Downers Grove, IL

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

128 / 381

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$39,549

Middle-Earners Revenue

Occupancy

69%

Middle-Earners Occupancy

Home Value

$482,252

Median Home Sale Price

Top Earners

$73,653

Top-Earners Revenue

Downers Grove

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Downers Grove.

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C

Challenging to Investors

Downers Grove Regulations

STRs are allowed under standard residential zoning but lack a dedicated STR license, creating regulatory uncertainty and relying on general codes, inspections, and potential local lodging taxes; plus HOA/Condo bylaws can block or limit short‑term leasing.

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About Downers Grove

Downers Grove is a village in DuPage County, Illinois, United States. It was founded in 1832 by Pierce Downer, whose surname serves as the eponym for the village. Per the 2020 census, the population of the village was 50,247. It is a southwest suburb of Chicago located between I-88 and I-55.

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