Updated
The Lakes at Fountain Square Apartment Homes
500 Lakehurst Rd, Waukegan, IL 60085
Live pricing, refreshed
How does this compare? View Gurnee 60031 rent trends
Pricing by Bedroom
Rent Distribution
Price by Bedroom
Price Breakdown
Rent by Unit
Price vs. Square Footage
Price History
Property Price Trend
Units with Price Changes (19)
Largest 8 movers of 19Estimated Building Revenue
How is this calculated?
Rental revenue model
We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.
- Building size: modeled from how many distinct units we have observed over time
- Occupancy: building size minus currently listed units
- Rents: observed lease-offs first, current asking rents as fallback
These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).
Est. Monthly Revenue
$285K
$3.4M annual run rate
Modeled estimate
Est. Occupancy
90%
of about 180 units (modeled from leasing activity)
Effective Rent on New Leases
$1,760
vs $1,665 current asking
Recent Lease Activity
30 units tracked; 12 assumed leased, 18 listed nowSee which units leased, when they left the market, and the rent they leased at.
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How is this calculated?
Negotiation Leverage Score (0-100)
Based on 5 observable signals from the property's listing data:
- +30 pts: 15+ units currently listed
- +25 pts: Active move-in specials
- +20 pts: Deep discounts (>$150/mo off)
- +15 pts: 5+ distinct floor plans
- +10 pts: 25+ units listed
All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.
Listed Units
18
Good availability
2 floor plans
Move-in Specials
0
No active promotions
Negotiation Leverage
Some signals suggest room to negotiate, especially if you can be flexible on move-in date.
Price vs. Waukegan, IL
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Available Units
| Unit | Floor Plan | Bed/Bath | Sqft | ↑ Price | $/Sqft | Available | Details |
|---|---|---|---|---|---|---|---|
| 503GR | Michigan | 1bd / 1ba | 680 | $1,452 | $2.14 | 2026-08-10 | Up $26 since Jul 15 |
| 5051R | Michigan | 1bd / 1ba | 680 | $1,483 | $2.18 | 2026-10-06 | |
| 5411R | Michigan | 1bd / 1ba | 680 | $1,483 | $2.18 | 2026-07-16 | |
| 569GR | Michigan | 1bd / 1ba | 680 | $1,508 | $2.22 | 2026-09-20 | |
| 516GL | Michigan | 1bd / 1ba | 680 | $1,608 | $2.36 | 2026-08-10 | |
| 5551L | Ontario | 2bd / 1ba | 880 | $1,667 | $1.89 | 2026-08-16 | Up $1 since Jul 15 |
| 5832R | Ontario | 2bd / 1ba | 880 | $1,676 | $1.90 | 2026-07-28 | |
| 521GR | Ontario | 2bd / 1ba | 880 | $1,686 | $1.92 | 2026-09-06 | Down $1 since Jul 15 |
| 557GL | Ontario | 2bd / 1ba | 880 | $1,686 | $1.92 | 2026-07-15 | Up $1 since Jul 15 |
| 521GL | Ontario | 2bd / 1ba | 880 | $1,687 | $1.92 | 2026-07-15 | Down $2 since Jul 15 |
Unit Details
Fees, Parking & True Monthly Cost
Monthly Fees
Added to base rent automatically
True Monthly Cost
Starting price + fees
Train activity
Trains close by
Freight line 1,723 ft away · 36 trains/day
- 26 daytime, 10 overnight
- No road crossing within earshot. Horns unlikely.
- Operator: SOO
City Club
Resident Notes & Access Codes
Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Waukegan, IL notes
Other Waukegan, IL Apartments
Gurnee 60031 Rent Trends
See how rent prices are changing in Gurnee 60031 and across Waukegan, IL.