Spring Grove, Illinois Short-Term Rental Market
Spring Grove STRs averaged $260/night at 76.0% occupancy in June 2026 across 16,351 active listings.
Quick Answer: Spring Grove, Illinois is an active short-term rental market. average occupancy is 76%. average monthly revenue is $5,293. average daily rate is $260. the top operator is Blueground with 681 listings. market score is 71/100 (grade B).
Market data reflects the Chicago regional market, which includes Spring Grove. Regulations, taxes, and permit details below are specific to Spring Grove.
Market Score Breakdown
Five dimensions Apivex evaluates per market.
Market Overview
Spring Grove, Illinois had 16,351 active short-term rental listings as of the latest snapshot, split between Airbnb (9,810), Vrbo (801), and 5,740 properties listed on both platforms. That listing count is large relative to the village’s own population of 5,917; readers should treat the figures as likely reflecting a broader Chain O’Lakes/McHenry County submarket rather than the village alone. The market posted a $259.76 average daily rate (ADR) and 76.04% occupancy in June 2026, generating average monthly revenue of $5,293 per listing. All three headline metrics rose year over year: occupancy climbed 3.51%, ADR ticked up 0.21%, and average revenue jumped 14.48%.
Entire-place listings dominate at 13,082 (80.0% of supply), with 3,232 private-room listings and 37 shared-room listings. By bedroom count, 1-bedroom units lead by a wide margin at 6,921 listings, followed by 2-bedroom (4,255), 3-bedroom (2,991), 4-bedroom (1,413), and 5-bedroom (718).
Spring Grove is a small, affluent commuter village in McHenry County, roughly 60 miles northwest of Chicago at the edge of the Chain O’Lakes region, with a population of 5,917. Tourism centers on Chain O’Lakes State Park, nearly 6,500 acres of interconnected lakes described as one of the busiest inland recreational waterways per acre in the U.S., and Richardson Adventure Farm, home of a self-styled ‘World’s Largest’ 28-acre corn maze that alone draws roughly 100,000 visitors each fall. Visitors are predominantly regional day-trippers and weekend leisure travelers from the Chicago metro and southern Wisconsin.
Booking data shows a 56.43-day average lead time and a 4.78-night average length of stay. StaySTRA’s overall market score for Spring Grove is 70.73, with rental demand the strongest sub-component at 84.86 and investability the softest at 66.87, though every component sits above the midpoint.
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 48% | $113 | $1,611 |
| Feb | 56% | $114 | $1,622 |
| Mar | 62% | $135 | $2,232 |
| Apr | 61% | $141 | $2,345 |
| May | 69% | $169 | $3,095 |
| Jun | 73% | $190 | $3,702 |
| Jul | 72% | $174 | $3,478 |
| Aug | 68% | $176 | $3,340 |
| Sep | 66% | $162 | $2,904 |
| Oct | 64% | $158 | $2,824 |
| Nov | 56% | $142 | $2,262 |
| Dec | 55% | $133 | $2,071 |
Top Short-Term Rental Operators in Spring Grove
Ranked by total active listings. Useful for understanding the competitive landscape.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Blueground | 681 | 286 | ★ 4.33 |
| 2 | Luxury Lili Stays | 189 | 9,607 | ★ 4.63 |
| 3 | Kasa Properties | 156 | 7,809 | ★ 4.71 |
| 4 | Slumber Stay | 134 | 7,930 | ★ 4.56 |
| 5 | Evolve | 126 | 2,725 | ★ 4.36 |
What Kind of STR Should I Buy in Spring Grove?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 6,921 |
| 2 bed | 4,255 |
| 3 bed | 2,991 |
| 4 bed | 1,413 |
| 5 bed | 718 |
ADR by Property Tier
| Entire Home | $303 |
| Luxury | $543 |
| Professionally Managed | $337 |
Revenue by Dwelling Type
| Apartment | $5,372 |
| Entire Place | $6,138 |
| House | $5,185 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 60% |
| vrbo | 4.9% |
| both | 35.1% |
Investment Analysis
Spring Grove’s ADR tiers span a wide range: the market-wide average of $259.76 sits below the entire-home tier at $303.30, professionally managed listings at $336.74, and the luxury tier at $542.86, a $283.10 gap and roughly 109.0% premium over the market average, more than doubling the market rate.
