Geneva, IL
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Geneva short-term rental market based on reliable data.
Listings
88 / 258
Reliable / Active
Cap Rate
7%
Middle-Earners Gross Yield
Revenue
$38,193
Middle-Earners Revenue
Occupancy
60%
Middle-Earners Occupancy
Home Value
$518,894
Median Home Sale Price
Top Earners
$68,506
Top-Earners Revenue
Geneva
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Geneva.
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Challenging to Investors
Geneva Regulations
STRs are explicitly allowed but with restrictive caps: a one‑per‑owner limit, a 183‑day primary‑residence requirement, and a ban on condos/apartments—reducing the viable investor pool. Licensing is inexpensive ($50) and straightforward, but special use permits and life‑safety inspection add complexity. Operational limits (3–30 day stays, 10‑person cap, parking restrictions) and compliance burdens (platform use, emergency contacts, renewal) make the framework manageable but still limiting for investors.
Local STR Agent
STR specialist · Geneva, IL
About Geneva
Geneva is a city in and the county seat of Kane County, Illinois, United States. It is located on the western side of the Chicago suburbs. Per the 2020 census, the population was 21,393.Geneva is part of a tri-city area, located between St. Charles and Batavia. The area experienced rapid population growth from the late 1980s through the mid-2000s as the Chicago suburbs spread to the west. Geneva is a popular tourist destination with its scenic location along the Fox River and numerous shops and restaurants. There is an extensive bike trail system in Geneva including portions of the Fox River Trail and the Illinois Prairie Path. Geneva has an active historical society, the Geneva History Center, located in downtown Geneva as well as the Fabyan Windmill, an old Dutch windmill dating back to the 1850s. In 2013 it was nominated by Bloomberg Businessweek as the best place to raise a kid in Illinois.