Des Plaines, IL

  • Overview
  • Performance
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Key Performance Metrics

Market snapshot

Performance indicators for the Des Plaines short-term rental market based on reliable data.

Listings

40 / 124

Reliable / Active

Cap Rate

11%

Middle-Earners Gross Yield

Revenue

$37,599

Middle-Earners Revenue

Occupancy

70%

Middle-Earners Occupancy

Home Value

$349,129

Median Home Sale Price

Top Earners

$76,568

Top-Earners Revenue

Des Plaines

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Des Plaines.

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B

Generally Investor friendly

Des Plaines Regulations

STRs are explicitly allowed under Des Plaines’ general rental license, with relatively low fees, simple documentation, and a single 4‑hour class, indicating friendliness. However, the city council is actively reviewing stricter rules that could impose caps and limits, creating regulatory uncertainty and a moderate compliance burden typical of B‑grade jurisdictions.

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About Des Plaines

Des Plaines is a midsized suburban city in Cook County, Illinois, situated along the Des Plaines River just northwest of Chicago. With a population of roughly 58,000, it carries a comfortable, middle-class suburban character that blends residential neighborhoods with a compact downtown, light industry, and a notable stretch of forest preserve. The city is best known as the home of O'Hare International Airport, much of which sits within its borders, and as the site of the first McDonald's franchise restaurant. Its position roughly seventeen miles northwest of downtown Chicago, paired with direct access to major interstate highways, makes it a practical gateway for travelers exploring the Chicago metropolitan area without the cost or congestion of staying in the city itself.

A visit to the McDonald's #1 Store Museum offers a slice of fast-food history. The small museum, located in a replica of the original 1955 franchise building that Ray Kroc opened in Des Plaines, displays vintage memorabilia, old menu items, and photographs from the chain's earliest days. It sits just a few minutes' drive from the city's downtown core and remains a popular stop for those curious about American commercial history.

Just minutes west of downtown Des Plaines, the Des Plaines River Trail winds through miles of restored prairie, woodland, and wetland, offering one of the most accessible green corridors in the northern suburbs. Cyclists, joggers, and walkers can follow the trail for long stretches in either direction, with connections to several Cook County forest preserves. The trail is well-maintained, free to use, and offers a quiet counterpoint to the dense suburban development that surrounds it.

A short drive south of the city center, Busse Woods (Ned Brown Forest Preserve) provides more than 3,700 acres of forest, meadow, and water for hiking, biking, picnicking, and fishing. The preserve surrounds Busse Lake, where visitors can rent paddle boats in the warmer months. It is one of the largest and most-visited forest preserves in the Cook County system and draws a steady stream of weekend visitors from across the northwest suburbs.

For entertainment, the Rivers Casino Des Plaines anchors the city's southern edge near the river. As the first land-based casino in the Chicago area, it features gaming floors, restaurants, and live entertainment, attracting visitors from across the region and giving Des Plaines a nightlife element unusual for a suburb of its size.

Des Plaines works well as a base for short-term rental guests who want proximity to O'Hare, a short commute or transit ride into Chicago, and easy access to outdoor recreation along the river and surrounding forest preserves. Its blend of practical location, historic curiosity, and natural space gives the city a broader appeal than its suburban profile might suggest.

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