AirROI ranking · 202626 companies ranked
A good manager can pay for itself in Chicago. Of the 9 companies with 10 or more year-round homes to compare, 5 out-earn similar homes by enough to cover a 20% fee, not counting 4 with exceptionally large leads, counted separately.
One company per title, among companies that manage homes for owners, 12 months to September 2026.
The short answer
In the 12 months to September 2026, Alle’s Team ran 98 of Chicago's 6,460 active Airbnb listings, and AllSet Turnover ran 84. AirROI identified 26 Airbnb management companies running five or more Chicago listings.
"Similar owner-run homes" are homes whose owner runs only that one Chicago listing, with no co-host, the same bedrooms and room type, listed all year and open on 240+ nights, booked on 60+ of them, with 5+ reviews. Revenue is what each home earned on Airbnb, estimated from booked nights and rates; stays sold on other sites or direct aren't counted.
Revenue, occupancy and nightly rates across the whole market are in the Chicago Airbnb market report .
The ranking
Companies are ranked by the active Chicago listings they run, as host or as co-host on an owner's account. "Lead vs similar" shows how much more a company's homes earned than owner-run Chicago homes with the same number of bedrooms and room type, where they earned more, so a company of big houses isn't flattered by their size.
Of the 5 top-ranked companies that host mainly on their own accounts, 4 grew over the past year.
Ranked by active Chicago listings run as host or co-host in the 12 months to September 2026.
| # | Company | Listings |
|---|---|---|
| Alle’s TeamCo-hosts · also Ale’s Team · ZIP 60612 · ZIP 60609★ 4.60 | 98 | |
| AllSet TurnoverCo-hosts · also 747 Lofts Concierge · ZIP 60622 · ZIP 60640★ 4.81 · +53% vs similar homes | 84 | |
| Cloud9 Windy CityZIP 60607 · ZIP 60696★ 4.87 · +270%† vs similar homes | 81 | |
| 4 | The Dream RentalsZIP 60612 · ZIP 60647★ 4.82 · +151%† vs similar homes | 61 |
| 5 | TroveCo-hosts · ZIP 60613 · ZIP 60657★ 4.88 · +100% vs similar homes | 59 |
| 6 | Aron’s TeamCo-hosts · ZIP 60616 · ZIP 60612 | 39 |
| 7 | RoomPicks+34 in a yearZIP 60654 · ZIP 60610★ 4.60 | 38 |
| 8 | Chicago Hospitality ClubZIP 60605 · ZIP 60611★ 4.82 · +152%† vs similar homes | 37 |
| 9 | Hubbard HoldingsZIP 60610 · ZIP 60654★ 4.88 · +330%† vs similar homes | 35 |
| 10 | EvolveZIP 60626 · ZIP 60619★ 4.75 · +38% vs similar homes | 33 |
| 11 | Concierge by PavilionCo-hosts · ZIP 60607 · ZIP 60622★ 4.86 · +100% vs similar homes | 26 |
| 12 | VillaZIP 60653 · ZIP 60613★ 4.67 | 26 |
| 13 | Escape StaysCo-hosts · ZIP 60625 · ZIP 60634★ 4.62 | 21 |
| 14 | GOATstaysZIP 60618 · ZIP 60607★ 4.55 · +74% vs similar homes | 18 |
| 15 | Adresa Stay★ 4.61 | 14 |
| 16 | Suite Homes Chicago HospitalityZIP 60617 · ZIP 60619★ 4.72 | 11 |
| 17 | MiaMio HospitalityZIP 60616★ 4.72 | 10 |
| 18 | ZH Co-HostingCo-hosts · also Global Getaways · ZIP 60616 · ZIP 60647★ 4.58 | 10 |
| 19 | MGM PropertiesZIP 60605★ 4.54 | 8 |
| 20 | Sleepy SuitesZIP 60618 · ZIP 60657 | 8 |
| 21 | TIBO VenturesZIP 60640★ 4.77 | 8 |
| 22 | Villa D' CittaZIP 60614★ 4.79 | 6 |
| 23 | ChicagoBnBsCo-hosts · ZIP 60642 · ZIP 60622★ 4.73 | 5 |
| 24 | Happy HomesZIP 60621★ 4.63 | 5 |
| 25 | J & F ApartmentsZIP 60617★ 4.59 | 5 |
| 26 | The Walton ResidenceZIP 60611★ 4.97 | 5 |
Listings added over the past 12 months on each company's own Airbnb accounts, among companies running at least 10 today. Companies that mostly co-host on owners' accounts are left out, because Airbnb's co-host records from a year ago are incomplete.
