Cheap Chicago Hotels

Cheap Chicago Hotels

If you want to go to the city of Chicago and use a hotel you may want a cheap hotel ? Some would like a luxury or cheap hotel in the city. As many people would like a hotel with good facilities.

The city is one of the most famous in the USA. It is a very well known city as a centre of business, culture, and of art.

Often called The Windy City and The City of Broad Shoulders, Chicago was incorporated as a city in 1837 after initially being founded in 1833 at the site of a portage between the Great Lakes and the Mississippi River watershed.

The city's waterfront allure and nightlife has attracted residents and tourists alike. Over one-third of the city population is concentrated in the lakefront neighborhoods (from Rogers Park in the north to Hyde Park in the south).

Navy Pier is a 3,300 foot long pier on the Chicago shoreline of Lake Michigan. The pier was built in 1916 at a cost of $4.5 million; it was a part of the Plan of Chicago developed by architect and city planner Daniel Burnham and his associates. Navy Pier was planned and built to serve as a mixed-purpose piece of public infrastructure. Its primary purpose was as a cargo facility for lake freighters, and warehouses were built up and down the pier. However, the pier was also designed to provide docking space for passenger excursion steamers, and in the pre-air conditioning era parts of the pier, especially its outermost tip, were designed to serve as cool places for public gathering and entertainment. The pier even had its own streetcar. It was known as a romantic spot for young lovers.

The downtown area about 3 SQ miles, lying somewhat roughly between Chicago Avenue on the north, Lake Michigan on the east, Roosevelt Road on the south and DesPlaines Avenue on the west, serves as the city's commercial hub. The area known as The Loop, is a portion of downtown named for it once having been located within a circuit of cable cars. Today the name reflects the elevated train Loop. Many of downtown's commercial, cultural, and financial institutions are located in the Loop. The current CTA Elevated Loop follows Wells St on the West, Van Buren St on the South, Wabash St on the East, and Lake St on the North.

Chicago is a major financial center with the second largest central business district in the USA The city is the headquarters of the Federal Reserve Bank of Chicago (the Seventh District of the Federal Reserve). The city is also home to three major financial and futures exchanges, including the Chicago Stock Exchange, the Chicago Board Options Exchange (CBOE), and the Chicago Mercantile Exchange (the "Merc"), which includes the former Chicago Board of Trade (CBOT). Perhaps due to the influence of the Chicago school of economics, the city also has markets trading unusual contracts such as emissions (on the Chicago Climate Exchange) and equity style indices (on the US Futures Exchange).

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