We used Priceline and were placed at this hotel for $90 per night.
Location: Right on Michigan Ave. close to the museums and Grant Park and public transportation (bus and train). The theater district was about a mile away (we walked and felt safe at night).
Room: We arrived late and there were no King beds available, so we were placed in a room with double beds and 2 bathrooms. The beds were comfortable and the room was well appointed.
Negatives: The hallways echoed at night and we woke up several times when late-nighters returned to their rooms. It would have been nice if the air-conditioning system would have had a fan and we could have used it for white-noise. Parking was $43 a night. There is cheaper parking in a garage near the hotel. Wireless was $14 per night (but was really fast).
We enjoyed learning about the history of the hotel as well. It is an older hotel, but is very nice.
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