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  4. Makanda

Makanda, Illinois

Short-Term Rental Market Data & Investment Analysis

Makanda, Illinois Short-Term Rental Market Overview

Population: Still gathering data
Annual Visitors: Still gathering data
Total STRs: 43
ADR: $178.08

Visitor Profile

Makanda, Illinois, attracts approximately 50,000 annual visitors, primarily drawn by its scenic beauty and outdoor recreational opportunities. The visitor demographic skews towards families and nature enthusiasts, with a significant portion being couples aged 25-45 who enjoy hiking, birdwatching, and exploring the Shawnee National Forest. The primary purpose of visits includes leisure activities, with many tourists seeking a peaceful retreat from urban life. The economic impact of tourism in Makanda is notable, contributing significantly to local businesses and services, although specific figures are less documented compared to larger tourist destinations.

In-depth visitor analysis reveals that the majority of tourists come from nearby states, particularly Missouri and Kentucky, with a growing interest from urban centers like St. Louis and Chicago. The average length of stay for visitors is around two to three days, with peak seasons occurring during the spring and fall when the weather is most favorable for outdoor activities. According to the tourism bureau, annual visitors reached about 50,000, showcasing a steady interest in the area’s natural attractions. The main reasons for visiting include hiking trails, local festivals, and unique shops that highlight local artisans. Additionally, the visitor statistics report indicates that the influx of tourists during peak seasons boosts local revenue, providing a vital economic lifeline for small businesses. Understanding these Makanda tourism statistics and visitor demographics is essential for stakeholders in the hospitality sector to tailor their offerings effectively and enhance the overall visitor experience. For more detailed insights, refer to the local tourism board at https://makandatourism.com and https://visitsouthernillinois.com.

Top Attractions

Nestled in the heart of southern Illinois, Makanda is a charming village that offers a delightful mix of natural beauty and artistic flair. Known for its stunning landscapes and vibrant arts scene, this quaint destination is perfect for those seeking a peaceful escape. Visitors can explore unique attractions such as the picturesque Giant City State Park, renowned for its breathtaking rock formations and hiking trails, or the eclectic shops and galleries that showcase local artisans. Whether you’re an outdoor enthusiast or a culture lover, Makanda attractions promise a variety of experiences that cater to all interests, making it an ideal spot for a day trip or weekend getaway.

One of the most prominent attractions in Makanda is Giant City State Park, a haven for nature lovers. This expansive park features over 4,000 acres of rugged terrain, offering numerous hiking trails, picnic areas, and opportunities for wildlife observation. The park’s stunning rock formations and scenic vistas make it a perfect backdrop for outdoor adventures. For more information, visit the official website at https://www.dnr.illinois.gov/Parks/Pages/GiantCity.aspx.

Another must-see is the Makanda Boardwalk, a charming shopping area that highlights local artisans and craftspeople. Here, visitors can browse unique shops filled with handmade goods, art, and souvenirs, providing a great way to support local talent.

For those interested in history and culture, the nearby Shawnee National Forest offers a wealth of outdoor activities and educational opportunities. This stunning forest is home to diverse ecosystems and historical sites, making it a great destination for hiking, camping, and exploring.

With its blend of natural wonders and artistic expression, Makanda is a hidden gem waiting to be discovered. Whether you’re hiking through Giant City State Park or exploring local shops, there are plenty of Makanda things to do year-round.

Regulations

If you’re considering operating a short-term rental in Makanda, Illinois, it’s essential to understand the local regulations that govern this growing sector. Makanda short-term rental regulations require property owners to obtain a license, adhere to specific zoning laws, and comply with safety standards. Additionally, hosts must collect and remit hotel taxes, which can significantly impact your profitability. Understanding these requirements not only ensures compliance but also enhances the guest experience, making your property more appealing. For those looking to navigate the complexities of short-term rental regulations in Makanda, this guide provides a comprehensive overview of what you need to know.

To legally operate a short-term rental in Makanda, property owners must first secure a rental license from the local government. This process typically involves submitting an application and paying a fee. Additionally, hosts are required to collect a hotel tax, which is currently set at 5% of the rental rate. It is crucial to remit this tax quarterly to avoid penalties. Zoning restrictions also play a vital role; short-term rentals are generally permitted only in designated areas, so it is advisable to check local zoning maps. Safety requirements include ensuring that the property meets fire and health codes, which may involve inspections. Failure to comply with these regulations can result in fines or the revocation of your rental license. For more detailed information on licensing and regulations, visit the official Makanda website (https://www.makanda-il.gov) and review the municipal code (https://library.municode.com/il/makanda). Understanding and adhering to these regulations will help you operate a successful and compliant short-term rental in Makanda.

Vacation Rental Market Overview for Makanda

Makanda attracts visitors with its urban amenities and entertainment and family-friendly attractions. The short-term rental market here serves diverse traveler demographics, from business professionals to family vacationers.

