The Heron Apartments

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(224) 529-3436
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5440 N Sheridan Rd, Chicago, IL 60640

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The Heron

5440 N Sheridan Rd
Chicago, IL 60640
(224) 529-3436
The Heron in Chicago, IL - Building Photo
  • Studio–2 Bedrooms
  • $1,860-$3,740Pricing
  • 539–1,345Square Feet

Rent Specials

$500 rent credit at move in on all studio floorplans! Plus Apply within 48 hours of your first tour and receive a $250 credit applied to your $500 Move In Fee!

Ask Us About Our Specials

About The Heron

The Heron offers brand-new Studio, 1 Bed, 2 Bed, 3 Bed, and Townhouse apartments in the lakefront community of Edgewater, Chicago. Live the amenity rich FLATS Life with onsite amenities including a co-working lobby, roof lounge, rooftop terrace, fitness center, and dog run. Live the way you've always wanted to without compromising style or quality. At The Heron, our apartment residences are designed with you in mind.

The Heron is located in the Edgewater Neighborhood and 60640 Zip code of Chicago, IL.

Unique Features and Amenities

  • Cardio & Strength Training
  • Custom cabinetry
  • Duplex
  • Elevators
  • Floor-to-ceiling windows
  • Glass-Enclosed Rain Shower
  • Handicap Accessible
  • in-unit washer/dryer
  • Kitchen Island
  • Lobby With Lounge Seating
  • Pet-Friendly And Pet Run
  • Picnic/bbq Area
  • Private Outdoor Space
  • Private Patio
  • Roof Decks
  • Roof Lounge With Kitchenette
  • subway tile backsplash

See All Amenities

Property Contact Info

Floorplan Pricing and Availability

The Heron offers Studio to 2 Bedroom apartments starting from $1,860 and having 539–1,345 sq ft. Here is the current pricing and availability:

Cost CalculatorEstimate your monthly and one-time fees
  • Studio

    Floorplan A6

    $1,860

    Studio, 1 Bath, 539 sq ft
    Available Jun 10

    Availability Details

    PriceAvailability DateUnitSq FtFloorplan
    $1,860 June 10, 2026307539

    Unit 307 Amenities and Features

    Features

    • Air Conditioning

    Unit 307 Rent and Fees

    Unit Price

    • $1,860
    • View Details and Rent Estimate

    Model Rent and Fees

    Price

    • $1,860
  • 2 Bedrooms

    Floorplan D12

    $3,150

    2 Beds, 2 Baths, 851 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtFloorplan
    $3,150Available Now209851

    Unit 209 Amenities and Features

    Features

    • Air Conditioning

    Unit 209 Rent and Fees

    Unit Price

    • $3,150
    • View Details and Rent Estimate

    Model Rent and Fees

    Price

    • $3,150

    Floorplan D9

    $3,740

    2 Beds, 2.5 Baths, 1345 sq ft
    Available Now
    Largest 2 BedroomThis is the largest 2 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq FtFloorplan
    $3,740Available Now1011345

    Unit 101 Amenities and Features

    Features

    • Air Conditioning
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Microwave

    Living Space

    • Hardwood Floors

    Unique Features

    • Duplex
    • Private Outdoor Space

    Unit 101 Rent and Fees

    Unit Price

    • $3,740
    • View Details and Rent Estimate

    Model Rent and Fees

    Price

    • $3,740

    Floorplan D2

    $2,795

    2 Beds, 2 Baths, 817 sq ft
    Available May 7
    Cheapest 2 BedroomThis is the cheapest 2 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq FtFloorplan
    $2,795 May 7, 2026214817

    Unit 214 Amenities and Features

    Features

    • Air Conditioning

    Unit 214 Rent and Fees

    Unit Price

    • $2,795
    • View Details and Rent Estimate

    Model Rent and Fees

    Price

    • $2,795
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (224) 529-3436 to schedule a tour.

3D Tours

Property Information

  • 78 Units
  • 5 Stories
  • Built in 2023

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 Application
Application Fee Per ApplicantiCharged per applicant.$50
Due at Move-In
Administrative FeeiCharged per unit.$500

Other Fees

Pet Fees

Cat

One-Time Pet FeeiMax of 2. Charged Per Pet.$250
Monthly Pet FeeiMax of 2. Charged Per Pet.$25
Comments:

Max of 2. Pets Allowed.

