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The Preserve at Osprey Lake Apartments apartments in Waukegan, IL

Updated

The Preserve at Osprey Lake Apartments

2025 Greystem Cir, Gurnee, IL 60031, USA

4.2 (402 reviews) Official Website

Live pricing, refreshed

41
Units Listed
$1,495
Starting at
$1,973
Average
$2,376
Highest
$2.15
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Gurnee 60031 rent trends

Beds

Pricing by Bedroom

Studio
$1,507
from $1,495 · 3 units
~521 sqft avg
1 Bed
$1,801
from $1,659 · 16 units
~790 sqft avg
2 Bed
$2,162
from $1,985 · 22 units
~1,065 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (50)

Largest 8 movers of 50

Last 15 days

Estimated 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: observed data only.

Observed Lease Revenue

$116K/mo

from 61 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$1,899

vs $1,973 current asking ($74 negotiation gap)

Recent Lease Activity

102 units tracked; 61 assumed leased, 41 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

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

41

Very high availability

17 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Waukegan, IL

Similar

Comparing this building against 5 similar Waukegan, IL apartments by price. Click any bar to view that building.

See rent trends on the Waukegan, IL map Explore Waukegan, IL on the interactive map

Available Units

41 units
Studio / 1 Bath The Starling I
$1,495/mo
500 ft² · $2.99/ft² · #16-0307
Down $20 since Sep 23 (was $1,515)
Studio / 1 Bath The Starling I
$1,495/mo
500 ft² · $2.99/ft² · #22-0307
Down $20 since Sep 23 (was $1,515)
Studio / 1 Bath The Starling II
$1,530/mo
562 ft² · $2.72/ft² · #18-0208
Down $20 since Sep 23 (was $1,550)
1 Bed / 1 Bath The Sanderling III
$1,659/mo
745 ft² · $2.23/ft² · #15-0305
1 Bed / 1 Bath The Sandpiper III
$1,698/mo
750 ft² · $2.26/ft² · #01-0307
Down $10 since Sep 23 (was $1,708)
1 Bed / 1 Bath The Sanderling III
$1,698/mo
745 ft² · $2.28/ft² · #02-0305
Down $10 since Sep 23 (was $1,708)
1 Bed / 1 Bath The Sanderling III
$1,698/mo
745 ft² · $2.28/ft² · #13-0305
Down $10 since Sep 23 (was $1,708)
1 Bed / 1 Bath The Sanderling II
$1,743/mo
745 ft² · $2.34/ft² · #02-0205
Down $10 since Sep 23 (was $1,753)
1 Bed / 1 Bath The Sandpiper III
$1,748/mo
750 ft² · $2.33/ft² · #08-0307
Down $10 since Sep 23 (was $1,758)
1 Bed / 1 Bath The Sanderling III
$1,783/mo
745 ft² · $2.39/ft² · #11-0305
Down $10 since Sep 23 (was $1,793)

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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Train activity

Trains close by

Freight line 2,123 ft away · 9 trains/day

  • 5 daytime, 4 overnight
  • No road crossing within earshot. Horns unlikely.
  • Operator: UP

Why this matters →

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

No resident notes for this property yet.

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