Location, Location Location
PROS:
1) Big rooms
2) Awesome decor
3) Near Magnificent 
4) Subway stop close
5) Food options
6) Great staff
7) Great price
9) The views
CONS:
1) MINI BAR move ment... OMG!! You will be charged!
2) Parking cost a lot, but 1/2 price parking is very close
3) Elevators downstairs dont ding loud, so you could miss your elevator 
OVERALL:
Great hotel and I would stay again. The hotel is decorated up like true rock style. It is not overly flashy.. just classy. The rooms are spacious. Each floor is setup to be a theme. Any room above the 7th floor has a view. Walking distance to the Navy Pier and shops on Michigan Ave. House of Blues is near by. The Loop subway is 1.5 blocks away. The elevators on the ground floor, do signal they arrived, but if you are distracted at all in the lobby area, the music they have pumped in tends to block out the ding of the elevator. ( Ok.. Yes this is weak ding .. no pun intended ). I didnt drive, but the hotel does charge like ~$50 a day to park, but ~$27 a block a way. Although the real question is .. Car in downtown Chicago?? Really.. but if you do have one.. it is pricey to park. I guess the NEW fad in hotels is the mini bar movement sensors. Just remember.. if you have left overs that need to be keep cool.. just toss them because the hotel mini bar IS NOT for you.. it is a $$ making center for the hotel. DO NOT MOVE anything mini bar or you will be charged!!! Do they have a sign.. yes BUT the notice is in small print & if your are buzzed from a night out and want to put a slice of pizza or a soda from the street in the frig to keep cool... FORGET IT..
Beyond the mini bar incident, the hotel is great place to stay in Chicago.