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- Studio–3 Bedrooms
- $1,405-$4,150Pricing
- 397–1,464Square Feet
Rent Specials
Advertised pricing may be the rent reflective of any lease incentives that may be offered. Pricing, availability, and specials are subject to change at any time without notice.
About 1940 Sherman Ave.
Now leasing for the 2026 Season! Discover sophisticated urban living at our stunning 1940 Sherman residence, strategically located steps away from Northwestern University. Our building offers an array of living spaces, from cozy studios to spacious 2-bedroom apartments, each adorned with hardwood floors, ample closet space, tile bathrooms, and timeless finishes. Enjoy the convenience of optional parking (monthly fee applies), storage lockers, shared laundry, a workout facility, and secure bike storage. Immerse yourself in the vibrant Evanston community with nearby dining hot spots like Stacked&Folded, Social House, and Tapas Barcelona. An 8-Minute walk to downtown Evanston and a 10-minute walk to Clark Street Beach. No pets please. Contact Enes to schedule a tour: Application, administration, and bundle service fees apply. Professionally managed by Peak Properties and Listed by Cross Street.
1940 Sherman Ave. is located in the 60201 Zip code of Evanston, IL. This community is professionally managed by Peak Realty Chicago
Unique Features and Amenities
- AC Wall Units
- Air Conditioner
- Bike Racks
- Ceiling Fan
- Dishwasher in select units
- Extra Storage
- Large Closets
- Onsite Parking
- Parking
- Radiator Heating
- Storage
Property Contact Info

Floorplan Pricing and Availability
1940 Sherman Ave. offers Studio to 3 Bedroom apartments starting from $1,405 and having 397–1,464 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
Studio
Studio - 1 Bathroom
From $1,405
Studio, 1 Bath, 397-628 sq ftAvailable Jul 1Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $1,560 July 1, 2026 1940-314 603 $1,560 July 1, 2026 1940-406 603 $1,435 July 1, 2026 1940-411 397 Model Amenities and Features
Features
- Air Conditioning
- Cable Ready
- Ceiling Fans
- Heating
Kitchen
- Dishwasher
- Refrigerator
Model Rent and Fees
Model Price Range
- $1,405 - $1,640
Current Available Pricing
- $1,435 - $1,560
Unit 1940-314 Rent and Fees
Unit Price
- $1,560
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $1,405 - $1,640
Unit 1940-406 Rent and Fees
Unit Price
- $1,560
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $1,405 - $1,640
Unit 1940-411 Rent and Fees
Unit Price
- $1,435
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $1,405 - $1,640
Apartment Model: Studio - 1 BathroomFrom $1,405Studio, 1 Bath, 397-628 sq ftAvailable July 1, 2026![]()
Studio - 1 Bathroom - Floorplan 1 Apartment Unit: 1940-314Apartment Model: Studio - 1 Bathroom$1,560Studio, 1 Bath, 603 sq ftAvailable July 1, 2026Apartment Unit: 1940-406Apartment Model: Studio - 1 Bathroom$1,560Studio, 1 Bath, 603 sq ftAvailable July 1, 2026Apartment Unit: 1940-411Apartment Model: Studio - 1 Bathroom$1,435Studio, 1 Bath, 397 sq ftAvailable July 1, 20261 Bedroom
1 Bedroom - 1 Bathroom
From $1,795
1 Bed, 1 Bath, 523-783 sq ftAvailable Sep 1Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $1,795 September 1, 2026 1940-103 523 $1,850 September 1, 2026 1940-202 783 Model Amenities and Features
Features
- Air Conditioning
- Cable Ready
- Ceiling Fans
- Heating
Kitchen
- Dishwasher
- Refrigerator
Model Rent and Fees
Model Price Range
- $1,795 - $1,850
Unit 1940-103 Rent and Fees
Unit Price
- $1,795
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $1,795 - $1,850
Unit 1940-202 Rent and Fees
Unit Price
- $1,850
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $1,795 - $1,850
Apartment Model: 1 Bedroom - 1 BathroomFrom $1,7951 Bedroom, 1 Bath, 523-783 sq ftAvailable September 1, 2026![]()
1 Bedroom - 1 Bathroom - Floorplan 1 ![]()
1 Bedroom - 1 Bathroom - Floorplan 2 Apartment Unit: 1940-103Apartment Model: 1 Bedroom - 1 Bathroom$1,7951 Bedroom, 1 Bath, 523 sq ftAvailable September 1, 2026Apartment Unit: 1940-202Apartment Model: 1 Bedroom - 1 Bathroom$1,8501 Bedroom, 1 Bath, 783 sq ftAvailable September 1, 20262 Bedrooms
2 Bedroom - 1 Bathroom
$2,965
2 Beds, 1 Bath, 988 sq ftAvailable Sep 1Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $2,965 September 1, 2026 1940-416 988 Model Amenities and Features
Features
- Air Conditioning
- Cable Ready
- Ceiling Fans
- Heating
Kitchen
- Dishwasher
- Refrigerator
Unit 1940-416 Rent and Fees
Unit Price
- $2,965
View Details and Rent EstimateModel Rent and Fees
Price
- $2,965
Apartment Model: 2 Bedroom - 1 Bathroom$2,9652 Bedroom, 1 Bath, 988 sq ftAvailable September 1, 2026![]()
2 Bedroom - 1 Bathroom - Floorplan 1 Apartment Unit: 1940-416Apartment Model: 2 Bedroom - 1 Bathroom$2,9652 Bedroom, 1 Bath, 988 sq ftAvailable September 1, 20263 Bedrooms
3 Bedroom - 1 Bathroom
$4,150
3 Beds, 1 Bath, 1464 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $4,150 Available Now 3 Bedroom - 1 Bathroom 1464 sq ft Model Amenities and Features
Features
- Air Conditioning
- Cable Ready
- Ceiling Fans
- Heating
Kitchen
- Dishwasher
- Refrigerator
Model Rent and Fees
Model Price
- $4,150
Apartment Model: 3 Bedroom - 1 Bathroom$4,1503 Bedroom, 1 Bath, 1464 sq ftAvailable Now![]()
3 Bedroom - 1 Bathroom - Floorplan 1
Schedule a Tour
Property Information
- 56 Units
- 4 Stories
- Built in 1929
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.
Required Fees
One-Time Basics
- Due at Move-In
- Administrative FeeiCharged per unit.$350
- Due at Application
- Application Fee Per ApplicantiCharged per applicant.$79
Other Fees
Storage Fees
- Storage DepositiCharged per rentable item.$0
- Storage RentiCharged per rentable item.$0/mo
Storage Unit
Pet Fees
No Pets Allowed
Parking Info and Fees
- Surface Lot
- 1 Max
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Features and Amenities
On-Site Services
- Property Manager On Site
- 24 Hour Access
- Laundry Facilities
Recreation and Fitness
- Fitness Center
- Bicycle Storage
Interior Features
- Heating
- Ceiling Fans
- Cable Ready
- Air Conditioning
Kitchen Amenities
- Dishwasher
- Refrigerator
Living Area Features
- Hardwood Floors
Pet Policy
- No Pets Allowed

