Stayed at the Monaco for the first time this past weekend. It is a lovely hotel, located in the Loop and theater district. Our room was a queen/queen on the 8th floor, a corner room, so it was larger than similar rooms. It didn't have any view to speak of, as it looked out over a parking garage and other buildings. Not a huge issue, but a view might have been nice.
The beds were comfortable and the bathroom was big. Shower had excellent water pressure and the water was hot. My biggest like was the blackout curtains. They made the room totally dark, well after the sun arose. I like a dark room, so that was perfect for me.
One gripe would be that the room could have used a dresser to put clothes in. There was room for it and would have made it easier than having to keep things in the suitcase.
They were working on the lobby floor almost the entire stay, not sure why it took so long, but they finally finished.
Didn't try any of the restaurants/bars in the hotel.
Service was friendly, though they might have done something special for my birthday, which was the reason for the visit.
Overall, at the price, I would definitely stay at the Monaco again.