Chicago, Illinois Short Term Rental Laws
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Chicago, IL Short Term Rental Law Summary
Source Url #1
- All shared housing units in Chicago are required to have an approved Registration Number to list on a platform.
- Hosts must submit an application to receive a determination of eligibility for a Registration Number.
- There is a Shared Housing Registration Portal where hosts can begin the registration process.
- There is a Sharing Housing Eligibility Quiz that hosts can take to see if their unit may be eligible for shared housing.
- Some common eligibility requirements for shared housing units include:
- The unit must be the host's primary residence.
- There can only be a maximum of 1 active rental unit.
- In some cases, the unit does not need to be the host's primary residence, but there is a maximum limit of one-quarter of the total number of dwelling units or 6 rental units, whichever is less.
- If a shared housing host is approved for more than one registration, they must obtain a Shared Housing Unit Operator License (SHUOL).
- The SHUOL can be applied for at Chicago Business Direct.
Chicago, IL Short Term Rental Law Summary Continued
Source Url #2
- A "shared housing unit" refers to a dwelling unit containing 6 or fewer sleeping rooms that is rented for transient occupancy by guests.
- Shared housing hosts are required to register their units with the Department of Business Affairs and Consumer Protection.
- Registration applications must include information such as the host's name and address, contact information, and whether the unit is the host's primary residence.
- Shared housing hosts must display their registration number in all advertisements, listings, rental agreements, and bookings for future rental.
- There are operating requirements for shared housing hosts, including providing clean linens and utensils, notifying the police of illegal activity, and complying with smoke alarm and carbon monoxide detector regulations.
- Shared housing hosts must comply with tax laws and collect and pay applicable taxes.
- Violations of regulations can result in fines and the suspension or revocation of registration.
- The commissioner has the authority to promulgate rules necessary for implementing these regulations.
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