https://regulations.comparent.com/regulations/illinois/ Recent short-term rental regulatory updates across Illinois markets. Fri, 05 Jun 2026 22:16:32 GMT https://regulations.comparent.com/regulations/illinois/chicago/ Several Chicago aldermen representing primarily residential wards introduced proposals in 2023–2024 to require owner-occupancy for STR licenses in their districts. While no citywide ordinance has passed, individual aldermanic designations for residential use could effectively restrict investor-owned STRs in specific areas without a full council vote. Fri, 01 Mar 2024 00:00:00 GMT illinois-chicago-2024-03-01 https://regulations.comparent.com/regulations/illinois/chicago/ Chicago updated its administrative fine schedule in 2023, increasing penalties for operating a short-term rental without a valid Shared Housing license. Fines now range from $1,500 to $3,000 per day for first-time violations, with higher fines for repeat offenders. The city also authorized the Department of Business Affairs and Consumer Protection (BACP) to seek platform delisting for unlicensed operators. Fri, 01 Sep 2023 00:00:00 GMT illinois-chicago-2023-09-01 https://regulations.comparent.com/regulations/illinois/chicago/ Chicago entered data-sharing agreements with major booking platforms requiring quarterly submission of booking activity, including registration numbers, rental dates, and revenue figures. The city uses this data to identify unlicensed operators and ensure compliance with its lodging tax collection requirements. Sun, 01 Jan 2023 00:00:00 GMT illinois-chicago-2023-01-01