| # | Company | Listings added |
|---|---|---|
| RoomPicksZIP 60654 · ZIP 60610★ 4.60 | +34 | |
| Hubbard HoldingsZIP 60610 · ZIP 60654★ 4.88 · +330%† vs similar homes | +8 | |
| EvolveZIP 60626 · ZIP 60619★ 4.75 · +38% vs similar homes | +6 |
Average guest rating across each company's rated listings, weighted by reviews, among companies with at least 10 rated listings and 100 reviews.
| # | Company | Average rating |
|---|---|---|
| TroveCo-hosts · ZIP 60613 · ZIP 60657★ 4.88 · +100% vs similar homes | 4.88 | |
| Hubbard HoldingsZIP 60610 · ZIP 60654★ 4.88 · +330%† vs similar homes | 4.88 | |
| Cloud9 Windy CityZIP 60607 · ZIP 60696★ 4.87 · +270%† vs similar homes | 4.87 | |
| 4 | Concierge by PavilionCo-hosts · ZIP 60607 · ZIP 60622★ 4.86 · +100% vs similar homes | 4.86 |
| 5 | Chicago Hospitality ClubZIP 60605 · ZIP 60611★ 4.82 · +152%† vs similar homes | 4.82 |
| 6 | The Dream RentalsZIP 60612 · ZIP 60647★ 4.82 · +151%† vs similar homes | 4.82 |
| 7 | AllSet TurnoverCo-hosts · also 747 Lofts Concierge · ZIP 60622 · ZIP 60640★ 4.81 · +53% vs similar homes | 4.81 |
| 8 | EvolveZIP 60626 · ZIP 60619★ 4.75 · +38% vs similar homes | 4.75 |
| 9 | MiaMio HospitalityZIP 60616★ 4.72 | 4.72 |
| 10 | Suite Homes Chicago HospitalityZIP 60617 · ZIP 60619★ 4.72 | 4.72 |
| 11 | VillaZIP 60653 · ZIP 60613★ 4.67 | 4.67 |
| 12 | Escape StaysCo-hosts · ZIP 60625 · ZIP 60634★ 4.62 | 4.62 |
| 13 | Adresa Stay★ 4.61 | 4.61 |
| 14 | Alle’s TeamCo-hosts · also Ale’s Team · ZIP 60612 · ZIP 60609★ 4.60 | 4.60 |
| 15 | RoomPicksZIP 60654 · ZIP 60610★ 4.60 | 4.60 |
Each company's year-round homes against owner-run Chicago homes with the same bedrooms and room type, among companies with at least 15 such homes.
| # | Company | Lead vs similar |
|---|---|---|
| TroveCo-hosts · ZIP 60613 · ZIP 60657★ 4.88 · +100% vs similar homes | +100% | |
| Concierge by PavilionCo-hosts · ZIP 60607 · ZIP 60622★ 4.86 · +100% vs similar homes | +100% | |
| AllSet TurnoverCo-hosts · also 747 Lofts Concierge · ZIP 60622 · ZIP 60640★ 4.81 · +53% vs similar homes | +53% | |
| 4 | Hubbard HoldingsZIP 60610 · ZIP 60654★ 4.88 · +330%† vs similar homes | +330%† |
| 5 | Cloud9 Windy CityZIP 60607 · ZIP 60696★ 4.87 · +270%† vs similar homes | +270%† |
| 6 | Chicago Hospitality ClubZIP 60605 · ZIP 60611★ 4.82 · +152%† vs similar homes | +152%† |
| 7 | The Dream RentalsZIP 60612 · ZIP 60647★ 4.82 · +151%† vs similar homes | +151%† |
Shortlist
A company that runs studios well may not suit a four-bedroom house. For each size, these are the Chicago companies whose homes of that size out-earn owner-run homes of the same size by enough to cover a 20% fee (25% or more), on at least five year-round homes of that size, rated 4.7 or higher over 100 or more reviews. Leads of 150% or more are left out: that's more than management usually explains.
