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Highlights
Pet Friendly
Location
Sherman Dr, Chicago, IL 60609, USA|New City
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Amenities for 706 Sherman Dr, New City
Apartment Amenities
| Air Conditioning | Balcony |
| Dryer | Forced Air |
| Freezer | Hardwood Floor |
| High Ceilings | Linoleum Vinyl |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Microwave |
| Range/Oven | Refrigerator |
Tech
| Alarm System | Cable Ready |
| Wired For Internet |
Building
| Cats OK | Controlled Building |
| Dogs OK | EV Charging |
| Fitness Center | Residents Lounge |
| Roof Deck | Security Cameras |
Grounds
| Garage Parking | Outdoor Space |
| Storage | Swimming Pool |
Services
| Concierge Service | Package Service |
Neighborhood
| Near Parks | Street |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 706 Sherman Dr
Property Id: 2388748 Discover urban living with loft-style flair in the heart of the Chicago Printer’s Row, South Loop. Just steps from South Loop favorites, vibrant dining, shopping, and convenient transit access, these exceptional studio, one- and two-bedroom residences blend industrial-chic design with modern comfort. • Spacious loft-inspired layouts with 10-foot ceilings, exposed concrete & spiral ductwork • Sleek kitchens with quartz countertops, designer lighting, wood flooring & stainless steel appliances • Private balconies or terraces and downtown skyline views in select homes • Rooftop sundecks with outdoor lounges, built-in grills and fire pits • Resort-style pool and BBQ areas with city views • Fully equipped fitness center and stylish resident lounge • Co-working spaces and tech lounge for work-from-home convenience • Pet-friendly community with dog park and paw wash • 24-hour concierge and package services
Built with eco-conscious features including low-VOC finishes, programmable thermostats, bike storage, and electric vehicle charging stations — offering comfort, efficiency, and responsible living. 
Enjoy easy access to Grant Park, the lakefront trail, and public transportation via the Chicago Transit Authority, putting the entire city within reach. Schedule your tour today and experience elevated city living in the South Loop.
Address details
| Neighborhood | New City |
|---|---|
| Zip code | 60609 |
| Type | Condo for rent |
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Rent trends in New City
1-bedroom apartments at 706 Sherman Dr cost about 130% more than the average rent price for 1-bedroom apartments in New City.
Median rents as of Feb 14 2026.
New City
Chicago
| Month | Median Rent |
|---|---|
| March 2024 | $2,319 |
| April 2024 | $2,180 |
| May 2024 | $2,248 |
| June 2024 | $2,337 |
| July 2024 | $2,354 |
| August 2024 | $2,210 |
| September 2024 | $2,235 |
| October 2024 | $2,200 |
| November 2024 | $2,118 |
| December 2024 | $1,961 |
| January 2025 | $1,932 |
| February 2025 | $1,991 |
| March 2025 | $2,036 |
| April 2025 | $2,050 |
| May 2025 | $2,040 |
| June 2025 | $2,012 |
| July 2025 | $2,172 |
| August 2025 | $2,064 |
| September 2025 | $1,986 |
| October 2025 | $1,940 |
| November 2025 | $1,952 |
| December 2025 | $1,950 |
| January 2026 | $1,997 |
| February 2026 | $2,011 |
| Month | Median Rent |
|---|---|
| May 2024 | $1,095 |
| June 2024 | $1,095 |
| August 2024 | $1,096 |
| September 2024 | $1,100 |
| October 2024 | $1,123 |
| November 2024 | $1,195 |
| December 2024 | $900 |
| January 2025 | $1,100 |
| February 2025 | $1,100 |
| March 2025 | $1,350 |
| April 2025 | $1,350 |
| July 2025 | $998 |
| August 2025 | $999 |
| September 2025 | $998 |
Affordability calculator
Can I afford to live at Sherman Dr?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$92,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $92,000 annually to afford this 1-bedroom monthly rent price of $2,300.
For more information on rent affordability, visit our rent calculator.
Schools near 706 Sherman Dr
Arthur A. Libby Elementary School
5300 s loomis blvd
chicago, IL, 60609
PK, K-8Public
C
Chicago Commons Paulo Freire Center
1653 west 43rd st
chicago, IL, 60609
PKPublic
Mitzi Freidheim Englewood Child & Family Center
1701 west 63rd st
chicago, IL, 60636
PKPublic
Christopher Elementary School
5042 s artesian ave
chicago, IL, 60632
K-8Public
C
Talman Elementary School
5450 s talman ave
chicago, IL, 60632
PK, K-8Public
B-
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Internet available near 706 Sherman Dr
Neighborhood
New City | Chicago, IL
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Chicago near Sherman Dr
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for Sherman Dr, Chicago
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
3/10
Some bars within walking distance
Explore the area around Sherman Dr
Angel's Food Wine & Spirits
925 W 57th St
Goldmore Food & Liquor
1949 W 51st St
ALDI
1508 W 47th St
El Guero
1701 W 47th St
Skip's Rha Food & Liquor
5515 S Damen Ave
Creative Kneads
Bill the Hatter
4831 S Ashland Ave
Be'loved Boutique
4765 S Ashland Ave
Dress Code
4737 S Ashland Ave
Ama
4735 S Ashland Ave
Duce Cafe Cubano
5100 S Racine Ave
Dunkin'
1550 W Garfield Blvd
Dunkin'
825 W 47th St
Dunkin'
4302 S Ashland Ave
Starbucks
806 W 63rd St
Linda's Place
1044 W 51st St
Bar El Intimo
1706 W 47th St
Homer's
4518 S McDowell Ave
Stanley's
4258 S Ashland Ave
Kelly's Tavern
4403 S Wallace St
Amazcakes
5020 S Ashland Ave
La Baguette Bakery
1657 W 47th St
Pleasant House Bakery LLC
1400 W 46th St
Signs Wonders & Miracle Healing
5914 S Green St
La Baguette Bakery
4321 S Ashland Ave
Sherman Park
Back of the Yards Park
Garfield Boulevard
Park Number 437
Packingtown Playlot Park
Duce Cafe Cubano
5100 S Racine Ave
Joe's Grill
5102 S Racine Ave
Joes Grill
1156 W 51st St
Dunkin'
1550 W Garfield Blvd
Supreme
5506 S Ashland Ave
Racine / 53rd Street
Wallace / Racine
Racine / 53rd Street
Wallace / Racine
51st Street / Loomis
51st
Racine / 52nd Street
Wallace / Racine
Racine / 52nd Street
Wallace / Racine
35th St. - Lou Jones
Rock Island
47th St. (Kenwood)
Metra Electric
59th St. (U. of Chicago)
Metra Electric
55th - 56th - 57th St.
Metra Electric
57th St.
South Shore Line, South Shore Line
Ashland / 63rd
Green Line, Green Line
Western
Orange Line, Orange Line
Garfield
Red Line, Red Line
Halsted
Green Line, Green Line
47th
Red Line, Red Line
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