Airbnb in Chicago

Airbnb in Chicago

Hi,

Currently a Superhost in New York City. The ability to do Airbnb in NYC is becoming increasingly difficult due to newly enacted legislation. I'm thinking of possibly doing it in Chicago, and would like to know what the lay of the land is there. What are the challenges, is it better to rent out a place and Airbnb, or buy it, etc. Thanks and looking forward to your responses.

3 Replies 3
Michelle53
Level 10
Chicago, IL

Probably the place to start would be to read the full text of the ordinance passed in 2016 by Chicago City Council. 

https://assets.airbnb.com/legal/chicago_ordinance_2016.pdf

 

Most relevant is the section regarding shared housing toward the end, but it helps to know the definitions of "vacation rental", "bed and breakfast" and "shared housing"

Brandon517
Level 1
Chicago, IL

Would anybody be willing to share what welcome guide/display they use? I'm currently creating one using QR that connects guests to the local economy and would like to pick your brain about it!

Helen3
Level 10
Bristol, United Kingdom

Not quite sure why you posted this question on an unrelated topic @Brandon517 

 

It doesn't appear from your profile you are a host? 

Is this for a business you want to start up?