Chicago 7373847 1280 e1744054686326

Illinois

Since Illinois ranks sixth in population and fifth in GDP, investing in SFR properties in the Prairie State can be a smart option for real estate investors looking to grow their portfolios.

Outside of Chicago, the state’s largest city, Illinois offers great short-term rental opportunities. Three cities, including Peoria, Rockford and Springfield, rank among AirDNA’s top 25 “Best Places to Invest in Short-Term Rentals in 2025.” 

For long-term SFR investments, cities like Naperville, Champaign and Aurora present immense upside. For example, in Aurora, the average rent has risen to $2,409, a 9% YoY increase, according to Rentometer.

Note: Visio Lending provides Illinois investors with added asset protection and financial flexibility, as we require all borrowers in the state to invest through an LLC or corporate entity.