Each figure is revenue against owner-run homes with the same bedrooms and room type, on the company's year-round homes of that size only. "Small sample" marks a figure on five to nine homes: a lead to follow up, not a result. It says what the company's homes earned, not what yours will.
Fees
Few management companies publish their fees. Of the 81 companies AirROI checked in 6 US cities in September 2026, 9 publish a rate, from 10% to 30% of booking revenue with a median starting rate of 15%, and 49 quote only on request. Expect to ask each Chicago company you shortlist for a quote.
Get the rate in writing along with what it's charged on: some companies take their share of the nightly rate only, others of everything the guest pays, cleaning fee included. With the company-run median Chicago cleaning fee of $166, a 20% rate that also applies to cleaning takes another $33 from every stay. Ask too what's billed on top (linen, repairs, a setup fee) and how much notice ends the contract.
At the median starting rate, rounded to 15%, a manager has to lift revenue by 18% to leave an owner where they started, and 86% of company-run Chicago homes earned at least that much more than the owner-run median for their size, against 36% of owner-run homes with no manager at all.
What a fee costs a year on a median Chicago home
| Home | Median revenue | 15% fee | 20% fee | 25% fee | 30% fee |
|---|---|---|---|---|---|
| 1 bedroom | $33,900 | $5,085 | $6,780 | $8,475 | $10,170 |
| 2 bedrooms | $46,600 | $6,990 | $9,320 | $11,650 | $13,980 |
| 3 bedrooms | $54,300 | $8,145 | $10,860 | $13,575 | $16,290 |
| 4 bedrooms | $80,600 | $12,090 | $16,120 | $20,150 | $24,180 |
| 5+ bedrooms | $138,000 | $20,700 | $27,600 | $34,500 | $41,400 |
The fee on the median booking revenue of entire homes listed all 12 months, at common rates. A company's quote for your home can differ; ask for the full rate card in writing.
The numbers
Across Chicago, listings run by companies earned 112% more than owner-run listings with the same number of bedrooms and room type over the 12 months to September 2026, with nightly rates 71% higher and occupancy 14% higher.
A company charging a share of revenue pays for itself on revenue alone when it lifts income by more than the share: a 20% fee needs a 25% lift, and 5 of the 9 Chicago companies with enough homes to compare clear it. The table shows how many company-run homes clear each bar:
Company-run homes that earn enough to cover each fee
A home "earns it" when its revenue over the 12 months to September 2026 beat the owner-run median for homes of the same room type and bedroom count by at least the lift shown. Homes listed all year only.
Read the 20% row. 84% of company-run Chicago homes earned at least 25% more than the owner-run median for their size, enough to pay that fee and still leave the owner ahead. 32% of owner-run homes cleared the same mark with no manager at all, so a company-run home is 52 percentage points more likely to clear the bar, beyond the ±6 points that chance alone could produce on these numbers. Ask any manager to show you homes of its own that clear it.
Company-run homes out-earn similar owner-run ones whichever account they sit on: those a company co-hosts on the owner's own Airbnb account earned 74% more than similar owner-run homes, and those on a company's own account 168% more. Of all 411 year-round company-run Chicago homes, 187 stay on the owner's own account, with the company as co-host. Owners who keep the listing on their own account keep its reviews if they change manager.
Results vary by company, and the ranking shows the companies whose homes lead similar ones. Managers also choose the homes they take on, so part of any lead reflects the homes, and the comparison matches homes by room type and bedrooms only, not by street or finish. It counts Airbnb bookings only.
Profiles
The six top-ranked companies; the one beyond them whose homes most out-earn similar ones (by the 25% or more a 20% fee needs, across 15 or more year-round homes, rated 4.7 or higher over 100 or more reviews); and the next three top-ranked with enough homes to compare: what each runs, where, and how its homes compare with similar owner-run Chicago homes. Leads of 150% or more are flagged: they say as much about the homes as the management. Each card's revenue, per-night and nights figures are medians across its homes, so the last two don't multiply to the first.
The six top-ranked
#1 by listings ZIP 60612, ZIP 60609 Co-hosts on owners' accounts
Alle’s Team runs 98 active Chicago Airbnb listings.
