Read the datasheet, it contains all you need to know about how to set it up :
http://www.intersil.com/content/dam/Intersil/documents/fn30/fn3082.pdfthe ICL7106 is in two variants, one which drives lcd segments and one which drives LED segments... be careful which one you get.
The LED segment version may work with 5v but it's designed to work with 9v , or with -5v and 5v (so 10v in total) and can also run at something like 12 v (absolute maximum permitted is 15v) - it should be isolated from the rest of the system (power it from a separate power supply (transformer + rectifier+capacitors or a tiny switching power supply)
The datasheet also mentions some applications notes on one of the pages, one of them is AN046 Building a Battery Operated Auto Ranging DVM with the ICL7106 :
http://www.intersil.com/content/dam/Intersil/documents/an04/an046.pdfThe appnote has the schematic for autoranging from 200mV to 200v if you want take full use of the 3 1/2 digits, otherwise you could just say 250v = 250mV and use only 3 digits.