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Short-Term Rental (STR) Regulations
As of September 2021, Peoria, IL does not have specific regulations in place for short term rentals. However, it is important for investors to be aware of potential future regulations that may be implemented.
Investors should consider the following factors before purchasing a property for short term rental in Peoria, IL:
1. Zoning regulations: Investors should check with the city's zoning department to ensure that the property is zoned for short term rentals. Some areas may have restrictions on short term rentals or require special permits.
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