Great location for sightseeing and visiting Chicago. Great access to Grant Park for a nice stroll up Michigan to the Art Institute, Millennium Park and many other Chicago must-sees.
Nearby restaurants that I went to include Chicago Firehouse Restaurant (crab cake with Old Bay), Lou Malnati's (deep dish buttercrust), Umai (cruncy avo unagi), Shang Noodle (walnut shrimp), Yolk Tasting Kitchen and Honey Berry (great breakfasts from both).
Very convenient with Roosevelt Station nearby as well. Hurry up and Chica-go!