Lake of the Woods, IL self-storage market

Population 2,091. Fails the self-storage screen with -5 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
-5 / 100Fail

Fails the screen

0Population 2,091: in the 2,000 to 20,000 scope
+15Income $62k: $50k to $65k, ok
-15Population -13% since 2015-2019: shrinking 5%+, penalty
0Renters 13.9%: under 20%, low
-1023 storage facilities within 10 mi (7 chain): 11+, penalty
-107 chain or REIT facilities within 10 mi
+15Supply 3.9 sq ft per person (410,768 sq ft / market population 105,370, 83% of facilities sized): under 7 sq ft, best
0Score -5 is under the pass mark 15
-5Total, out of 100
Storage sq ft per person, 10 miles
3.9
Estimated building sq ft of every facility within 10 miles, divided by everyone living within 10 miles. Under 7 is undersupplied; over 10 is crowded. 83% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,091
Residents of the Census place, ACS 5-year 2020 to 2024. 105,370 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$61,625
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-13.0%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
13.9%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
23
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 7 of them are chains or REITs.
Facilities whose nearest town is Lake of the Woods
4
4 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Lake of the Woods

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Bulldog StorageLake of the Woods, ILIndependent70MembersMembersMembersMembers
Fisher Store & Lock Mini WhsLake of the Woods, ILIndependent1MembersMembersMembersMembers
Hideaway Self StorageLake of the Woods, ILIndependent67MembersMembersMembersMembers
Storage CenterLake of the Woods, ILIndependent0MembersMembersMembersMembers

Lead score runs 0 to 100, higher = better lead. Lead Weak Fail

Showing 4 of 4 facilities, sorted by name. Members see all of them with every field, sorted by lead score, highest first.

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Nearby towns

TownDistanceTown scorehigher = better market to buy in
Mahomet IL1 mi40 / 100Pass
Savoy IL12 mi38 / 100Pass
Rantoul IL13 mi-19 / 100Fail
Monticello IL16 mi30 / 100Pass
Tolono IL16 mi35 / 100Pass
Gibson IL18 mi43 / 100Fail

Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check

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