Located a little bit out of the way, but my husband and I walked from this condo to the Art Institute of Chicago. Depends on how much you like to walk! There is a bus (#20) that is practically outside the door, so use Google maps to navigate the busses. We easily took the blue line and one bus to the condo. However, Lyft is everywhere, so you won't have to wait long if you decide to take a Lyft.
One of the best things about the location is the presence of Pete's Fresh Market at the corner of Madison and Western. One of the charms of Air B&B is being able to have your own food, and Pete's is a couple of blocks away. It has a treasure trove of prepared food and groceries, a bakery, sushi, smoothies, salads, booze, you name it. Very convenient.
The condo is clean and the furniture is all Ikea and updated. Decor is sparse, but it gives it a clean and orderly look. Kitchen has pots and pans, oil, salt and pepper to get you started on any cooking adventure. There were bottles of shampoo, conditioner, moisturizer, and body wash in the two bathrooms as well. Very thoughtful. Anita was a good communicator, and if we had a question, she answered emails promptly. Condo is professionally cleaned. This is important, and it's a question that I think all Air B&B guests have a right to ask. We've been in a few not-so-clean places in our time with Air B&B, and I assure you that this condo is going to meet or exceed your expectations as far as cleanliness goes.
Be ready to deal with the alarm system; it seems a little daunting at first, but you will get used to it. Check in was self-check in, but directions were very clear so we had no problems. It's a nice place to stay, and we recommend it!