Chicago tries again to crack down on Airbnbs, vacation rental industry - Chicago Sun-Times

7 months agoChicago, ILScore: 85
Regulations & Compliance
Local News
Local Regulations
Permits

Summary

The city of Chicago is attempting to further regulate the short-term rental (STR) industry, which may impact existing and prospective hosts. Hosts should stay informed about potential new regulations and compliance requirements to ensure they are operating legally.

Key Insights

  • •The city of Chicago is trying to crack down on Airbnbs and the vacation rental industry.

Action Items

  • ✓
    Hosts should monitor local news and government websites for updates on STR regulations.
    Effort: low
    Impact: medium

Watch Out For

  • ⚠Failing to comply with new regulations could result in fines or other penalties.