Shelbyville, IL

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

34 / 43

Reliable / Active

Cap Rate

17%

Middle-Earners Gross Yield

Revenue

$24,639

Middle-Earners Revenue

Occupancy

55%

Middle-Earners Occupancy

Home Value

$146,657

Median Home Sale Price

Top Earners

$47,239

Top-Earners Revenue

Shelbyville

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Shelbyville.

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C

Challenging to Investors

Shelbyville Regulations

STRs are legal but must fit county zoning and building rules, with an Improvement Location Permit and Certificate of Occupancy required (site plan, 10‑day decision, potential special exception/hearing). Details on municipal caps, fees, and licensing are missing, and hotels/motels are separately defined—creating uncertainty for STR permissibility and cost. The county process is known but layered, and absent city‑level rules raise investor risk.

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About Shelbyville

Shelbyville is a city in and the county seat of Shelby County, Illinois, United States, along the Kaskaskia River. As of the 2020 census, the population was at 4,674. HSHS Good Shepherd Hospital, located in town, is the county's only hospital. Shelbyville is also home to Chautauqua Auditorium.

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