How much does it cost to rent at The Preserve at Osprey Lake Apartments?

Rent at The Preserve at Osprey Lake Apartments in Waukegan, IL ranges from $1,486 to $2,441 per month as of August 21, 2026.

What is the average studio rent at The Preserve at Osprey Lake Apartments?

The average studio apartment at The Preserve at Osprey Lake Apartments costs $1,524/month, starting from $1,486.

What is the average 1 bed rent at The Preserve at Osprey Lake Apartments?

The average 1 bed apartment at The Preserve at Osprey Lake Apartments costs $1,825/month, starting from $1,659.

What is the average 2 bed rent at The Preserve at Osprey Lake Apartments?

The average 2 bed apartment at The Preserve at Osprey Lake Apartments costs $2,243/month, starting from $2,099.

Is The Preserve at Osprey Lake Apartments a good apartment complex?

The Preserve at Osprey Lake Apartments has a 4.2-star rating on Google based on 402 reviews.

Updated August 21, 2026 at 2:06 p.m. CT

The Preserve at Osprey Lake Apartments

2025 Greystem Cir, Gurnee, IL 60031, USA

4.2 (402 reviews) Official Website

Live pricing, refreshed August 21, 2026 at 2:06 p.m. CT

Units Listed

$1,486

Starting at

$2,009

Average

$2,441

Highest

$2.18

Per Sq Ft

PRO

Avg Days Listed

How does this compare? View Gurnee 60031 rent trends

Beds

Pricing by Bedroom

Studio

$1,524

from $1,486 · 3 units

~521 sqft avg

1 Bed

$1,825

from $1,659 · 15 units

~822 sqft avg

2 Bed

$2,243

from $2,099 · 18 units

~1,074 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 (38)

Largest 8 movers of 38

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

$91K/mo

from 47 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$1,932

vs $2,009 current asking ($77 negotiation gap)

Recent Lease Activity

83 units tracked; 47 assumed leased, 36 listed now

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

Unlock with Pro

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

Very high availability

16 floor plans

Move-in Specials

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

Imperial Tower Apartments

$1,153 The Lakes at Fountain Square Apartment Homes

$1,327

The Preserve at Osprey Lake Apartments

$1,486

Centennial Apartments

$1,495 Luna Park

$1,625 Northgate Apartments

$1,740

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

Sort

36 units

Studio / 1 Bath The Starling I

$1,486/mo

500 ft² · $2.97/ft² · #22-0308

Down $13 since Aug 21 (was $1,499)

Studio / 1 Bath The Starling I

$1,526/mo

500 ft² · $3.05/ft² · #22-0307

Down $20 since Aug 14 (was $1,546)

Studio / 1 Bath The Starling II

$1,561/mo

562 ft² · $2.78/ft² · #18-0208

1 Bed / 1 Bath The Mallard I

$1,659/mo

862 ft² · $1.92/ft² · #20-0305

Down $25 since Aug 21 (was $1,684)

1 Bed / 1 Bath The Darter

$1,704/mo

845 ft² · $2.02/ft² · #15-0303

Down $25 since Aug 21 (was $1,729)

1 Bed / 1 Bath The Sanderling II

$1,762/mo

745 ft² · $2.37/ft² · #05-0205

Down $15 since Aug 21 (was $1,777)

1 Bed / 1 Bath The Sanderling II

$1,777/mo

745 ft² · $2.39/ft² · #02-0205

Down $15 since Aug 21 (was $1,792)

1 Bed / 1 Bath The Sanderling III

$1,817/mo

745 ft² · $2.44/ft² · #11-0305

Down $15 since Aug 21 (was $1,832)

1 Bed / 1 Bath The Sanderling III

$1,817/mo

745 ft² · $2.44/ft² · #12-0305

Down $15 since Aug 21 (was $1,832)

1 Bed / 1 Bath The Mallard I

$1,849/mo

862 ft² · $2.15/ft² · #16-0209

Down $25 since Aug 21 (was $1,874)

