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AirDNA Data: US Illinois Oak Park

How is Oak Park performing?

69

Good
Market Score

36

Investability

78

Rental Demand

58

Revenue Growth

27

Seasonality

48

Regulation

Annual Revenue

$16.6K

+3%

past year

Occupancy Rate

54%

+4%

past year

Average Daily Rate

$142.9

+3%

past year

Revenue per Available Rental (RevPAR)

$84.4

+6%

past year

Oak Park Performance Details

Total available listings

402

+3%

past year

Listings by rental channel

Channel

Airbnb (70%)

Vrbo (8%)

Both (22%)

Listings by rental size

Bedrooms

1 Bedroom (49%)

2 Bedroom (29%)

3 Bedroom (15%)

4 Bedroom (6%)

5+ Bedroom (2%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (33%)

91-180 nights (16%)

181-270 nights (23%)

271-365 nights (28%)

Listings by rental type

Type

Entire Home (70%)

Private Room (30%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (14.0%)

Moderate (43.6%)

Strict (40.3%)

Super Strict (2.0%)

Listings by Minimum Stay

1 Night (0.2%)

2 Nights (25.1%)

3 Nights (11.9%)

4-6 Nights (7.5%)

7-29 Nights (2.5%)

30+ Nights (52.7%)

What amenities do listings have?

Internet

100%

Wireless Internet

99%

Aircon

97%

Kitchen

96%

Heating

92%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Host - Emma And Jim
73-0.0%955
4.46
Madison Elgin Lodging Company
170.0%522
4.85
Evolve
50.3%173
4.69
Blueground
2-0.8%5
3.81
Legacy Corporate Properties
21.0%86
4.87

Occupancy

Occupancy Rate

54%

+5%

past year

Booking lead time
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Length of stay
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Revenue

Average revenue

$1,659,077

+5%

past year

How much revenue did listings earn per month?

Average revenue over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Rates

Revenue per available rental (RevPAR)

$54

+5%

past year

Revenue per available rental
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Revenue per available rental (RevPAR) over the last 5 years
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What was the average daily rate?

Average daily rate over the last 5 years

-3%

past year

2023
2022
2021
2020
2019
2018

Revenue per available rental (RevPAR)

Revenue per available rental

$54

-7%

past year

Weekend revenue per available rental (RevPAR)
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018
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