I stayed here with friends over a weekend and you really could not ask for anything more. Clean rooms, nice staff and amazing location. We walked to pretty much everything in the city, or took a short walk to the train. The breakfast is basic, but definitely good enough (and better then spending an extra $10-$15 in a restaurant). The cocktail hour was fabulous and really an added bonus.
There is no reason why I wouldn't recommend this hotel to anyone visiting Chicago.