Western Springs, IL self-storage market

Population 13,446. Passes the self-storage screen with 20 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
20 / 100Pass

Passes the screen

0Population 13,446: in the 2,000 to 20,000 scope
+25Income $230k: $70k+, best
0Population +1.3% since 2015-2019: flat (within 2%), ok
0Renters 4.4%: under 20%, low
-1058 storage facilities within 10 mi (51 chain): 11+, penalty
-1051 chain or REIT facilities within 10 mi
+15Supply 2.1 sq ft per person (2,209,645 sq ft / market population 1,039,226, 90% of facilities sized): under 7 sq ft, best
20Total, out of 100
Storage sq ft per person, 10 miles
2.1
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. 90% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
13,446
Residents of the Census place, ACS 5-year 2020 to 2024. 1,039,226 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$230,255
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+1.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
4.4%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
58
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 51 of them are chains or REITs.
Facilities whose nearest town is Western Springs
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Western Springs

No facility lists Western Springs as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
La Grange IL1 mi28 / 100Pass
Hinsdale IL1 mi12 / 100Fail
Countryside IL2 mi33 / 100Pass
Indian Head Park IL2 mi28 / 100Pass
La Grange Park IL2 mi25 / 100Pass
Clarendon Hills IL3 mi20 / 100Pass

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

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