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The Chicago ADU Ordinance, passed in May 2021, allows for the construction of accessory dwelling units (ADUs) in most residential areas of the city. The ordinance includes regulations for detached ADUs, attached ADUs, internal ADUs, and garage conversion ADUs, and requires that all ADUs meet certain safety and zoning requirements. The ordinance is designed to address the city's housing shortage by creating more affordable housing options for residents, while also allowing property owners to earn extra income by renting out ADUs. As with any construction project, it is important to research and comply with all applicable zoning regulations and building codes to ensure that your ADU is legal and safe.

Using an ADU for short-term rentals can be a great way to generate extra income. With the rise of platforms like Airbnb and VRBO, many homeowners are turning to their ADUs as a way to earn money by renting them out to travelers. Benefits of using an ADU for short-term rentals include increased flexibility, as homeowners can rent out their ADUs on a part-time basis, as well as increased privacy, as the ADU can be used as a separate living space from the primary residence. Additionally, short-term rentals can help to offset the cost of constructing an ADU, making it a more affordable option for homeowners who want to add extra living space to their property.

If you're considering building an accessory dwelling unit (ADU) on your property, you may be wondering how much income you can expect to earn by renting it out as a short-term rental. Assuming that your ADU is rented out at a rate of $250 per night and has a 90% fill rate, the projected earnings could be around $6,750 per month. This projection is based on the assumption that the ADU will be rented out for 30 nights per month, with 27 of those nights being booked by guests.

It's important to keep in mind that the actual earnings of your ADU will depend on a variety of factors, including the location, size, and amenities of the unit, as well as the demand for short-term rentals in your area. You'll also need to consider the costs associated with maintaining and managing your ADU, such as cleaning fees and utility bills.

Despite these considerations, using an ADU as a short-term rental can be a great way to generate extra income and offset the costs of construction. It can also provide you with increased flexibility and privacy, as the ADU can be used as a separate living space from your primary residence.

The cost of building an accessory dwelling unit (ADU) in Chicago can vary widely depending on factors such as the size and complexity of the unit, the materials used, and the contractor you hire. On average, however, homeowners can expect to spend between $115,000 and $150,000 to build an ADU in Chicago. This cost dose not included the design and permitting fees, as well as city plumbing or electrical. Of course, the final cost will depend on a variety of factors, including the type of ADU you choose to build and any customization options you select.

At our ADU building company, we're proud to offer our services to homeowners throughout Illinois. Whether you live in the heart of Chicago or in a more rural area of the state, we're here to help you build the ADU of your dreams. Our team of experienced builders and designers will work with you to create a custom ADU that meets your specific needs and preferences, while also adhering to local zoning and building regulations. From initial concept and design to final construction and finishing touches, we'll be with you every step of the way to ensure that your ADU project is a success. So no matter where you are in Illinois, contact us today to learn more about how we can help you build the perfect ADU for your property.