Sheridan, IL self-storage market

Population 2,519. Fails the self-storage screen with 13 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
13 / 100Fail

Fails the screen

0Population 2,519: in the 2,000 to 20,000 scope
+25Income $85k: $70k+, best
-15Population -7.2% since 2015-2019: shrinking 5%+, penalty
+5Renters 21.2%: 20% to 30%, ok
-1011 storage facilities within 10 mi (1 chain): 11+, penalty
-21 chain or REIT facilities within 10 mi
+10Supply 8.3 sq ft per person (168,942 sq ft / market population 20,323, 82% of facilities sized): 7 to 8.5 sq ft, good
0Score 13 is under the pass mark 15
13Total, out of 100
Storage sq ft per person, 10 miles
8.3
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. 82% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,519
Residents of the Census place, ACS 5-year 2020 to 2024. 20,323 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$85,250
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-7.2%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
21.2%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
11
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 1 of them are chains or REITs.
Facilities whose nearest town is Sheridan
1
1 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Sheridan

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Let's Store It SheridanSheridan, ILIndependent0MembersMembersMembersMembers

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

Showing 1 of 1 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
Lake Holiday IL6 mi41 / 100Pass
Sandwich IL9 mi22 / 100Pass
Plano IL13 mi33 / 100Pass
Marseilles IL14 mi13 / 100Fail
Ottawa IL15 mi38 / 100Pass
Seneca IL16 mi10 / 100Fail

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

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