The 10 Best Hotels in Chicago for Every Budget
Chicago, the “Windy City,” is a destination brimming with iconic architecture, world-class museums, vibrant neighborhoods, and a thriving culinary scene. Whether you’re visiting for business, pleasure, or a mix of both, choosing the right hotel can enhance your experience. From luxurious retreats to affordable gems, here’s a comprehensive guide to the best hotels in Chicago for every budget.
Disclaimer: Flight & Hotel Guru editors hand-select every hotel that appears on this page, and the company may earn compensation through affiliate links within the story.
The Best Luxury Hotels in Chicago
1. The Peninsula Chicago
Located in the heart of the Magnificent Mile, The Peninsula Chicago stands as a symbol of opulence and exceptional service. This five-star hotel boasts spacious rooms with modern amenities, an award-winning spa, and a rooftop terrace with stunning city views. Guests can indulge in fine dining at its upscale restaurants, making it an ideal choice for those seeking a premium experience in Chicago.
Why Stay Here:
- Prime location near shopping and landmarks.
- World-class wellness facilities.
- Renowned for its hospitality and luxury.
2. The Langham Chicago
For travelers seeking sophistication with a contemporary touch, The Langham Chicago in River North offers breathtaking views of the Chicago River. Its interiors feature an impressive art collection, and guests can relax at the Chuan Spa, which focuses on holistic treatments inspired by traditional Chinese medicine.
Why Stay Here:
- Unmatched views of the Chicago River.
- Spacious, elegantly designed rooms.
- Proximity to Millennium Park and cultural attractions.
3. Waldorf Astoria Chicago
Nestled in the upscale Gold Coast neighborhood, the Waldorf Astoria Chicago exudes timeless elegance with its Parisian-inspired architecture and design. Known for its spacious rooms, private terraces, and personalized service, this hotel is perfect for travelers who appreciate luxury and charm. Its Michelin-starred restaurant adds an extra layer of indulgence.
Why Stay Here:
- Quiet, residential setting near boutique shopping.
- High-end spa services and fitness center.
- Michelin-starred dining experience.
The Best Mid-Range Hotels in Chicago
4. Hotel Zachary
If you’re a sports fan or enjoy staying in vibrant neighborhoods, Hotel Zachary is an excellent choice. Overlooking Wrigley Field, this boutique hotel blends modern comfort with a nostalgic vibe. Guests can explore local bars, eateries, and the iconic ballpark, all within walking distance.
Why Stay Here:
- Proximity to Wrigley Field and lively nightlife.
- Trendy yet comfortable design.
- A unique blend of sports and style.
5. L7 Chicago by Lotte (formerly, Kimpton Hotel Monaco Chicago)
Set in the Loop district, the L7 Chicago by Lotte is a charming boutique hotel known for its colorful interiors and welcoming atmosphere. The hotel is located a walking distance from the Chicago Riverwalk, making it a favorite among couples and solo travelers. Its pet-friendly policy ensures that even furry companions feel at home.
Why Stay Here:
- Central location near theaters and museums.
- Family and pet-friendly amenities.
- Wonderful breakfast.
6. Virgin Hotels Chicago
Stylish and modern, Virgin Hotels Chicago is a haven for creative travelers. Its innovative “chamber” design separates the sleeping area from the dressing room, offering maximum privacy. Located in the Loop, it features a rooftop bar with incredible city views, perfect for unwinding after exploring Chicago’s attractions.
Why Stay Here:
- Trendy design and unique room layout.
- Lively rooftop bar and restaurant.
- Central location near shopping and attractions.
The Best Budget-Friendly Hotels in Chicago
7. Freehand Chicago
For budget-conscious travelers who don’t want to compromise on style, Freehand Chicago offers a chic and affordable stay. Located in the vibrant River North neighborhood, this hybrid hotel-hostel combines cozy private rooms and shared accommodations. Its Broken Shaker bar is a local favorite for creative cocktails.
Why Stay Here:
- Budget-friendly rates in a prime location.
- Vibrant social scene and award-winning bar.
- Ideal for solo travelers and young adventurers.
8. Chicago Getaway Hostel
Situated in the charming Lincoln Park area, Chicago Getaway Hostel provides affordable private rooms and dormitories. Guests enjoy a free daily breakfast, a communal kitchen, and access to outdoor spaces. The surrounding neighborhood offers tree-lined streets, local shops, and easy access to downtown Chicago.
Why Stay Here:
- Free breakfast and social activities.
- Proximity to Lincoln Park Zoo and Lake Michigan.
- Affordable pricing for solo and group travelers.
9. Holiday Inn Hotel & Suites Chicago – Downtown by IHG
For families and budget travelers, Holiday Inn Chicago Downtown is a dependable option. Located in the West Loop, this hotel provides comfortable rooms, modern amenities, and a rooftop pool. It’s conveniently close to Union Station and major expressways, making it an excellent base for exploring the city.
Why Stay Here:
- Affordable and family-friendly.
- Rooftop pool with city views.
- Convenient access to public transport.
10. HI Chicago Hostel
Ideal for young travelers and backpackers, HI Chicago Hostel offers affordable dormitory-style and private accommodations. Its central Loop location puts you within walking distance of Grant Park, Millennium Park, and the Art Institute of Chicago. The hostel organizes free city tours and social events to help guests explore the city.
Why Stay Here:
- Unbeatable price for a central location.
- Free tours and social activities.
- Welcoming, communal atmosphere.
Final Thoughts on Booking The Best Hotels in Chicago
Whether you’re soaking in luxury at The Peninsula Chicago, enjoying the boutique charm of Hotel Zachary, or making new friends at HI Chicago Hostel, your stay in the Windy City is bound to be unforgettable!
No matter your budget, these best hotels in Chicago provide excellent service, prime locations, and unique experiences. Book early to secure the best rates, and get ready to explore the vibrant neighborhoods, iconic attractions, and rich culture that Chicago has to offer.
