Budget Hotels in South Loop, Chicago — Real Prices
$85/night
Avg Price
1.5 mi
To Downtown
Yes
Walkable
Limited
Nightlife
Paid
Parking
The South Loop sits just south of downtown, anchored by McCormick Place convention center and Museum Campus. It's walkable, well-connected by the L train, and notably cheaper than River North. Budget hotels here serve convention-goers and museum visitors who want proximity without downtown prices.
Pros
Cons
🛡️ Safety: Safe near Michigan Ave and the museums. Be cautious east of State Street south of Roosevelt. Well-lit main corridors.
Jaslin Hotel
2.5 mi from Magnificent Mile
Reviews
Chinatown, 15-minute walk to McCormick Place, near public transit
consistently praised for spotless rooms, fresh linens, no odors
solid for the area, newer property
helpful and friendly
101 rooms with premium bedding, free WiFi, fitness center
Watch out: further from downtown attractions, limited dining options nearby beyond Chinatown
via Booking.com
Also available:
Chicago South Loop Hotel
2.5 mi from Magnificent Mile
Reviews
Travelodge by Wyndham Downtown Chicago
1.0 mi from Magnificent Mile
Reviews
Homewood Suites by Hilton Chicago Downtown South Loop
1.2 mi from Magnificent Mile
Reviews
Landmarks in South Loop
Travelers Also Compared
Get real price alerts for Chicago
No spam. Unsubscribe anytime. We only email when prices change.
This site contains affiliate links. We may earn a commission when you book through our links, at no extra cost to you. Prices shown were last verified on 2026-02-22 and may have changed.
