Best Luxury Hotels Near The Magnificent Mile

The Magnificent Mile is a bustling stretch of Michigan Avenue in Chicago, renowned for its high-end shopping, dining, and entertainment. Spanning 13 blocks, it features some of the city’s most iconic landmarks, including the historic Water Tower and the John Hancock Center. Visitors can explore luxury boutiques, department stores, and flagship retailers alongside fine dining restaurants, making it a prime destination for both tourists and locals. The area is also home to cultural attractions such as museums and galleries, contributing to its lively atmosphere day and night. With its prime location near Lake Michigan and the Chicago River, the Magnificent Mile offers a perfect blend of urban sophistication and historical charm. Here are our favourite luxury hotels in the area

River North, Chicago, Illinois

The Peninsula Chicago

Hotel
(5 stars)

Attracting the wealthy elite, this plush hotel offers a central location, wonderful views and a dreamy spa.  Elements of The Peninsula group’s Asian heritage are teased into the interior design, but the public areas mostly fall into a 1920s theme. 339 rooms are neutrally decorated, in teak wood and creams and each comes with its own tablet device. There are three places to eat including Chinese cuisine at the refined Shanghai Terrace. The Peninsula is family-friendly too with the convenience of a kids’ club, adjoining rooms and lots of activities for younger travellers (you needn’t pack a games console for a visit here, Playstations are supplied).

BOOK YOUR STAY
The Peninsula Chicago

River North, Chicago, Illinois

The Gwen, A Luxury Collection Hotel, Michigan Avenue Chicago

Hotel
(4 stars)

Named after Chicago’s own Gwen Lux, a pioneering female sculptor of the 20th century, this Mariott property is found in the McGraw-Hill building. Glamorous art deco interiors reflect the building’s origins with 311 rooms in taupe and gold palettes. Upstairs at the Gwen is the hotel’s vibrant rooftop bar, but the alfresco facilities aren’t limited to libation. In summer, guests can experience unique urban glamping on the hotel’s 16th-floor terrace. Sleep in a queen-sized Black Pearl bed in a lavishly furnished huge bohemian Lotus Belle tent. Meanwhile back indoors, the hotel’s restaurant, Kostali, serves delicious North African/European cuisine.

BOOK YOUR STAY
The Gwen, A Luxury Collection Hotel, Michigan Avenue Chicago

* All the properties and products we feature are independently selected by our editors and contributors. If you buy something we may earn a commission.

Sign up for our newsletter for inspiration, exclusive previews & luxury tips