Performance indicators for the Monticello short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Monticello.
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Generally Investor friendly
STRs are allowed as Bed & Breakfasts in multiple districts with a clear path—by‑right or conditional use—and no city registration or hard caps beyond 5 guest rooms. The compliance burden is moderate (conditional use permits, hearings, state tax registration, building permits for decks/porches), yet predictable and manageable for investors.
Local STR Agent
STR specialist · Monticello, IL
Monticello ( MON-tiss-EL-oh) is a city and county seat of Piatt County, Illinois, United States. The population was 5,941 at the 2020 census.