On the acquisition side, the typical home value is $414,009, with a median list price of $549,867 and only 27 homes currently for sale, a thin resale inventory. Annualizing the $5,293 average monthly revenue produces roughly $63,511 in gross annual revenue per listing, a gross yield of about 15.3% against the typical home value, before accounting for mortgage, management fees, taxes, insurance, and operating costs.
Revenue by property type shows an unusual pattern: apartments average $5,372 per month, slightly ahead of houses at $5,185, while entire-place listings overall average the highest at $6,138. This means apartments modestly outearn houses here, a reversal of the pattern seen in most markets, where houses typically command a premium.
The trailing-year trend is strongly positive: occupancy rose 3.51%, ADR ticked up 0.21%, and revenue jumped 14.48%. StaySTRA’s rental-demand score of 84.86 is the strongest of the six tracked market-score components.
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
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Booking Insights
Spring Grove guests book an average of 56.43 days in advance, giving operators roughly eight weeks of runway to adjust pricing ahead of arrival. This lead time supports dynamic pricing that raises rates as summer lake-season weeks fill in, particularly around the June-July peak.
Average length of stay is 4.78 nights, a mid-length stay consistent with lake vacations and multi-day recreation trips (boating, fishing) rather than single-night stopovers. This stay length supports 4-night minimum-stay policies without significantly restricting bookable inventory.
Given the market’s pronounced summer concentration and secondary fall corn-maze demand tied to Richardson Adventure Farm, operators should build separate pricing strategies for the May-through-September lake season and the September-through-November fall agritourism window, rather than treating the whole year uniformly.
Short-Term Rental Regulations
Short-term rentals are permitted in Spring Grove, and no dedicated STR permit, license, or registration requirement was found in publicly available records as of mid-2026. The Village regulates land use through its Chapter 15 Zoning Ordinance, but no provision specifically addresses, licenses, or prohibits short-term or vacation rentals; use would be governed by general zoning categories, and investors should confirm permitted-use status directly with the Village Building & Zoning Department (815-675-2121).
Operators do fall under Illinois’s statewide tax framework: effective July 1, 2025, the Illinois Hotel Operators’ Occupation Tax (HOOT) applies to short-term rentals at 6% of 94% of gross receipts, an effective rate of roughly 5.64%. Operators must register with the Illinois Department of Revenue for a certificate of registration and taxpayer ID and file lodging-tax returns; beginning January 6, 2026, marketplaces such as Airbnb and Vrbo must collect and remit this state tax on hosts’ behalf. Illinois building codes require working smoke and carbon monoxide detectors.
An additional local McHenry County or Village hotel/motel tax may apply but was not confirmed in public records; this should be verified with Village Hall. Notably, neighboring unincorporated Lake County has banned STRs in residential zones, making the McHenry County/Spring Grove area comparatively permissive by contrast. Because Spring Grove has no dedicated STR licensing regime, enforcement is described as minimal, though general zoning and nuisance rules still apply. Per StaySTRA’s area profile (last updated July 13, 2026), prospective hosts should call the Village to confirm current requirements before operating.
Market Comparison
Spring Grove’s 76.04% occupancy runs far above the roughly 55% national STR median, and its $259.76 ADR is about 18% higher than the national median of approximately $220. Both metrics well above national benchmarks point to strong, concentrated demand tied to Chain O’Lakes State Park and the region’s proximity to the Chicago metro.
The market’s top property managers include Blueground, the leader by listing count with 681 listings but only 286 reviews (4.325 rating), a pattern suggesting a corporate/mid-term housing operator rather than a traditional short-stay vacation rental manager. It is followed by Luxury Lili Stays (189 listings, 9,607 reviews, 4.633 rating), Kasa Properties (156 listings, 7,809 reviews, 4.706 rating, the highest-rated of the top five), Slumber Stay (134 listings, 7,930 reviews, 4.555 rating), and Evolve (126 listings, 2,725 reviews, 4.363 rating). Together these five operators manage 1,286 listings, about 7.9% of the market’s 16,351 total active listings.
Frequently Asked Questions About Spring Grove, Illinois
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