Step 1 Classic large Loop business-and-value base
Palmer House on Monroe at State is the traditional grand Loop base a short walk from the Art Institute and the Loop 'L' stations; as a large business hotel it can price softer on weekends when downtown meetings clear out. The official parking page lists self-parking at $57 a night and valet at $85, and the hotel also adds a mandatory daily destination charge (its dining and spa credits are listed on the official site) - confirm the current room rate and charge amount there.
Best for: Travelers who want a big, central Loop hotel near the Art Institute and the 'L', with a shot at softer convention-free weekend rates.
Step 2 Loop grand-hotel base with airport-train access
Its central Loop position puts the Blue Line to O'Hare in the Dearborn subway and the Orange Line to Midway on the elevated Loop a few blocks away, with Millennium Park and the Art Institute a short walk east - the practical grand-hotel base when airport-train speed and museum access both matter.
Best for: First-timers who want a large classic hotel on Monroe at State within a short walk of both CTA airport lines.