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Landlord-approved for STR & subleasing
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The property

About this home

What you get

Features & amenities

    This summary is general information only, not legal or tax advice. Regulations change and vary by exact address; confirm current rules with local authorities before signing.
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    This refined city residence is located at 2042 W Warren Blvd in the Near West Side neighborhood of Chicago, Illinois. This spacious 3-level brick home offers over 3,200 sq ft of thoughtfully designed living space, featuring four bedrooms and 3.5 bathrooms, including a private lower-level suite with direct exterior access.

    The home is filled with natural light and features oak hardwood floors, a gourmet kitchen with granite countertops and premium LG/Bosch appliances, and 9' ceilings on the upper level. Outside, you'll find a beautifully landscaped, fully fenced 30' yard and a large walk-out deck, providing a superb setting for outdoor entertaining. Enjoy the convenience of a prime location just west of the West Loop and only one block from the new CTA Green Line, providing easy access to Fulton Market and Downtown Chicago.

    Property Features

    • 4 Bedrooms / 3.5 Bathrooms: Luxurious primary suite with a soaking tub and stone vanity.
    • Designer Finishes: Oak hardwood floors, crown molding, and chic porcelain tiling.
    • Outdoor Living: Large walk-out deck and fully fenced, landscaped backyard.
    • Convenient Parking: Spacious 2-car garage plus a separate fully gated parking pad.
    • Smart Layout: Finished basement includes a lounge, fitness area, and guest/in-law suite.
    • Prime Connectivity: Minutes from Green & Blue Lines, Metra, and major expressways.

    Chicago, Illinois has specific regulations for non-owner occupied short-term rentals (STRs) as of February 2025:Licensing Requirements:

    • Non-owner occupied STRs are classified as vacation rentals in Chicago.
    • Operators must obtain a Vacation Rental License from the city4.
    • The license application process involves property inspection, zoning compliance verification, and providing contact information for a responsible agent4.

    Location Restrictions:

    • In buildings with fewer than five units, vacation rentals are generally not allowed unless they are the host's primary residence7.
    • Buildings with five or more units may have more flexibility for non-owner occupied STRs7.

    Operational Requirements:

    • Properties must pass inspections to ensure compliance with health, safety, and building code requirements4.
    • Operators must secure commercial general liability insurance with a minimum coverage of $1,000,0003.
    • A local contact person must be designated for prompt issue resolution4.
    • Occupancy limits are imposed based on property size and number of bedrooms4.

    Taxes and Fees:

    • Hosts are responsible for collecting and remitting certain taxes directly to Chicago4.
    • License fees vary, with an annual fee of $250 per unit as of 20225.

    Compliance and Renewal:

    • Licenses typically need to be renewed annually5.
    • Ongoing compliance with Chicago's ordinances regarding noise, occupancy, and safety is mandatory2
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