Lake Zurich, IL self-storage market

Population 19,832. 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 19,832: in the 2,000 to 20,000 scope
+25Income $136k: $70k+, best
0Population -0.4% since 2015-2019: flat (within 2%), ok
+5Renters 22.2%: 20% to 30%, ok
-1035 storage facilities within 10 mi (31 chain): 11+, penalty
-1031 chain or REIT facilities within 10 mi
+15Supply 2.4 sq ft per person (1,272,367 sq ft / market population 528,373, 91% of facilities sized): under 7 sq ft, best
25Total, out of 100
Storage sq ft per person, 10 miles
2.4
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. 91% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
19,832
Residents of the Census place, ACS 5-year 2020 to 2024. 528,373 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$135,968
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-0.4%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
22.2%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
35
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 31 of them are chains or REITs.
Facilities whose nearest town is Lake Zurich
2
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Lake Zurich

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
CubeSmart Self StorageLake Zurich, ILChain or REIT296MembersMembersMembersMembers
Extra Space StorageLake Zurich, ILChain or REIT367MembersMembersMembersMembers

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
Deer Park IL2 mi17 / 100Pass
Kildeer IL2 mi28 / 100Pass
North Barrington IL2 mi28 / 100Pass
Hawthorn Woods IL3 mi28 / 100Pass
Barrington IL4 mi33 / 100Pass
Long Grove IL4 mi28 / 100Pass

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

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