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Elmwood, IL
Generally Investor Friendly
Local STR Agent
Local STR Agent

Short‑term rentals (rentals of less than 30 consecutive days, typically marketed on Airbnb, VRBO, or similar platforms) are prohibited in the Village of Elmwood Park. In 2019, the Village Board adopted Ordinance 2019‑16, which added short‑term rentals as a new property class in the zoning code and prohibited them as a permitted use in all residential, business, commercial, and mixed‑use districts. Village officials cited resident complaints and the character of the community as primary reasons for the ban.
Enforcement is active. In 2024, the village cited a property at 2618 N 72nd Ct Unit 1 for an “AirBNB” short‑term rental under citation number 2024266 (Ordinance 2019‑16). Code Administration’s own renewal reminders have explicitly stated that “AirBnb or VRBO rentals are not allowed in the Village of Elmwood Park” (Ord. 2019‑16).
Because city‑level STRs are not permitted in Elmwood Park, you must rely on state‑level Illinois rules and other nearby municipalities’ frameworks for best‑practice insights when evaluating broader Illinois strategies, but Elmwood Park remains a prohibited market for new or continued STR operations.
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Elmwood hosts earn a median $27,601/year with $157 ADR and 59% occupancy.
Top performers pull in $44,831+ per year.
See the full Elmwood market breakdownIn Elmwood Park, you cannot legally start or operate a short‑term rental. Ordinance 2019‑16 prohibits STRs as a permitted use in all zoning districts. Practically, the only pathways that align with current law are:
Given the ban, any attempt to list an Elmwood Park property on STR platforms risks immediate enforcement (citations, potential court action), reputational harm, and operating losses.
Elmwood Park’s available rental licensing is for traditional, long‑term tenancy—not STRs. The village requires:
The village has emphasized compliance and has included reminder language on renewal notices stating STRs are not allowed (Ord. 2019‑16).
Note: These requirements pertain to long‑term rentals; no short‑term rental license exists in Elmwood Park.
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While Elmwood Park bans STRs, Illinois municipalities that allow STRs typically require:
Examples:
These examples illustrate common Illinois patterns but do not change Elmwood Park’s prohibition.
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Note: The UpNorthLive link pertains to Elmwood Township (Leelanau County, Michigan), not Elmwood Park, Illinois; it is included only because a source was provided for “Elmwood Township.” For Elmwood Park, Illinois STRs, rely on the Chicago Tribune article and the village FOIA/Code Administration documents above.
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Elmwood is a small, tight-knit city in Peoria County, in the central part of Illinois. With an estimated population of roughly 2,000 residents, it has the kind of unhurried, small-town character that defines much of rural central Illinois: a walkable historic core, grain elevators on the horizon, and a community calendar shaped by high school sports, local diners, and seasonal festivals. The town sits amid the gently rolling farmland of the Peoria metro area and serves as a quiet base for visitors exploring the wider region. It lies approximately 20 miles west of Peoria, the nearest major city, and about 170 miles southwest of Chicago.
Just a short drive north of Elmwood, Jubilee College State Park offers a peaceful escape into woods, prairie, and ravines carved by the Kickapoo Creek. About 15 minutes from town, the park features miles of hiking and equestrian trails, picnic areas, and the preserved ruins of Jubilee College, an early-19th-century educational institution that gives the park its name. It is a popular spot for camping, horseback riding, and fall foliage viewing, and it draws visitors from across the Peoria region who want a low-key outdoor experience without traveling far from civilization.
A bit farther east, the city of Peoria anchors the region with a full slate of urban amenities along the Illinois River. The Peoria riverfront includes walking paths, dining, and seasonal events, and the downtown area hosts museums, theaters, and a growing restaurant scene. Wildlife Prairie Park, situated in Hanna City roughly halfway between Elmwood and Peoria, offers a drive-through experience featuring native Illinois animals in large, naturalistic habitats, along with hiking trails, a train ride, and family-oriented programming. Together, these nearby destinations give visitors a mix of small-town quiet, outdoor recreation, and city conveniences within easy reach.
For travelers considering a short-term rental in Elmwood, the appeal lies in the balance it strikes. Guests get the calm of a small Midwestern community with friendly neighbors, local cafés, and an unhurried pace, while remaining within a short drive of state park trails, wildlife attractions, and the broader cultural offerings of the Peoria metropolitan area. Its central Illinois location also makes it a practical stopover for road-trippers moving between Chicago, St. Louis, and the Quad Cities, adding a layer of year-round demand that owners of well-located properties can lean into.
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