Dog

One-Time Pet FeeiMax of 2. Charged Per Pet.$250
Monthly Pet FeeiMax of 2. Charged Per Pet.$25
Restrictions:

We have some canine breed restrictions including full-blooded Bull Terriers (English, Staffordshire, and American), Pit Bulls, Rottweilers, and Dobermans. Mixed canine breeds including one of the restricted breeds, German Shepherds, Chow Chows, Malamutes, Akitas, and Wolf-hybrids must pass an interview and be approved by the management team and provide documentation that the pet has attended and passed obedience training.

Comments:

Max of 2. Pets Allowed.

Parking Fees

Garage

Parking FeeiCharged per vehicle.$275

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

  • Maintenance On Site
  • Package Service
  • Property Manager On Site
  • Community Wide Wi Fi
  • Pet Play Area
  • Recycling
  • Key Fob Entry

Community Features

  • Lounge
  • Disposal Chutes
  • Elevator

Outdoor Features

  • Grill
  • Sundeck
  • Roof Terrace
  • Waterfront
  • Controlled Access
  • Patio
  • Deck

Recreation and Fitness

  • Fitness Center
  • Bicycle Storage

Interior Features

  • Balcony
  • Tub/Shower
  • Intercom
  • Heating
  • Cable Ready
  • Air Conditioning
  • Wi Fi

Kitchen Amenities

  • Gas Range
  • Kitchen
  • Freezer
  • Oven
  • Island Kitchen
  • Range
  • Refrigerator
  • Dishwasher
  • Microwave
  • Stainless Steel Appliances

Living Area Features

  • Walk In Closets
  • Vinyl Flooring
  • Views
  • Floor To Ceiling Windows

Unique Amenities

  • Garage Available
Google Map

Map

5440 N Sheridan Rd, Chicago, IL 60640

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday9:00 am–6:00 pm
Tuesday9:00 am–6:00 pm
Wednesday9:00 am–6:00 pm
Thursday9:00 am–6:00 pm
Friday9:00 am–6:00 pm
Saturday9:00 am–6:00 pm
SundayClosed

Frequently Asked Questions about The Heron

Where is The Heron located?

The Heron is located at 5440 N Sheridan Rd near the Edgewater area of Chicago, IL

What is the current rent range at The Heron?

Studio to 2 Bedroom Apartments at The Heron currently range from $1,860 to $3,740

When is the leasing office open?

  • The office Hours for The Heron are
  • Monday 9:00 am–6:00 pm
  • Tuesday 9:00 am–6:00 pm
  • Wednesday 9:00 am–6:00 pm
  • Thursday 9:00 am–6:00 pm
  • Friday 9:00 am–6:00 pm
  • Saturday 9:00 am–6:00 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 The Heron is: $500 rent credit at move in on all studio floorplans! Plus Apply within 48 hours of your first tour and receive a $250 credit applied to your $500 Move In Fee!.

Lifestyle Ratings

  • Affordability Good Value3.6

    The The Heron Apartments are 26.25% more expensive than the average apartment in the Edgewater area, and 5.3% cheaper than the average apartment city-wide.

    Rent Comparison to the Edgewater Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    Studio$1,860$1,342+$51838.6%
    2 Bedroom$2,795$2,454+$34113.9%

    Rent Comparison to the city of Chicago

    FloorplanLowest Price HereCity Average RentCost Difference%
    Studio$1,860$1,949-$89-4.6%
    2 Bedroom$2,795$2,974-$179-6.0%

    Methodology: On 02/24/2026, ApartmentHomeLiving.com compared current rents by floorplan to 1168 other apartment communities in the immediate area around The Heron (Edgewater), and 20163 other apartment communities in Chicago using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 02/24/2026

  • Pet Friendly 3.0

    Top Pet Friendly apartments have specified that they accept pets and feature a number pet friendly amenities for renters with furry friends.

    Rating Factors

    This 3.0-star Pet Friendly rating is based on the following features:

    • Pet Play Area
    • Elevator(s)
    • Balconies
    • Heating
    • Air Conditioning
    • Patios
    • Deck(s)
  • Transit Friendly 3.0

    Transit Friendly apartments feature a fantastic location and great access to local mass transit.

  • Outdoors 3.2

    The Outdoors rating shows the apartment listings on ApartmentHomeLiving.com with the top amenities and features for renters who love the outdoor lifestyle.

