City of Chicago Business License Fee Updates

As part of the 2026 City of Chicago Budget, business license fees have been adjusted. These adjustments help maintain essential city services while supporting long-term financial stability. 

As of January 1, 2026, the fees are as follows:

• Limited Business License: $500 for a two-year license
• Regulated Business License: $1,000 for a two-year license 
• Hotel license: $1,000 plus $2.20/room for a two-year license 
• Booting of Motor Vehicles license: $1,000 for a two-year license plus one-time fee of $100 per location
• Pharmaceutical Representative license: $750 per year
• Massage Establishment license: $550 for a two-year license
• Shared Housing Licensing and Registration: 
• Shared Housing Unit registration: $250 per year
• Shared Housing Unit Operator license: $500 for a two-year license
• Application for Commissioner’s Adjustment: $360 per application
• Commercial vessel license: $600 for any passenger occupancy limit 

As of February 1, 2026, the fees are as follows:

• Livery: $1,200 for a two-year license
• Charter/sightseeing vehicle: $1,000
• Medical carrier vehicle: $600

The City of Chicago remains committed to providing business resources, programs and streamlined services to help businesses continue to start and grow in Chicago.

For information on business license types and to apply or renew a business license, visit Chicago.gov/BusinessLicensing. 

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Questions about how these licensing fee changes may impact your business? The Greater Ravenswood Chamber of Commerce is here to help. As a Neighborhood Business Development Center, the GRCC provides free assistance to business owners and entrepreneurs navigating City of Chicago licensing, permitting, and other regulatory processes. Reach out to our team for guidance, resources, and one-on-one support as you start, grow, or operate your business.