Photos and Review by Oyster.com Investigators.
An elegant hotel with an interesting history
The Knickerbocker has gone through several incarnations since it opened in 1927: In the 1930s, it housed a casino frequented by Al Capone and, in the 1970s, it became the Playboy Hotel, owned by Hugh Hefner. After completing a multi-million dollar renovation in 2008, the hotel has reinvented itself once again, with new furniture, bedding, fresh coats of paint, and refurbished public spaces.
The elegant two-story lobby honors the hotel's historic past, and is decorated with marble, wood moldings and warm colors. Chandeliers hang from ornate ceilings, and plants line the entrance.
In northern Streeterville, half a block from the Magnificent Mile
The Millennium Knickerbocker Hotel is located in northern Streeterville, half a block from the Magnificent Mile, an iconic stretch of North Michigan Avenue famous for its upscale shopping. But it's not all about department stores out here. Art galleries, landmarks -- such as the Water Tower, the John Hancock Observatory, the Pumping Station and Wrigley Building -- and top-notch restaurants are within easy walking distance. The closest subway station is seven blocks away.
Stylish, contemporary rooms are outfitted in shades of gold and pink, and feel higher-end than those at the nearby Sutton Place. But some feel a little cramped.
Few amenities and expensive valet parking
The elegant 306-room Millennium Knickerbocker Hotel is a good value, considering its location half a block from the Magnificent Mile. It's true that the historic property doesn’t have many amenities (only a 24-hour fitness center and a 24-hour business center), and the rooms are on the small side — but they're nicer than those at the similarly priced Sutton Place, and come with big flat-screen TVs and Frette linens.