Had a great experience staying here!
There's plenty of restaurants around in Chinatown that's within walking distance and are open until very very late (or all night). There's a Walgreens nearby too if the Chinese grocery store across the street doesn't have what you need.
There's a metro station very close by, although I didn't use it. Uber to downtown Chicago is pretty quick and affordable.
The place is set up almost like a hostel, which was very nice. There are around five other rooms for other guests. There are two kitchens, two bathrooms, and if you hang around the common area, you can probably hit up a friendly conversation with another guest. The room we stayed in was very big and roomy, with plenty chairs and desks.
Overall, I love the location, love the room, and love the price. I'd say it's a very good deal.