Location located along the banks of the chicago river in the central business district and the theater district of chicago ill stands the hotel monaco chicago the hotel is 3 blocks from the eclectic shops of the magnificent mile 3 blocks from the 14 story hotel are the wrigley building and tribune tower millennium park is 4 blocks away hotel features originally a hat factory built in 1912 the hotel monaco chicago opens to an atrium style lobby sanctuary complete with french deco furn