    Rating Factors

    This 3.2-star Outdoors rating is based on the following features:

    • Waterfront Community
    • Balconies
    • Deck(s)
    • Patios
    • Pet Play Area
    • Roof Terrace
    • Bicycle Storage
    • Grill(s)
    • Sundeck(s)
Learn more about Lifestyle Search

Renters Reviews and Ratings

4.0
0 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

Nearby Schools

Senn High School

Chicago Public Schools
5900 North Glenwood Avenue
Public School - Grades 9-12 (1583 Students)
In Attendance Zone2 minute drive / 0.8 miles away
4/10

Goudy Technology Academy

Chicago Public Schools
5120 North Winthrop Avenue
Public School - Grades PK-8 (554 Students)
In Attendance Zone1 minute drive / 0.4 miles away
3/10
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from The Heron.

Arts Museums and Landmarks

Wrigley Field

1060 W Addison St
4 minute drive / 2.27 miles away

Peggy Notebaert Nature Museum

2430 N. Cannon Drive
8 minute drive / 3.95 miles away

Steppenwolf Theatre

1650 North Halsted Street
10 minute drive / 4.75 miles away

Big Box and Retail

Walgreens

5440 N Clark St
1 minute drive / 0.46 miles away

Staples

4610 N Clark St
3 minute drive / 1.04 miles away

Aldi

4500 N Broadway
3 minute drive / 1.13 miles away

Colleges and Universities

City College of Chicago, Harry S. Truman - Harry S. Truman Campus

1145 West Wilson Avenue
3 minute drive / 1.07 miles away

Loyola University - Lakeshore Campus

1032 W. Sheridan Rd
3 minute drive / 1.29 miles away

North Park University

3225 W Foster Ave
5 minute drive / 2.64 miles away

Groceries

Jewel-Osco

5343 N Broadway St
1 minute drive / 0.07 miles away

Mariano's Fresh Market

5201 N Sheridan Rd
1 minute drive / 0.36 miles away

Aldi

4500 N Broadway
3 minute drive / 1.13 miles away

Hospitals

Methodist Hospital Of Chicago

5025 N Paulina Street
2 minute drive / 0.74 miles away

Aurora Chicago Lakeshore Hospital

4840 N Marine Dr
2 minute drive / 0.82 miles away

Louis A. Weiss Memorial Hospital

4646 N Marine Drive
3 minute drive / 1.09 miles away

Hotspots

Supernatural Chicago

632 N. Dearborn
13 minute drive / 6.17 miles away

Parks and Recreation

Oak Street Beach

1000 North Lake Shore Drive
12 minute drive / 5.65 miles away

Wendella Boats

400 North Michigan Avenue
13 minute drive / 6.52 miles away

Funhouse Maze

600 E. Grand Avenue
14 minute drive / 6.74 miles away

The Heron has 5 parks within 7.1 miles, including Oak Street Beach, Wendella Boats, Funhouse Maze, Millennium Park, and Garfield Park Conservatory.

Restaurants and Dining

Soprano's Italian Restaurant

2901 N Sheffield Ave
6 minute drive / 3.16 miles away

Margie's Candies

1960 N Western Ave
9 minute drive / 4.57 miles away

Dick's Last Resort

435 E Illinois
14 minute drive / 6.55 miles away

Shopping Centers

Broadway Festival

5300-5322 N Broadway St
1 minute drive / 0.11 miles away

Broadway Center

5250 N Broadway St
1 minute drive / 0.14 miles away

Broadway Square

5224 N Broadway St
1 minute drive / 0.18 miles away

The Heron has 5 shopping centers within 0.4 miles.

Transit Stations

Berwyn Station-Red Line

1121 W. Berwyn Ave.
1 minute drive / 0.14 miles away

Bryn Mawr Station-Red Line

1119 W. Bryn Mawr Ave.
1 minute drive / 0.26 miles away

Argyle Station-Red Line

1118 W. Argyle Ave.
1 minute drive / 0.47 miles away

Nearby Neighborhoods

Studio to 5 Bedroom Apartments from $700
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Studio to 5 Bedroom Apartments from $935
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Studio to 5 Bedroom Apartments from $700
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Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Chicago Studio Apartments $1,949$550$5,728
Chicago 1 Bedroom Apartments $2,434$650$10,000+
Chicago 2 Bedroom Apartments $2,974$850$10,000+
Chicago 3 Bedroom Apartments $3,765$883$10,000+
Chicago 4 Bedroom Apartments $3,776$1,040$10,000+
Chicago 5 Bedroom Apartments $9,178$1,895$10,000+
Chicago 6 Bedroom Apartments $15,908$2,475$10,000+

Browse Top Apartments in Chicago

Viewing: The Heron | Desktop Version | Listing Updated: 02/23/2026 | AHLGLD