#2 by listings ZIP 60622, ZIP 60640 Co-hosts on owners' accounts
Out-earns similar homes by enough to cover a 20% fee
AllSet Turnover runs 84 active Chicago Airbnb listings, and guests rate its homes 4.81 over 15,700 reviews.
#3 by listings ZIP 60607, ZIP 60696
Earns far more than similar homes
Cloud9 Windy City runs 81 active Chicago Airbnb listings, and guests rate its homes 4.87 over 4,430 reviews.
#4 by listings ZIP 60612, ZIP 60647
Earns far more than similar homes
The Dream Rentals runs 61 active Chicago Airbnb listings, and guests rate its homes 4.82 over 3,920 reviews.
#5 by listings ZIP 60613, ZIP 60657 Co-hosts on owners' accounts
Best results in Chicago Out-earns similar homes by enough to cover a 20% fee
Trove runs 59 active Chicago Airbnb listings, and guests rate its homes 4.88 over 15,800 reviews.
#6 by listings ZIP 60616, ZIP 60612 Co-hosts on owners' accounts
Aron’s Team runs 39 active Chicago Airbnb listings.
Top performers: homes that out-earn similar ones by enough to cover a 20% fee
#11 by listings ZIP 60607, ZIP 60622 Co-hosts on owners' accounts
Out-earns similar homes by enough to cover a 20% fee
Concierge by Pavilion runs 26 active Chicago Airbnb listings, and guests rate its homes 4.86 over 1,300 reviews.
The next ranked
#8 by listings ZIP 60605, ZIP 60611
Earns far more than similar homes
Chicago Hospitality Club runs 37 active Chicago Airbnb listings, and guests rate its homes 4.82 over 4,970 reviews.
#9 by listings ZIP 60610, ZIP 60654
Earns far more than similar homes
Hubbard Holdings runs 35 active Chicago Airbnb listings, and guests rate its homes 4.88 over 2,090 reviews.
#10 by listings ZIP 60626, ZIP 60619
Out-earns similar homes by enough to cover a 20% fee
Evolve runs 33 active Chicago Airbnb listings, and guests rate its homes 4.75 over 628 reviews.
Checklist
Benchmarks
A manager's projection is only as good as the homes it is compared with. These are the typical results for Chicago entire homes listed for all 12 months, by bedroom count, over the 12 months to September 2026.
What Chicago entire homes earned a year, by bedroom count
| Home | Median | Top quarter over | To net the median after 20% |
|---|---|---|---|
| 1 bedroom 840 homes | $33,900 | $49,700 | $42,380 |
| 2 bedrooms 1,360 homes | $46,600 | $77,700 | $58,250 |
| 3 bedrooms 851 homes | $54,300 | $87,400 | $67,880 |
| 4 bedrooms 314 homes | $80,600 | $132,000 | $100,750 |
| 5+ bedrooms 194 homes | $138,000 | $204,000 | $172,500 |
Booking revenue of entire homes listed all 12 months. A quarter of homes earned less than the bottom-quarter figure and a quarter more than the top-quarter one. The last column is what a home has to earn for a 20% fee to leave its owner the median.
A projection above the top-quarter line for your size of home ($77,700 for a two-bedroom) should come with the comparable homes the company already runs. The fee changes the sum: on a two-bedroom earning the median $46,600, a 20% fee comes to $9,320 a year and leaves its owner $37,280, so to leave you with the median a manager has to bring in $58,250.
Before comparing managers' fees, see what the home itself could earn: the Airbnb revenue calculator gives a revenue range for one Chicago address from comparable listings.
Market structure
Hosts with a single listing run 30% of Chicago's Airbnbs. Accounts with 20 or more listings, companies, individuals and hotels alike, run 23%. These bands count Airbnb accounts, not brands, so a company with several accounts can sit in more than one. The share Airbnb flags as professionally managed rose from 9% to 13% over the year.
Accounts with 20 or more listings run 23% of Chicago's Airbnbs
Share of Chicago's 6,460 active listings, by how many listings their operator runs in the city
37% of Chicago's listings name at least one co-host. Many management companies work that way: the listing, its reviews and its payouts stay on the owner's account, and the company runs it as co-host. The profiles above show how much of each company's portfolio runs on owners' accounts. Airbnb's own "professional host" flag covers 13% of listings; it marks hosts who run several homes, companies or not, so it isn't the same measure as the company share.
