I stayed here during a weekend in December just so I could avoid the crowds that I knew would hit (I lived in Lincoln Park). The hotel has a good location. It is on Michigan Avenue a couple blocks from the river. The inside is plain and very open in the middle. The lobby is almost like a bar. It wasn't the best set-up I have seen.
The rooms are a pretty good size, with really nice bathrooms. They have floor-to-ceiling windows that tend to let some cold air in the room. There is a nice sitting area that is comfortable, unlike the bed. The coffee in the room is $5 per bag and poorly marked; you'd be better off going to Starbucks a block away. Breakfast is expensive and not that good, and if you valet, it will cost you about $35 a day, $20 if you self park. The views are not the best, so I would try another location. The Drake, the W, or the Monaco would all be better.