Evergreen Park, IL Airbnb Market Data, Statistics, and Occupancy Rates

As of Apr, 27 2026

Rabbu ROI Score

78 / 100

Evergreen Park shows standout short-term rental potential based on its current revenue, occupancy, and pricing trends.

Evergreen Park Short-Term Rental Market Overview

Evergreen Park, IL earns an ROI score of 78 out of 100, placing it in the Standout Opportunity tier for short-term rental investors. With an average annual revenue of $40,415 against average home values of $333,073, the revenue-to-price ratio is above average — a key draw for investors seeking cash-flow-positive properties in the Chicago suburbs. The market's 114 active listings and 146% year-over-year growth in supply signal rising investor interest, though occupancy at 32% suggests the market rewards well-optimized properties over passive management.

Key Market Statistics

According to Rabbu market data, the Evergreen Park short-term rental market shows:

Key Airbnb and short-term rental market statistics.
Metric Context Value
Active Airbnb Listings As of Apr, 27 2026 114
Average Daily Rate (ADR) vs. $319 state avg. $208
Average Occupancy Rate vs. 33% state avg. 32%
RevPAN ADR * Occupancy Rate $67
Average Monthly Revenue Historical 12-month average $3,367
Average Annual Revenue Historical 12-month average $40,415

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.

Why Investors Consider Evergreen Park

Evergreen Park attracts STR investors primarily because of its favorable revenue-to-price ratio and proximity to Chicago's south-side demand drivers.

Key investment factors

  • Above-average revenue-to-price ratio with average home values around $333K and annual revenue potential exceeding $40K
  • Proximity to Chicago generates spillover demand from travelers seeking more affordable suburban accommodations
  • Larger properties (3–4 bedrooms) command premium nightly rates of $275–$415, offering strong per-unit revenue
  • Above-average occupancy stability provides a more predictable income stream relative to many comparable markets
  • Kitchen, washer/dryer, and parking amenities are nearly universal, signaling a guest base that expects home-like comfort for extended or group stays

Expert Market Assessment

"Evergreen Park presents a solid opportunity for investors willing to operate strategically in a growing but competitive suburban market. Seasonality is pronounced — monthly revenue swings from roughly $1,355 in February to $5,210 in June — so cash-flow planning should account for winter softness. The above-average revenue-to-price ratio and occupancy stability are genuine strengths, though the below-average marks on market growth trend and supply/demand balance warrant attention as new listings continue to enter the market. Investors targeting 3- or 4-bedroom properties stand to capture the highest returns, with annual revenue potential reaching $54,372 and $86,859 respectively."

— Rabbu Market Analysis Team

Understanding Evergreen Park's ROI Score: 78/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

Factor Evergreen Park Performance Weight
Revenue-to-Price Ratio Above average 40%
Occupancy Stability Above average 30%
Market Growth Trend Below average 15%
Supply/Demand Balance Below average 15%

What This Means for Investors

Evergreen Park's ROI score of 78 out of 100 places it in the Standout Opportunity band, driven primarily by an above-average revenue-to-price ratio and above-average occupancy stability — two factors that together account for 70% of the score weighting. The below-average marks on market growth trend and supply/demand balance reflect the rapid influx of new listings (146% YoY growth), which could pressure returns if supply continues to outpace demand. Investors should pair these data points with thorough local regulatory research and a clear property differentiation strategy to fully capitalize on the opportunity.

Short-Term Rental Regulations in Evergreen Park

Understanding local STR regulations is essential before investing in Evergreen Park. Here's the current regulatory landscape:

Permit Requirements

Short-term rental operators in Evergreen Park, Illinois may need to obtain permits or register their property with local authorities before listing on platforms like Airbnb. Investors should verify current permit and licensing requirements directly with the Village of Evergreen Park and review any applicable Cook County or State of Illinois regulations.

Key Restrictions

Common restrictions in suburban Illinois markets can include occupancy limits, minimum stay requirements, noise ordinances, and parking mandates. HOA rules may impose additional limitations, and some municipalities cap the total number of STR permits, so it's important to confirm zoning and community-level restrictions before purchasing an investment property.

Tax Obligations

Short-term rental hosts in Illinois are generally subject to state and local occupancy taxes, as well as applicable sales taxes. Many booking platforms collect and remit these taxes on behalf of hosts, but operators should confirm their specific obligations with a tax professional familiar with Cook County and Illinois STR taxation.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Evergreen Park can provide current regulatory guidance.

