Libertyville, IL

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

59 / 171

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$42,463

Middle-Earners Revenue

Occupancy

65%

Middle-Earners Occupancy

Home Value

$589,497

Median Home Sale Price

Top Earners

$71,824

Top-Earners Revenue

Libertyville

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Libertyville.

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C

Challenging to Investors

Libertyville Regulations

Operates in a regulatory gray area due to the lack of a dedicated STR ordinance, so enforcement relies on general zoning and housing codes with significant local discretion. The absence of caps and permits makes it broadly permissive, but the risk of abrupt regulatory changes and inconsistent enforcement increases investor uncertainty and compliance burden.

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About Libertyville

Libertyville is a village in Lake County, Illinois, United States, and a northern suburb of Chicago. It is located 5 miles (8 km) west of Lake Michigan along the Des Plaines River. The 2020 census population was 20,579. It is part of Libertyville Township, which includes the village, neighboring Green Oaks, and portions of Vernon Hills, Mundelein, unincorporated Waukegan and Lake Forest, and part of Knollwood CDP. Libertyville neighbors these communities as well as Gurnee to the north and Grayslake to the northwest. Libertyville is about 40 miles north of the Chicago Loop and is part of the United States Census Bureau's Chicago combined statistical area (CSA).

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