Lake Villa, IL self-storage market

Population 8,683. Passes the self-storage screen with 25 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
25 / 100Pass

Passes the screen

0Population 8,683: in the 2,000 to 20,000 scope
+25Income $119k: $70k+, best
0Population -0.3% since 2015-2019: flat (within 2%), ok
+5Renters 25.7%: 20% to 30%, ok
-1031 storage facilities within 10 mi (16 chain): 11+, penalty
-1016 chain or REIT facilities within 10 mi
+15Supply 3.6 sq ft per person (875,603 sq ft / market population 240,801, 87% of facilities sized): under 7 sq ft, best
25Total, out of 100
Storage sq ft per person, 10 miles
3.6
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. 87% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
8,683
Residents of the Census place, ACS 5-year 2020 to 2024. 240,801 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$118,750
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-0.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
25.7%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
31
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 16 of them are chains or REITs.
Facilities whose nearest town is Lake Villa
2
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Lake Villa

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Easy Space Self StorageLake Villa, ILIndependent22MembersMembersMembersMembers
Lake Villa Business ParkLake Villa, ILIndependent39MembersMembersMembersMembers

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

Showing 2 of 2 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
Venetian IL2 mi5 / 100Fail
Fox Lake Hills IL2 mi28 / 100Pass
Round Lake Heights IL3 mi10 / 100Fail
Lindenhurst IL3 mi20 / 100Pass
Long Lake IL4 mi5 / 100Fail
Antioch IL4 mi33 / 100Pass

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

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