Shared Housing Company: Short Term Residential Rental Intermediary
City of Chicago business license types for internet platforms that connect guests with hosts of short-term residential rentals:
- Short Term Residential Rental Intermediary
A Short Term Residential Rental Intermediary is a person or company who for compensation or a fee uses an internet platform to connect guests with short term residential rental providers, and who primarily lists shared housing units on its platform. A Short Term Residential Rental Intermediary must electronically register its shared housing hosts with the City and must remove unapproved hosts, and must apply and collect hotel accommodation tax and submit it to the City as part of each rental transaction facilitated through the platform.
Application Process
Step 1: Submit License Application
License Application Requirements (Documents, Quality of Life Plan, Written Plan, etc.)
Step 2: Document Review
Step 3: License Issuance
Please refer to the Municipal Code of Chicago (MCC) for additional information.
| LICENSE |
Short Term Residential Rental Intermediary |
| MCC | |
| TERM |
1 YR |
| FEE |
1,000 or more rentals: $10,000.00 license fee, plus a $60.00 per unit fee 500 to 999 rentals: $7,500.00 license fee, plus a $60.00 per unit fee 100 to 499 rentals: $5,000.00 license fee, plus a $60.00 per unit fee 50 to 99 rentals: $1,000.00 license fee, plus a $60.00 per unit fee 25 to 49 rentals: $500.00 license fee, plus a $60.00 per unit fee 10 to 24 rentals: $350.00 license fee, plus a $60.00 per unit fee 1 to 9 rentals: $250.00 license fee, plus a $60.00 per unit fee |
| DOCUMENTS |
|