I'll start with the positives: this place is ideal for exploring Logan Square, which is one of the most interesting neighborhoods in Chicago. It is mere blocks away from some of the best restaurants and bars in the midwest, if not the US, as well as public transportation.
Now, the problems. First and foremost, the noise was bad. In fact, really bad. On three consecutive nights, I was waken up at 5:50am, 6:03am and 6:07am respectively. This morning especially, it was as if someone was playing a bongo next to my bed. The description mentions this possibility, but never did I think it'd be this bad - time and volume wise. I ended up going through my days sleepy and not having any energy left in the evenings. I hate to be negative, but it honestly ruined my stay. Also, while not nearly as important, the mattress is not great, and the WiFi spotty. At $100 a night for a basement, I won't go back.