Where they work
The share of each neighborhood's active listings run by management companies and other business accounts.
| Neighborhood | Active listings | Share run by companies |
|---|---|---|
| ZIP 60622 | 366 | 17% |
| ZIP 60647 | 306 | 6% |
| ZIP 60618 | 231 | 3% |
| ZIP 60616 | 220 | 6% |
| ZIP 60608 | 209 | 13% |
| ZIP 60657 | 205 | 9% |
| ZIP 60614 | 189 | 11% |
| ZIP 60613 | 179 | 20% |
| ZIP 60612 | 174 | 19% |
| ZIP 60637 | 169 | 16% |
Neighborhood · active listings · share run by management companies and other businesses
Rules
The rules follow the property, whoever runs it. Short-term renting in Chicago is allowed Chicago allows Airbnb stays of 31 days or fewer with a $250-a-year city registration, but a house or a building of up to four homes must be the host's primary residence.
The Chicago Airbnb regulations page covers the permit, fees, operating limits and taxes, each linked to its official source. A manager that takes on your home should handle the permit and tax filings, and the contract should say who does what.
FAQ
Alle’s Team runs 98 active Chicago Airbnb listings in AirROI's data for the 12 months to September 2026, and AllSet Turnover (84) and Cloud9 Windy City (81) also run many.
In the 12 months to September 2026, 18 management companies ran 10 or more active Chicago listings, and 26 ran 5 or more. Many smaller managers work as co-hosts on owners' accounts; they are counted on every listing they co-host.
Airbnb's own "professional host" flag, which also covers individuals who run several homes, is on 13%, against 9% a year earlier. 37% list at least one co-host.
Yes, on average. In the 12 months to September 2026, Chicago homes run by companies with 10 or more listings earned 112% more than owner-run homes with the same number of bedrooms and room type (294 company-run and 616 owner-run year-round homes), according to AirROI. Company by company, 9 of the 9 with 10 or more year-round homes to compare out-earned similar homes, and 5 by the 25% or more that a 20% fee needs, not counting 4 whose lead of 150% or more is more than management usually explains. Company-run homes also charge 71% more a night than owner-run homes of the same size. Managers also choose which homes they take on, so part of any gap reflects the homes themselves.
Often: the typical company-run Chicago home earned 112% more than a similar owner-run one in the 12 months to September 2026, enough to cover a fee of up to about 53%. 5 of the 9 Chicago companies with 10 or more year-round homes out-earn similar owner-run homes by the 25% or more a 20% fee needs, led by Trove (+100%), Concierge by Pavilion (+100%) and AllSet Turnover (+53%). 84% of company-run Chicago homes earned 25% or more above the owner-run median for their size, enough to cover a 20% fee, against 32% of owner-run homes with no manager. A manager also buys back the time hosting takes: guest messages, cleaning, pricing and upkeep.
Few management companies publish their fees. Of the 81 companies AirROI checked in 6 US cities in September 2026, 9 publish a rate, from 10% to 30% of booking revenue with a median starting rate of 15%, and 49 quote only on request. So ask each Chicago company for its rate in writing, and whether it's a share of nightly revenue only or of cleaning fees too. What a fee has to earn is fixed: a 20% fee needs a 25% lift in revenue to leave you where you started, and a 30% fee needs 43%. In Chicago, the typical company-run home's lead over similar owner-run ones would cover a fee of up to about 53%.
On AirROI's data for the 12 months to September 2026, the Chicago companies whose homes most out-earn similar owner-run homes are Trove (+100% across 50 homes, rated 4.88), Concierge by Pavilion (+100% across 17 homes, rated 4.86) and AllSet Turnover (+53% across 67 homes, rated 4.81). That counts companies with 15 or more year-round homes, an average guest rating of 4.7 or higher over 100 or more reviews, and a lead of at least 25%, enough to cover a 20% fee. Cloud9 Windy City, The Dream Rentals, Chicago Hospitality Club and Hubbard Holdings show even larger leads, 150% or more, which also reflect the homes they run: their size, finish and location count alongside the management. No single measure makes a company best for your home: check that it runs homes like yours, in your area, before you sign.
The median 2-bedroom entire home in Chicago earned $46,600 in the 12 months to September 2026, and the top quarter earned $77,700 or more, at a median 55% occupancy.
