9 of the Best Cheap Hotels in Chicago (Under $200 a Night)

Are you looking for Cheap Hotels in Chicago?

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You’re considering a trip to Chicago and want to stay in a nice hotel, but you don’t want to spend a lot of money. Lucky for you, there are plenty of cheap hotels in Chicago that don’t sacrifice on style or comfort. But, as you know, cheap (and stylish!) hotels aren’t always so easy to find.

That’s why we created this list of the Best Cheap Hotels in Chicago Under $200 a Night. Now you can still enjoy all the great things about Chicago without spending too much on your accommodation!

So let’s get into it! Here’s our pick of the Best Cheap Hotels in Chicago.

21c Museum Hotel Chicago

First on our list of Cheap Hotels in Chicago is 21c Museum Hotel Chicago.

Set amid high-rise buildings, this sophisticated hotel is a 2-minute walk from The Richard H. Driehaus Museum, a 4-minute walk from designer boutiques and cool restaurants on the Magnificent Mile, and a 5-minute walk from the nearest El station.

Stylish rooms with modern decor offer Wi-Fi and flat-screen TVs, plus Nespresso machines and minibars. Suites come with living and dining areas, plus skyline views.

Amenities include a gym, and a spa with a sauna, plus a business center and event space, housing regular art and cultural exhibitions. Bike rentals are also available.

Royal Sonesta Chicago Downtown

Second on our list of Cheap Hotels in Chicago is Royal Sonesta Chicago Downtown.

This upscale hotel is an 11-minute walk from lively Millennium Park, and a 12-minute walk from the high-end shops and restaurants of the Magnificent Mile.

The elegant rooms have hardwood accents, free Wi-Fi and flat-screen TVs, plus mini-fridges and coffeemakers. Upgraded rooms feature city or river views, while suites come with separate living areas with pull-out sofas, wet bars and soaking tubs. In-room dining and massages are available here for a fee.

Amenities include a cozy tavern serving classic American comfort food, plus a gym, and a business center.

Viceroy Chicago

Third on our list of Cheap Hotels in Chicago is Viceroy Chicago.

In the upmarket Gold Coast Historic District, this sophisticated hotel in an art deco tower overlooking Lake Michigan is a 6-minute walk from the nearest metro station. It’s less than a mile from Lincoln Park and its surrounding beaches and museums.

Designer rooms offer city or lake views. All have free Wi-Fi and TVs, as well as sleek minibars, Nespresso machines and rainfall showers. Plush suites, some with terraces, come with sitting areas and separate soaking tubs. Room service is available here 24/7.

Amenities include a gym, a roof terrace with a bar, a pool, and lake and skyline views. There’s also a ballroom, and a high-end restaurant with a seasonal patio.

Kimpton Hotel Monaco Chicago

Next on our list of Cheap Hotels in Chicago is Kimpton Hotel Monaco Chicago.

Set in a converted circa-1912 hat factory, this sleek hotel in the vibrant Chicago Loop is 8 minutes’ walk from the Chicago River, a 3-minute walk from an El train station and a mile from the iconic Willis Tower skyscraper.

Stylish travel-themed rooms with eclectic furnishings feature minibars, flat-screen TVs and Wi-Fi, plus city views, yoga mats and Italian linens. Upgraded rooms have river views, and suites come with separate living rooms. In-room spa treatments and 24-hour room service are offered here.

Evening wine and loaner bikes are complimentary. Other amenities include a hip restaurant and a gym.

Hotel EMC2

Next on our list of Cheap Hotels in Chicago is Hotel EMC2.

Set in the famous Magnificent Mile shopping district, this chic hotel is an 8-minute walk from Grand El station, an 11-minute walk from the observation deck at the John Hancock Center and a mile from the landmark Navy Pier.

Modern, upscale rooms feature Wi-Fi, flat-screen TVs and mini-fridges, as well as coffeemakers, glass-enclosed showers and designer toiletries. Room service is available here 24/7.

There’s a contemporary restaurant with an industrial-chic dining room, along with a refined lounge, a fitness room and a business center.

Hotel Julian Chicago

Next on our list of Cheap Hotels in Chicago is Hotel Julian.

Set in the vibrant Loop neighborhood, this contemporary hotel in the former Atlantic Bank Building, which dates from 1912, is a 2-minute walk from an El station and a 7-minute walk from the outdoor theater at the Millennium Park.

Fashionable, airy rooms come with Italian linens and designer toiletries. All feature free Wi-Fi, flat-screen TVs and mini-fridges, as well as espresso machines. Some rooms have floor-to-ceiling windows that offer panoramic city views.

A fitness center is on-site. There’s also a chic steakhouse and bar.

The Hoxton

Next on our list of Cheap Hotels in Chicago is The Hoxton.

A 3-minute walk from Morgan station, this trendy hotel set among the bars and restaurants of the Fulton Market District, 1 mile from Willis Tower and 2 miles from Millennium Park.

Featuring mid-century style decor, leather paneled headboards and floor-to-ceiling windows, the chic rooms provide flat-screen TVs, mini-fridges, and tea and coffeemakers, as well as free Wi-Fi.

Amenities include a hip lounge/bar, 2 restaurants, including a rooftop eatery/bar with city views, plus a cozy cocktail bar and an outdoor rooftop pool. Co-working and event space is also available.

Kimpton Gray Hotel Chicago

Next on our list of Cheap Hotels in Chicago is Kimpton Gray Hotel.

In an ornate high-rise dating from 1894, this upmarket hotel with art deco style details is a 12-minute walk from Millennium Park and 2 miles from the 100-story John Hancock Center.

Featuring city views, the stylish rooms offer Wi-Fi access, flat-screen TVs and yoga mats. Bright 1-bedroom suites come with sitting areas, and upgraded suites have separate living rooms and wet bars.

Free amenities include loaner bikes, nightly wine socials, and morning coffee and tea. There’s also a polished day spa/salon, a fitness center, a sophisticated lobby bar/restaurant, and a lively rooftop lounge serving light bites.

The Robey

Next on our list of Cheap Hotels in Chicago is The Robey.

In an art deco–style former office building dating from 1929, this upmarket hotel on an intersection with shops and eateries is a minute’s walk from an “L” station and 6 miles from Millennium Park.

Featuring hardwood floors and custom furniture, the streamlined rooms come with free Wi-Fi, smart TVs and Bluetooth speakers, plus designer toiletries and luxe linens. Some rooms and suites provide sitting areas and city views. Upgraded suites come with a separate living room and a bar.

Amenities include a polished French/American restaurant and a warm lounge, in addition to a rooftop terrace with a bar, an outdoor pool and sweeping city views.

The Gwen

Last on our list of Cheap Hotels in Chicago is The Gwen.

Featuring a facade with sculpted panels dating from 1929, this upscale, contemporary hotel in the McGraw-Hill Building on the Magnificent Mile is a 3-minute walk from an El station and a 17-minute walk from Millennium Park.

The warm rooms offer flat-screen TVs, Keurig coffeemakers and Wi-Fi. Suites come with sitting areas and wet bars, and upgraded suites have terraces with city views.

Downstairs, there’s a sophisticated American restaurant, and a terrace bar offering city views. Other amenities include a fitness room and a business center, along with 15,000 sq ft of event space and a grand lobby lounge.

Enjoyed our guide to the the Best Cheap Hotels in Chicago? Take a look at our Complete Guide to the Best Hotels in Chicago here.