I love this place for solo traveling. I'm a medium sleeper, and the train is loud. but it never bothered me (I love trains any way). I think it is the perfect place to stay for someone who is traveling alone, and has never been downtown before. It is near everything! (Grant Park, public transport, good food restaurants, grocery stores....). The futon for a bed is comfortable if you sleep on the specific, cushioned side. So, if you're a picky sleeper, and traveling in pairs. I wouldn't necessarily recommend it, for the sake of one person who would sleep uncomfortably on the less-cushioned side.
It has pots and pans, towels, and little essentials like that. so if you plan on saving some money to cook, you'll have the tools! just buy the ingredients. It is truly a wonderful place, and it was the perfect place for someone who's never been to Chicago before.