Residential Property Registration

Registration Due Date

• Renewals: Annually on FEBRUARY 28TH
• New Registrations: Within 30 days of the property's closing date

Register

Non-Owner Occupied Property Registration Application

Fees

• Renewals: Single Family Properties: $75.00 / Multi-Family Properties: $75.00 for first unit, $20.00/Additional Unit (ex. Duplex: 2 units - $75.00 1st unit + $20.00 addl. Unit = Total Due: $95.00)
• New Registrations January 1 - September 30: Single Family Properties: $75.00 / Multi-Family Properties: $75.00 for first unit, $20.00/Additional Unit (ex. Duplex: 2 units - $75.00 1st unit + $20.00 addl. Unit = Total Due: $95.00) 
• New Registrations October 1 - December 31: Single Family Properties: $50.00 / Multi-Family Properties: $50.00 for first unit, $20.00/Additional Unit (ex. Duplex: 2 units - $50.00 1st unit + $20.00 addl. Unit = Total Due: $70.00)  

Owner Responsibility

It is the responsibility of the property owner to:

• Ensure their property is registered annually by February 28th 
• Provide an accurate and complete listing of properties requiring registration
• Remit payment by the designated due date
• Provide updated contact information (mailing address, email address, phone number)
• Notify the office of any changes regarding the registered property (property sold, property acquired, new property manager etc)

Short-Term Rental License 

Contact the Community Development Department 309-494-8600 to find out if your property requires a Special Use Permit to operate as a Short-Term Rental BEFORE applying for a Short-Term Rental License

Apply

Short-Term Rental License & Tax Portal

License Renewal Date

• Short-term Rental License renewals are due JANUARY 31st each year. 
• Emails reminding licensees of their upcoming renewal will be sent out 30 days prior to due date. (Renewal is still required even if you do not receive an email)
• If you miss the renewal deadline, you will be required to apply for a NEW short-term rental license.

Fees*

• Renewals: $75.00 annually per short-term rental unit 
• New License: $75.00 per short-term rental unit
• There is no discount for additional units, each unit must be licensed individually.

*A credit card/debit card transaction fee will apply.

Taxes*

Short-Term Rental properties are required to remit the City's Municipal  Hotel/Motel/Room Rental Rental Tax. 

• Tax Rate: A tax is assessed at 8.00% for each rented unit for each 24-hour period or any portion thereof, if the period of rental is longer than 30 days, the tax is not imposed. (ROOM STAYS OF 30 DAYS OR MORE ARE THE ONLY ALLOWABLE DEDUCTIONS)
• Tax Remittance: Tax remittance can ONLY be submitted via the Short-Term License & Tax Web Portal . The City requires this tax to be remitted upon renewal of your Short-Term Rental License each year in January. Tax payments can be remitted Annually, Monthly, or Quarterly.
• Tax Forms: Tax documentation and the City's Tax Return form are required upon remittance of the tax. Documentation can be in the form of your State of Illinois tax form indicating taxable room stays or full listing of fees and room stays for each month or quarter tax is being remitted for. The City's Short-Term Rental Tax Return  is modeled after the website for ease of submittal. 

*The City of Peoria does not have an agreement with AirBNB or with VRBO, they do not remit the City's required Municipal tax.  Payment for this tax must be remitted by the property owner or their designated agent. 

Foreclosure Property Registration Required

Foreclosure Property Registration Form

Please complete the Customer Registration Form. This will allow us to assign you a customer number in our system.

Foreclosure registration is required for all properties that:

• Are undergoing foreclosure action by the mortgagee or trustee.
• Are the subject of foreclosure action by a mortgagee or trustee and a judgement has been entered.
• Are the subject of a foreclosure sale where the title was transferred to the beneficiary of any mortgage involved in the foreclosure.
• Are transferred under a deed in lieu of foreclosure/sale.

Fees

A registration fee of $300.00 is required at the time of the property registration, and each subsequent 6 month registration renewal. Payment is due at the time of registration. 

Renewal Required

Renewal of the registration is required every 6 months from the initial date of registration until the property is sold to a non-related bona fide purchaser or the foreclosure action has been dismissed.

Renewal Fee

The $300.00 renewal registration fee is due within 10 days of the expiration of the previous registration. 

Penalty

A $60 late fee will be charged if the property is registered after the 10 day allowance period. The penalty fee will be additionally charged for every 30 day period or portion thereof that the property is not registered. 

Responsibility

It is the responsibility of the Servicing Bank/Legal Owner to:

• Ensure their property is registered every 6 months 
• Provide a complete and accurate registration form at the time of registration and at each renewal period.
• Remit payment within 10 days of the application submission.
• Provide updated contact information (mailing address, email address, phone number)
• Notify the office of any changes regarding the registered property (property sold, new property manager etc)