Map
- Shopping
- Colleges
- Grocery
- Medical
- Transportation

Map
Hours and Contact Info
| Monday | 9:00 am–5:00 pm |
| Tuesday | 9:00 am–5:00 pm |
| Wednesday | 9:00 am–5:00 pm |
| Thursday | 9:00 am–5:00 pm |
| Friday | 9:00 am–5:00 pm |
| Saturday | 10:00 am–1:00 pm |
| Sunday | Closed |
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about 1940 Sherman Ave.
Where is 1940 Sherman Ave. located?
1940 Sherman Ave. is located at 1940 Sherman Ave, Evanston, IL
What is the current rent range at 1940 Sherman Ave.?
Studio to 3 Bedroom Apartments at 1940 Sherman Ave. currently range from $1,405 to $2,965
When is the leasing office open?
- The office Hours for 1940 Sherman Ave. are
- Monday 9:00 am–5:00 pm
- Tuesday 9:00 am–5:00 pm
- Wednesday 9:00 am–5:00 pm
- Thursday 9:00 am–5:00 pm
- Friday 9:00 am–5:00 pm
- Saturday 10:00 am–1:00 pm
- Sunday Closed
Are pets allowed?
Call us today to find out our pet policy and if we allow pets
Are there any rent specials?
The current rent special at 1940 Sherman Ave. is: Advertised pricing may be the rent reflective of any lease incentives that may be offered. Pricing, availability, and specials are subject to change at any time without notice..
Lifestyle Ratings
Learn more about Lifestyle SearchRenters Reviews and Ratings
Nearby Schools
Nichols Middle School
Dewey Elementary School
Evanston Twp High School
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from 1940 Sherman Ave..
Arts Museums and Landmarks
Big Box and Retail
Walgreens
Petsmart
Target
Colleges and Universities
Groceries
Whole Foods
Jewel-Osco
Hospitals
Northshore University Healthsystem - Evanston Hospital
Presence Saint Francis Hospital
Swedish Covenant Hospital
Restaurants and Dining
Shopping Centers
1940 Sherman Ave. has 5 shopping centers within 0.8 miles.
Transit Stations
Evanston Davis Street Station-Union Pacific North Line
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Evanston Studio Apartments | $1,506 | $700 | $2,809 |
| Evanston 1 Bedroom Apartments | $2,093 | $850 | $6,000 |
| Evanston 2 Bedroom Apartments | $2,578 | $1,234 | $7,518 |
| Evanston 3 Bedroom Apartments | $3,074 | $1,975 | $8,656 |
| Evanston 4 Bedroom Apartments | $5,463 | $2,550 | $10,000+ |
| Evanston 5 Bedroom Apartments | $5,175 | $4,250 | $6,700 |
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