Short-Term Rental Financing for Evergreen Park

Financing an Airbnb investment in Evergreen Park requires lenders who understand STR income. Rabbu partner lenders offer:

  • DSCR Loans: Qualify based on property income, not personal income
  • Low Down Payment: As low as 10–15% for investment properties
  • Fast Closing: 21–30 day average close times
  • STR Experience: Lenders who understand vacation rental underwriting
Connect with a Evergreen Park Lender →

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Evergreen Park's STR market is expected to see continued demand through the warmer months, with June through October historically generating $4,000–$5,200 in average monthly revenue. ADR currently sits at $208, well below the $319 Illinois state average, which may provide room for modest rate increases of 2–5% as operators refine pricing strategies and the market matures. However, with supply growing at 146% year-over-year and market growth trends flagged as below average, investors should anticipate competitive pressure and focus on differentiation through larger property configurations and standout amenities to maintain strong booking performance."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Evergreen Park, IL

What is the average Airbnb occupancy rate in Evergreen Park?
The average occupancy rate for Airbnb listings in Evergreen Park is currently 32%, which is just below the Illinois state average of 33%. Occupancy varies significantly by property size — 2-bedroom units lead at 39%, while studios trail at 19%. Investors who optimize pricing, amenities, and guest experience can typically outperform the market average.
How much do Airbnb hosts make in Evergreen Park?
On average, Airbnb hosts in Evergreen Park earn approximately $3,367 per month or $40,415 per year based on trailing 12-month historical data. Revenue scales sharply with property size: studios average $924/month, while 4-bedroom properties generate around $7,238/month. Peak months like June can push monthly earnings above $5,200 for a well-managed listing.
Is Evergreen Park a good market for Airbnb investment?
Evergreen Park scores 78 out of 100 on Rabbu's ROI Score, placing it in the Standout Opportunity tier. The market benefits from an above-average revenue-to-price ratio and stable occupancy, making it attractive for investors looking at the greater Chicago area. That said, supply has grown 146% year-over-year, so success increasingly depends on property quality, competitive pricing, and strong operational management.
What is the average daily rate (ADR) for Airbnb in Evergreen Park?
The average daily rate in Evergreen Park is $208, compared to the Illinois state average of $319. ADR ranges widely by property size — from $76 for studios up to $415 for 4-bedroom homes. The lower-than-state-average ADR reflects Evergreen Park's positioning as a more affordable suburban alternative, which can attract budget-conscious travelers and groups.
Are short-term rentals legal in Evergreen Park?
Short-term rentals may be subject to local regulations in Evergreen Park, Illinois, including potential permit or registration requirements. Investors should check with the Village of Evergreen Park and review Cook County ordinances to confirm that STR operations are permitted at their specific property. Zoning rules, HOA restrictions, and licensing requirements can all affect legality.
When is peak season for Airbnb in Evergreen Park?
Peak season in Evergreen Park runs from May through October, with June being the highest-revenue month at an average of $5,210. The summer months of July and August also perform strongly at $4,759 and $4,641 respectively. Winter months are noticeably softer, with January and February averaging around $1,355–$1,395, so investors should plan for seasonal cash-flow variation.
How many Airbnbs are there in Evergreen Park?
There are currently 114 active Airbnb listings in Evergreen Park as of April 2026. The supply is fairly distributed across property sizes, with 2-bedroom (29 listings) and 3-bedroom (26 listings) units making up the largest share. The market has seen 146% year-over-year growth in active listings, indicating rising investor interest in the area.
How is Airbnb revenue calculated in Evergreen Park?
The annual and monthly revenue figures for Evergreen Park are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and aggregate to a market-level historical average. This approach anchors the figures to what hosts have actually earned recently while naturally reflecting seasonal peaks and slower months, since each month uses its own historical performance data. Individual results can vary based on property quality, pricing strategy, and operational management.

About Rabbu Market Data

Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.

What this data includes

  • Regularly updated active Airbnb and STR listing counts, occupancy rates, and daily rates by market
  • Revenue per available night (RevPAN) and monthly/annual revenue averages based on trailing 12-month booking data
  • Property size breakdowns for listings, rates, occupancy, and revenue across bedroom configurations
  • Amenity prevalence data showing the most common features among active listings
  • Home value estimates sourced from the Zillow Home Value Index (ZHVI) for investment cost benchmarking

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages and current snapshots; market conditions can shift due to regulatory changes, economic factors, or seasonal variation. Local STR regulations, tax obligations, and permit requirements should be independently verified before making investment decisions.

Next Steps

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