines should generate as a short term rental and look at the performance of properties around yours.

35,000+ Properties
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Furnishing checklist

This comprehensive checklist ensures that your rental is guest-ready with all the essentials to create a comfortable and memorable experience in Des Plaines.

Living Room
Seating: Sofa, armchairs, and ottomans
Coffee Table
Entertainment: Smart TV (with streaming apps) and remote control
Decor: Area rug, wall art, plants, and throw pillows
Lighting: Floor lamp or table lamps
Charging Stations: Power strips or outlets with USB ports
Bedrooms
Beds: High-quality mattress with mattress protector
Linens: At least two sets of sheets per bed
Pillows: Hypoallergenic pillows (2-4 per bed)
Blankets: Extra throw blankets or quilts
Nightstands: With lamps or charging docks
Closet or Storage: Hangers, dresser, or luggage rack
Blackout Curtains or Shades
Bathrooms
Towels: Bath towels, hand towels, washcloths (2 sets per guest)
Shower Curtain & Liner
Toiletries: Shampoo, conditioner, body wash, hand soap
Bathroom Essentials: Toilet paper, tissues, trash bin
Hairdryer
Mirror: Full-length or wall mirror
Dining Area
Dining Table: Seating for the maximum number of guests
Place Settings: Placemats or tablecloths
Centerpiece: Vase with flowers or decorative piece
Kitchen
Appliances: Refrigerator, microwave, toaster, coffee maker, kettle
Cookware: Pots, pans, baking trays
Utensils: Forks, knives, spoons, spatulas, tongs
Dinnerware: Plates, bowls, glasses, mugs (2 sets per guest)
Cutting Board & Knives
Basic Spices & Condiments: Salt, pepper, oil
Cleaning Supplies: Sponge, dish soap, paper towels, trash bags
Outdoor Space (if applicable)
Seating: Outdoor chairs, benches, or lounges
Table: For outdoor dining or drinks
Lighting: String lights or outdoor lanterns
Grill: With necessary utensils and instructions
Outdoor Trash Bin
Extras to Elevate Guest Experience
Welcome Basket: Snacks, water bottles, or wine
Guidebook: Local recommendations and house rules
Board Games or Books: Entertainment for guests
Umbrella & Flashlight
Iron & Ironing Board
Laundry: Washer, dryer, and detergent (if available)
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⇤ Airbnb Statistics for Illinois