Chicago is one of the biggest cities in the States and is famous for many things, such as its Chicago-style hotdog and Cloud Gate aka “the Bean” (a beautiful piece of public art). Travelers can take a scenic boat ride at Navy Pier, enjoy the bird’s-eye view of the city from the Skydeck at Willis Tower, or catch a live comedy show at one of the city’s many theaters. After a long day of sightseeing, head to the central part of the Chicago River, where you’ll find plenty of waterside restaurants and bars. If you want to explore the Windy City without sacrificing comfort for affordability, then check into one of these best cheap hotels in Chicago, Illinois.
We handpicked these listings carefully, considering (wherever possible) recent guest reviews, location, accommodation type, prices, availability of dates, decor, and amenities. The image galleries get refreshed with the latest updates regularly. They were last updated on April 13, 2024.
1. Warwick Allerton Hotel Chicago (from USD 87)
Classic is the perfect word to describe the Warwick Allerton Hotel Chicago, which dates back to the early 1920s. It has 439 elegantly furnished rooms kitted out with mod cons, such as a flat-screen television and wireless high-speed internet access.
This 4-star hotel is located in the famed Magnificent Mile, where you can pamper your taste buds at one of the many restaurants or indulge in retail therapy. The hotel can help make restaurant reservations for you and book sightseeing tours. If you’re traveling for work, you’ll have access to the on-site business center.
Warwick Allerton Hotel Chicago
Address: 701 N Michigan Ave, Magnificent Mile, Chicago (IL), United States, 60611
1.41 km (0.9 mi) from Millennium Park
2. Hotel Versey Days Inn by Wyndham Chicago (from USD 103)
Nestled in the beautiful neighborhood of Lincoln Park, Hotel Versey Days Inn by Wyndham Chicago is an aesthetically appealing hotel. You’ll find impressive pieces of artwork by local and national artists throughout the property.
Guests who enjoy drinking coffee will be glad to know that each room has a Nespresso machine available. Guests staying here have free access to the nearby LA Fitness facility. The hotel is a few blocks from Chicago’s Magnificent Mile, which is famous for its dining, shopping, and entertainment venues.
Hotel Versey Days Inn by Wyndham Chicago
Address: 644 West Diversey Parkway
5.91 km (3.7 mi) from Millennium Park
3. The Whitehall Hotel (from USD 75)
Located right in the heart of Chicago in Magnificent Mile, The Whitehall is a charming hotel established in 1928. This 4-star property has catered to the likes of Barry Manilow, The Beatles, and Paul Newman. Guests can pack less with the help of the hotel’s on-site washing, dry cleaning, and laundry services.
Each guest room has free WiFi and air conditioning, while some units also come with a minibar, refrigerator, and a television with cable channels and Netflix access. When feeling peckish, dig into American and Japanese dishes at the on-site restaurant. End the night with a classic cocktail at Whitehall Place Lounge.
The Whitehall Hotel, BW Premier Collection
Address: 105 E DELAWARE PLACE, Magnificent Mile, Chicago (IL), United States, 60611-1403
1.85 km (1.2 mi) from Millennium Park
4. Selina Chicago (from USD 107)
Selina Chicago is a tastefully decorated hotel that will make you feel at home. The rooms are clean and well-lit, and each unit comes with free wireless internet access. If you’re traveling with kids, book the family room with two single beds and one bunk bed.
The hotel is perfect for leisure travelers alike as the hotel is just steps away from the bustling neighborhood of Magnificent Mile. For business travelers, there is a co-working space on site wherein you can work comfortably. Let off steam in the on-site fitness center or treat yourself to American cuisine at Mike Ditka’s Restaurant.
Selina Chicago
Address: 100 East Chestnut Street
1.79 km (1.2 mi) from Millennium Park
5. Freehand Chicago (from USD 24)
If you are a social traveler and enjoy meeting new people while on vacation, check into Freehand Chicago, as it offers private and shared rooms and a shared lounge. The hotel has a luggage storage facility and an ATM on the premises for guests’ convenience. This hotel has you covered from sunup to sundown—enjoy Nicaraguan gourmet coffee and a hearty breakfast at Cafe Integral and end with day with a delicious cocktail at The Broken Shaker.
Freehand Chicago
Address: 19 East Ohio Street
1.16 km (0.8 mi) from Millennium Park
6. Millennium Knickerbocker Chicago (from USD 99)
Reasonable prices for downtown Chicago, but additional resort fee not announced during booking.
Historic building with old world charm, spacious rooms, and friendly staff. Some areas show signs of aging and could benefit from updates.
Perfect location near Michigan Avenue, with easy access to shops, restaurants, and attractions. Close to the beach and public transportation.
Good dining options nearby, but hotel restaurant is pricey. Limited breakfast options and expensive coffee.
A stay at Millennium Knickerbocker Chicago will put you within walking distance of the Magnificent Mile. After a long day out, you can relax in your room, which comes with a comfy bed, flat-screen TV, and a bathroom with spa toiletries.
The hotel has a grand ballroom, Crystal Ballroom, featuring a beautifully lit dance floor and gold-outlined ceiling. Just stepping inside and taking in the view of the ballroom already takes you to a completely different era. On some nights, you get to enjoy live jazz at Martini Bar, which also serve classic cocktails from the 1920s. When hunger strikes, enjoy farm-to-table fare at NiX.
Millennium Knickerbocker Chicago
Address: 163 East Walton Place
1.93 km (1.2 mi) from Millennium Park
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7. Found Hotel Chicago River North (from USD 23)
Found Hotel Chicago River North offers air-conditioned rooms with a TV and work desk. Some units offer impressive city views. There’s free WiFi throughout the property and a cozy shared lounge where you can mingle with other guests. The hotel also has a 24-hour front desk that can assist you with any queries you may have.
The in-house restaurant serves delicious American fare, and there are also plenty of options for dinner in the vicinity. If you wish to venture out and explore, attractions such as Water Tower Chicago, 360 Chicago, and Chicago Museum of Contemporary Art are less than a 15-minute walk away from the property.
Found Hotel Chicago River North
Address: 613 North Wells Street
1.48 km (1.0 mi) from Millennium Park
Explore the Windy City on a budget
Make the most of your trip by spending on the things and experiences that will make your trip truly memorable. Those looking to satisfy their wanderlust on a budget can book any of the above listed cheap hotels in Chicago, Illinois, which will put you right at the heart of the action.
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