This destination’s rental market offers unique opportunities for property investors, with comprehensive data revealing seasonal patterns and demand drivers.

Makanda, Illinois Market Performance Trends

LTM Avg. Daily Rate$176.00
LTM Occupancy Rate53.6%
LTM Avg. Revenue$2,526

Short-Term Rental Market Performance Analysis for Makanda

The short-term rental market in Makanda demonstrates dynamic pricing patterns and occupancy trends that savvy property investors and managers monitor closely. This comprehensive 12-month analysis reveals seasonal variations and revenue optimization opportunities.

Market Trend Summary

Current market indicators show: emerging growth market with increasing demand

Market data updated daily. Professional-grade analytics trusted by thousands of property managers and real estate investors.

Makanda, Illinois Housing Market Data

Home Value Trends

Market Overview

  • Typical Home Value:$183,912

Current Inventory

  • Homes For Sale:13

Detailed Market Analysis

The average home value in Makanda, IL is $183,913, up 8.5% over the past year. Learn more about the Makanda housing market and real estate trends.

Real Estate Market Analysis for Makanda, Illinois

The residential real estate market in Makanda, Illinois presents unique opportunities for investors and homebuyers alike. Current market dynamics show affordable housing options with growth potential with inventory levels and pricing trends that reflect broader economic conditions and local demand factors.

Key Market Factors

Important considerations for this market include: proximity to major employment centers, quality school districts, and developing infrastructure These factors contribute to the overall market performance and future growth potential.

Real estate investments in Makanda, Illinois benefit from growing rental market potential and investment opportunities. Prospective buyers and investors should consider both current market conditions and long-term growth indicators when evaluating opportunities in this market.

Makanda, Illinois Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:68.4% Booked
  • 4-6 Months:70.8% Booked
  • 7-9 Months:69.2% Booked
  • 10-12 Months:17.6% Booked

Cancellation Policies

  • Flexible:0%
  • Moderate:0%
  • Strict:0%
  • Super Strict:0%

Minimum Stay

  • 1 Day:0
  • 2 Days:0
  • 3 Days:0
  • 4-6 Days:0
  • 7-29 Days:0
  • 30+ Days:0

Short-Term Rental Regulations and Booking Patterns in Makanda

Makanda vacation rental operators navigate specific local regulations and booking patterns that shape market dynamics. Understanding minimum stay requirements, cancellation policies, and booking windows is essential for successful property management.

Market analysis reveals seasonal policy variations maximizing revenue. These insights help property managers optimize their listing strategies and maximize occupancy.

Local regulations and platform policies influence rental operations. StaySTRA provides comprehensive policy tracking and compliance insights.

Makanda, Illinois Rental Market Composition

Entire Place by Beds

Common Rental Amenities

Amenity data is not available for this location.

Guest Rating Highlights

    Vacation Rental Property Types in Makanda

    The vacation rental market in Makanda features a diverse mix of property types, from cozy studios to spacious family homes. Understanding the property composition helps investors identify market gaps and opportunities.

    Market characteristics include diverse property sizes from studios to large homes. This distribution reflects local demand patterns and traveler preferences.

    Premium amenities and guest ratings play a crucial role in rental performance, with data showing clear correlations between specific features and booking rates.

    More Locations In Illinois

    • Algonquin
    • Alton
    • Barrington
    • Cary
    • Caseyville
    • Chicago
    • Dekalb
    • Des Plaines
    • Downers Grove
    • Edwardsville
    • Forest Park
    • Fox Lake
    • Galena
    • Goreville
    • Hanover
    • Highland Park
    • Hoffman Estates
    • Lake Villa

    Related Short-Term Rental Markets

    Explore 42 vacation rental markets within Illinois. Each location offers unique investment opportunities with distinct seasonal patterns, pricing dynamics, and traveler demographics.

    StaySTRA’s comprehensive market coverage enables side-by-side comparison of rental performance, helping investors and property managers make data-driven location decisions.

    Related

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    Table of Contents

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    Quick Facts: Makanda

    Active STRs
    43
    Avg Daily Rate
    $178
    Occupancy Rate
    54%

    Markets in Illinois (42)

    • Algonquin
    • Alton
    • Barrington
    • Cary
    • Caseyville
    • Chicago
    • Dekalb
    • Des Plaines
    • Downers Grove
    • Edwardsville
    • Forest Park
    • Fox Lake
    • Galena
    • Goreville
    • Hanover
    • Highland Park
    • Hoffman Estates
    • Lake Villa
    • Mahomet
    • Mattoon
    • Mchenry
    • Melrose Park
    • Millstadt
    • Morris
    • Mundelein
    • Naperville
    • New Lenox
    • Northbrook
    • Oregon
    • Ottawa
    • Park Ridge
    • Rockford
    • Round Lake
    • Shorewood
    • Simpson
    • Spring Grove
    • Sycamore
    • Wauconda
    • Wheaton
    • Winthrop Harbor
    • Wonder Lake
    • Woodstock

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