Romeoville, IL

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

26 / 120

Reliable / Active

Cap Rate

15%

Middle-Earners Gross Yield

Revenue

$45,631

Middle-Earners Revenue

Occupancy

62%

Middle-Earners Occupancy

Home Value

$311,521

Median Home Sale Price

Top Earners

$72,950

Top-Earners Revenue

Romeoville

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Romeoville.

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B

Generally Investor friendly

Romeoville Regulations

Romeoville allows STRs under the same residential rental licensing framework with no specific prohibitions, but requires annual licensing fees ($75-$100), mandatory inspections, crime-free housing seminars, and certificate of occupancy. The regulatory burden is moderate and predictable - not prohibitive like A-grade cities but far more accessible than C/D grade jurisdictions that ban or severely limit STRs.

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About Romeoville

Romeoville is a village in Will County, Illinois, United States. The village is located 26 mi (42 km) southwest of Chicago on the Gateway Wetlands, directly west of the Des Plaines River. Per the 2020 census, the population was 39,863. It is located in the southwest suburban area of Chicago near Interstate 55 and Interstate 355.

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