Highland Park, IL

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Highland Park short-term rental market based on reliable data.

Listings

28 / 62

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$37,001

Middle-Earners Revenue

Occupancy

68%

Middle-Earners Occupancy

Home Value

$740,126

Median Home Sale Price

Top Earners

$68,371

Top-Earners Revenue

Highland Park

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Highland Park.

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B

Generally Investor friendly

Highland Park Regulations

Highland Park permits STRs with clear, structured regulations and a reasonable $30 annual registration fee per unit. The city provides comprehensive guidance, technical assistance, and no apparent caps on STR operations, though investors must complete registration and annual renewals with multiple forms.

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About Highland Park

Highland Park is a suburban city located in the southeastern part of Lake County, Illinois, United States, about 25 miles (40 km) north of downtown Chicago. Per the 2020 census, the population was 30,176. Highland Park is one of several municipalities located on the North Shore of the Chicago metropolitan area.

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