Olney, IL

Olney Regulations

STRs are effectively limited to owner-occupied bed and breakfasts with up to five rooms, which eliminates most non-owner-occupied rental models. Compliance requires zoning verification, building permits, inspections, and possibly special use permits, with additional state health/safety obligations. While permitted in multiple districts and not heavily capped, the operator-occupancy rule and multi-step permitting create meaningful constraints for investors.