Wilmington, IL self-storage market

Population 5,494. Fails the self-storage screen with 14 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
14 / 100Fail

Fails the screen

0Population 5,494: in the 2,000 to 20,000 scope
+20Income $66k: $65k to $70k, good
-15Population -8.9% since 2015-2019: shrinking 5%+, penalty
+8Renters 35.6%: 30% to 40%, good
-1019 storage facilities within 10 mi (2 chain): 11+, penalty
-42 chain or REIT facilities within 10 mi
+15Supply 6.7 sq ft per person (269,129 sq ft / market population 40,326, 89% of facilities sized): under 7 sq ft, best
0Score 14 is under the pass mark 15
14Total, out of 100
Storage sq ft per person, 10 miles
6.7
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. 89% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
5,494
Residents of the Census place, ACS 5-year 2020 to 2024. 40,326 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$66,154
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-8.9%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
35.6%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
19
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 2 of them are chains or REITs.
Facilities whose nearest town is Wilmington
4
4 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Wilmington

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Clementine's ClosetsWilmington, ILIndependent2MembersMembersMembersMembers
Convenient Self StorageWilmington, ILIndependent0MembersMembersMembersMembers
T & R Mini StorageWilmington, ILIndependent9MembersMembersMembersMembers
Wildcat Self-StorageWilmington, ILIndependent15MembersMembersMembersMembers

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
Braidwood IL5 mi15 / 100Pass
Diamond IL5 mi43 / 100Pass
Coal IL7 mi33 / 100Pass
Elwood IL7 mi10 / 100Fail
Channahon IL9 mi28 / 100Pass
Minooka IL10 mi35 / 100Pass

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

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