Unit	Floor Plan	Bed/Bath	Sqft	↑ Price	$/Sqft	Available	Listed	Details
22-0308	The Starling I	Studio / 1ba	500	$1,486	$2.97	2026-08-20	Pro	Down $13 since Aug 21
22-0307	The Starling I	Studio / 1ba	500	$1,526	$3.05	2026-09-04	Pro	Down $20 since Aug 14
18-0208	The Starling II	Studio / 1ba	562	$1,561	$2.78	2026-08-25	Pro
20-0305	The Mallard I	1bd / 1ba	862	$1,659	$1.92	2026-09-12	Pro	Down $25 since Aug 21
15-0303	The Darter	1bd / 1ba	845	$1,704	$2.02	2026-09-08	Pro	Down $25 since Aug 21
05-0205	The Sanderling II	1bd / 1ba	745	$1,762	$2.37	2026-07-24	Pro	Down $15 since Aug 21
02-0205	The Sanderling II	1bd / 1ba	745	$1,777	$2.39	2026-10-28	Pro	Down $15 since Aug 21
11-0305	The Sanderling III	1bd / 1ba	745	$1,817	$2.44	2026-08-21	Pro	Down $15 since Aug 21
12-0305	The Sanderling III	1bd / 1ba	745	$1,817	$2.44	2026-09-07	Pro	Down $15 since Aug 21
16-0209	The Mallard I	1bd / 1ba	862	$1,849	$2.15	2026-09-05	Pro	Down $25 since Aug 21
19-0201	The Mallard II	1bd / 1ba	860	$1,849	$2.15	2026-09-08	Pro	Down $25 since Aug 21
17-0301	The Mallard II	1bd / 1ba	860	$1,854	$2.16	2026-10-27	Pro
22-0101	The Mallard II	1bd / 1ba	860	$1,859	$2.16	2026-09-05	Pro	Down $25 since Aug 21
19-0406	The Mallard I	1bd / 1ba	862	$1,874	$2.17	2026-08-22	Pro	Down $25 since Aug 21
20-0406	The Mallard I	1bd / 1ba	862	$1,874	$2.17	2026-07-20	Pro	Down $25 since Aug 21
16-0206	The Mallard I	1bd / 1ba	862	$1,884	$2.19	2026-07-20	Pro	Down $25 since Aug 21
16-0310	The Mallard I	1bd / 1ba	862	$1,889	$2.19	2026-08-22	Pro	Down $25 since Aug 21
08-0207	The Sandpiper II	1bd / 1ba	750	$1,902	$2.54	2026-09-23	Pro	Down $15 since Aug 21
22-0202	The Goldcrest	2bd / 2ba	1,154	$2,099	$1.82	2026-09-10	Pro	Down $26 since Aug 21
05-0304	The Silverbill III	2bd / 2ba	1,074	$2,136	$1.99	2026-08-18	Pro	Down $20 since Aug 21
13-0302	The Swan III	2bd / 2ba	1,074	$2,136	$1.99	2026-08-22	Pro	Down $20 since Aug 21
14-0302	The Swan III	2bd / 2ba	1,074	$2,136	$1.99	2026-08-11	Pro	Down $20 since Aug 21
15-0202	The Swan II	2bd / 2ba	1,074	$2,166	$2.02	2026-10-21	Pro
14-0301	The Raven III	2bd / 2ba	1,040	$2,176	$2.09	2026-08-24	Pro	Up $2 since Aug 21
12-0208	The Heron	2bd / 2ba	1,024	$2,231	$2.18	2026-09-21	Pro
02-0201	The Raven II	2bd / 2ba	1,105	$2,236	$2.02	2026-08-25	Pro	Down $20 since Aug 21
14-0206	The Raven II	2bd / 2ba	1,105	$2,236	$2.02	2026-08-22	Pro	Down $20 since Aug 21
03-0208	The Heron	2bd / 2ba	1,024	$2,271	$2.22	2026-08-11	Pro	Up $2 since Aug 21
03-0301	The Raven III	2bd / 2ba	1,040	$2,274	$2.19	2026-06-02	Pro	Down $26 since Aug 21
13-0306	The Raven III	2bd / 2ba	1,040	$2,274	$2.19	2026-06-18	Pro	Down $26 since Aug 21
15-0306	The Raven III	2bd / 2ba	1,040	$2,274	$2.19	2026-04-27	Pro	Down $26 since Aug 21
04-0203	The Heron	2bd / 2ba	1,024	$2,291	$2.24	2026-07-13	Pro	Up $2 since Aug 21
21-0302	The Goldcrest	2bd / 2ba	1,154	$2,314	$2.01	2026-09-20	Pro	Down $26 since Aug 21
20-0102	The Goldcrest	2bd / 2ba	1,154	$2,319	$2.01	2026-09-23	Pro	Down $26 since Aug 21
06-0101	The Raven I	2bd / 2ba	1,062	$2,366	$2.23	2026-11-09	Pro	Up $2 since Aug 21
08-0101	The Raven I	2bd / 2ba	1,062	$2,441	$2.30	2026-11-07	Pro	Up $2 since Aug 21

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.