Great Location!
Just got back from a weekend in Chicago. We stayed at the Hotel Lincoln and loved the location. Lincoln Park is right across the street, with it's fun Saturday Farmer's Market. Our room was a Jr. Suite. It had ample room and a wonderful view of Lake Michigan. We watched the sailboats lining up for a weekend race from our window. The area is very safe. We could stroll down Wells Street (on the side of the hotel) to various restaurants, pubs and shops. We walked to the Lincoln Park Zoo and watched the gorillas, zebras, etc. on both mornings of our trip (the zoo is free!). There's a coffee and pastries shop in the lobby, but also a Starbucks just down Wells. The valet parking is convenient and reasonable for the weekend ($44/day with unlimited come and go- most places in Chicago are more). Cabs are also available for short jaunts.
The hotel is newly opened after a big renovation. I felt like we might be the first to stay in our room. It was sparkling clean and new looking. We had a full bath, plus a half-bath that was spacious for doing make-up, etc. Nice place!