Not bad for the money
We stayed here for one night during the weekend of June 23rd. The hotel is located on the edge of Lincoln Park, walking distance from the zoo, Wrigley Field and transportation. There are several restaurants within walking distance as well. The hotel is very old but seems to be well kept. The staff was very friendly and accommodating. We arrived earlier in the morning, several hours before our check-in time. They pre-registered us and allowed us to obtain our parking early so we had a place to park before our room was ready. The room was very tiny will a full size bed, two bed side tables and a flat screen tv on the wall. It had a walk-in closet and a tiny bathroom with a full tub, shower and sink. The door to the bathroom would not open all the way because the toilet was directly behind the door. It did not have the greatest view but we was not there to sit and look out the window. The room was very clean and had enough amenities to accommodate our one night stay. They offer a continental breakfast in the morning with juices, milk, coffee, yogurt, assorted dry cereals, pastries, bagels, and toaster waffles. 
To end, by no means is this a 5 star hotel or even close to a Hilton. Probably closer to a Best Western but much older. The hotel is very old and decor is very outdated but adds a lot of character to the building. If you need a nice clean place to stay for a night or two, this would be a great place. It might get a little cramped if you were staying longer or if you have more then two people.
The price point was on the lower end of the other hotels that we looked at. Just remember that this is Chicago and you get what you pay for. If you have high expectations of getting the royal treatment for very little money, it is probably not going to happen!