It's half the cost of other hotels for a reason
The good:
-It's cheap
-Fast free wifi
-the neighborhood appears fairly safe (it's Chinatown, but not the ghetto or anything)
The Bad
-The rooms are in extremely poor condition and are very small. 
-It's in Chinatown, but it's not a particular nice part of the city
-Generally everything is extremely run down
This hotel was $75 when I stayed and anything else remotely in the area was closer to $175. So you get what you pay for. With that being said, I've stayed in 2star hotels in China that are much better than this.
I stayed here because it's close to McCormick Convention Center and I was only crashing here for a couple of nights. If you're just passing through town, it'll do the trick. Definitely, I wouldn't want to stay here for any extended period of time though. There's no conceivable desk, no conceivable dresser, etc..