Among Chicago management companies with at least 10 rated listings and 100 reviews, Trove (4.88), Hubbard Holdings (4.88) and Cloud9 Windy City (4.87) had the highest average guest ratings in the 12 months to September 2026.
RoomPicks (+34 listings), Hubbard Holdings (+8 listings), Evolve (+6 listings) added the most listings on their own Airbnb accounts over the past year.
A co-host helps run a listing that stays on the owner's Airbnb account, from messaging guests to pricing and cleaning, so the listing, its reviews and its payouts stay with the owner if the manager changes. A listing on a company's own account belongs to the company, and its reviews usually don't move with the home. 37% of Chicago's active listings name at least one co-host, and several of the companies above run most of their homes that way.
Yes: the rules apply to the property whoever runs it. Short-term renting in Chicago is allowed Chicago allows Airbnb stays of 31 days or fewer with a $250-a-year city registration, but a house or a building of up to four homes must be the host's primary residence. The Chicago Airbnb regulations page has the permit steps, fees and taxes.
By the number of active Chicago Airbnb listings each company runs, as host or co-host, in the 12 months to September 2026. Individual hosts who don't trade as a business are not named.
Method
The ranking counts active Airbnb listings in Chicago over the 12 months to September 2026, on the same definition as AirROI's Chicago market report, so the totals match. A listing counts toward its host account and toward every co-host named on it, because many companies run homes on the owner's own account. A company that runs several Airbnb accounts under one brand appears once, with the accounts combined.
Accounts are classified from their names, and the Chicago accounts with the most listings were checked by hand. Only property-management businesses are ranked, under the name they trade as; individual hosts who don't trade as a business count in every market figure but are never named, and neither are accounts with a generic name, such as "Property" or "Concierge", that can't be tied to a company. Hotels and serviced-apartment operators that list their own rooms are left out, and so are companies that mostly take stays of a month or more, because they compete with rentals rather than holiday lets.
"Lead vs similar" compares each of a company's homes with the median owner-run Chicago home of the same bedroom count and room type, and reports the median of those comparisons. The figure is shown where a company's homes earn more than similar ones. A lower figure isn't shown: on Airbnb data alone it mostly reflects listings that are new or re-listed and still building reviews, or homes that differ in ways a bedroom count misses, rather than the management. Only homes listed for the whole 12 months and open to bookings on at least 240 nights, booked on 60 or more, with 5 or more reviews count, on both sides, so a company that added homes mid-year isn't marked down for their short first year, a listing that sits idle or is too new to have reviews doesn't stand for its company, and an owner who rents out their own home a few weekends a year doesn't set the benchmark. Companies with fewer than five such homes show a dash, and those with fewer than ten show "few": too few to compare fairly, so their figures are never quoted. The ranking by revenue needs at least 15. The shortlist by home size needs five homes of a size and marks a figure on fewer than ten as a small sample. The ± bands treat homes as independent; homes run by one company resemble each other, so the true uncertainty is somewhat wider. The profiles split revenue into revenue per booked night and nights booked, on the same homes, each against the owner-run median for that measure. A home's revenue is the one times the other, but the three medians don't multiply: among owner-run homes, the ones that charge more tend to book fewer nights, so the median rate times the median nights isn't the median revenue. A company's rating averages its listings' overall Airbnb ratings, weighted by their reviews. Revenue is gross Airbnb booking revenue, estimated from booked nights and rates, before any management fee. Stays a company or owner sells on other sites or direct aren't counted, so a company that sells much of its calendar elsewhere can look weaker here than it is; that applies to owner-run homes too. A home counts toward the company named on it now, so a home that changed manager during the year brings months run by its previous one.
The fee figures pool the rates management companies publish on their own websites, checked by hand in September 2026 in the 6 US cities AirROI researched. No company's rate is shown on its own: most quote each home on request, so the page gives the spread of the published rates instead.
Growth counts the listings a company hosts on its own Airbnb accounts now against 12 months earlier. Companies that mostly co-host on owners' accounts show no growth figure, because Airbnb's co-host records from a year ago are incomplete, and accounts with no listings a year ago are marked new rather than ranked for growth.
The page is rebuilt each quarter from the latest listing data. A company that thinks its figures are wrong can write to AirROI, and corrections are checked against the listing data.