7 Best Hotels in Chicago's Magnificent Mile (2026)

Explore Hotels on Chicago's Magnificent Mile: Starting at $199 per Night

Sports Illustrated Resorts Chicago
Hotel
203 N Wabash Ave, Chicago Loop, Chicago, 60601, USA
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  • Fireplace/Heating
    Fireplace/Heating
  • Parking
    Parking
  • Air Conditioner
    Air Conditioner
  • Internet
    Internet
3 Baths362.39 ft²
8.6

Exceptional

1331 reviews

$318
Average price / night
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The Peninsula Chicago
Hotel
108 East Superior, River North, Chicago, IL 60611, USA
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  • Private Pool
    Private Pool
  • Spa
    Spa
  • Fireplace/Heating
    Fireplace/Heating
  • Pool
    Pool
  • Price Dropped
    Price Dropped
  • Free Cancellation
13 Baths651.63 ft²
9.4

Exceptional

238 reviews

$825
Average price / night
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Four Seasons Chicago
Hotel
120 East Delaware, Chicago, IL 60611, USA
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  • Private Pool
    Private Pool
  • Hot Tub
    Hot Tub
  • Spa
    Spa
  • Fireplace/Heating
    Fireplace/Heating
  • Price Dropped
    Price Dropped
  • Free Cancellation
22 Baths809.86 ft²
8.7

Exceptional

144 reviews

$637
Average price / night
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Hotel 55 Chicago Downtown
Hotel
55 East Ontario Street, River North, Chicago, IL 60611, USA
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  • Fireplace/Heating
    Fireplace/Heating
  • Pet Friendly
    Pet Friendly
  • Kitchen
    Kitchen
  • Parking
    Parking
7 Baths447.47 ft²
8.3

Exceptional

558 reviews

$199
Average price / night
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Sofitel Chicago Magnificent Mile
Hotel
20 East Chestnut Street, Chicago, IL 60611, USA
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  • Fireplace/Heating
    Fireplace/Heating
  • Balcony/Terrace
    Balcony/Terrace
  • Breakfast
    Breakfast
  • Pet Friendly
    Pet Friendly
16 Baths516.67 ft²
8.8

Exceptional

1248 reviews

$327
Average price / night
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The Gwen, a Luxury Collection Hotel, Michigan Avenue Chicago
Hotel
521 North Rush Street, River North, Chicago, IL 60611, USA
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  • Fireplace/Heating
    Fireplace/Heating
  • Balcony/Terrace
    Balcony/Terrace
  • Breakfast
    Breakfast
  • Pet Friendly
    Pet Friendly
12 Baths622.51 ft²
8.8

Exceptional

82 reviews

$373
Average price / night
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The Ritz-Carlton, Chicago
Hotel
160 East Pearson Street, Streeterville, Chicago, IL 60611, USA
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  • Private Pool
    Private Pool
  • Spa
    Spa
  • Fireplace/Heating
    Fireplace/Heating
  • Pool
    Pool
16 Baths532.14 ft²
8.6

Exceptional

57 reviews

$998
Average price / night
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Compare the 7 Best Hotels in Chicago's Magnificent Mile (2026) – Addresses, Prices, Stars, Rating, and Review Count

Hotel Name Address Price ($)Star Rating Review Count Book
Sports Illustrated Resorts Chicago203 N Wabash Ave, Chicago Loop, Chicago, 60601, USA31848.61331
The Peninsula Chicago108 East Superior, River North, Chicago, IL 60611, USA82559.4238
Four Seasons Chicago120 East Delaware, Chicago, IL 60611, USA63758.7144
Hotel 55 Chicago Downtown55 East Ontario Street, River North, Chicago, IL 60611, USA19948.3558
Sofitel Chicago Magnificent Mile20 East Chestnut Street, Chicago, IL 60611, USA32758.81248
The Gwen, a Luxury Collection Hotel, Michigan Avenue Chicago521 North Rush Street, River North, Chicago, IL 60611, USA37348.882
The Ritz-Carlton, Chicago160 East Pearson Street, Streeterville, Chicago, IL 60611, USA99858.657

Note: The prices for each 7 Best Hotels in Chicago's Magnificent Mile (2026) do vary. This can be because of the number of people you are booking for, how far in advance you book and the season. The prices above are only meant as a rough estimate for comparison purposes. Click the buttons above (or click here>) to get the latest prices.

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