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Hotel 505 River North Chicago, Illinois
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Hotel comparison guide

Hotel 505 River North vs Sheraton Grand Chicago Riverwalk

Hotel 505 River North is a compact, recently rebranded 4.5-star River North hotel with a rooftop/17th-floor indoor pool, CBR restaurant and family- and pet-friendly policies. Sheraton Grand Chicago Riverwalk is a large 4-star riverfront hotel with extensive meeting space, multiple restaurants/bars and amenities for business and convention travelers — read this if you’re choosing between a neighborhood boutique feel and a big-brand riverfront option.

Updated · about 1.0 km apart

Rooftop terrace lounge seating with green cushions at Hotel 505 River North

Hotel 505 River North

Boutique 4.5-star · Heated 17th-floor pool & rooftop deck · Family- and dog-friendly

Best for travelers who prefer a compact River North base with a lively neighborhood feel, an on-site brasserie (CBR), a rooftop/17th-floor pool and pet-friendly policies.

Sheraton Grand Chicago Riverwalk, Chicago, Illinois

Sheraton Grand Chicago Riverwalk

Large 4-star · Riverfront meeting hotel · Club lounge & conference hub

Best for visitors who need large meeting space, predictable brand services, riverfront views and on-site options (multiple restaurants, bars and extensive event facilities).

Quick Verdict: Hotel 505 River North vs Sheraton Grand Chicago Riverwalk

When Hotel 505 River North wins: choose Hotel 505 if you want a smaller, neighborhood-style River North stay with a heated 17th-floor indoor pool and rooftop sun deck, an on-site modern American brasserie (CBR), and flexible family- and pet-friendly policies.

When Sheraton Grand Chicago Riverwalk wins: pick the Sheraton for large-group stays, conferences or when you need riverfront rooms, a club/concierge offering and many meeting rooms plus multiple dining outlets on the property.

Bottom line: Hotel 505 is the better pick for social, neighborhood stays and families or pet owners who value a rooftop pool and a single well-regarded restaurant; Sheraton Grand Chicago Riverwalk is the practical choice for business travelers, groups and anyone prioritizing riverfront scale and meeting facilities.

Hotel 505 River North vs Sheraton Grand Chicago Riverwalk – At a Glance

Side-by-side facts for Hotel 505 River North and Sheraton Grand Chicago Riverwalk
CategoryHotel 505 River NorthSheraton Grand Chicago Riverwalk
Overall vibeCompact, neighborhood-focused River North hotel with boutique serviceLarge-brand, riverfront 4-star hotel oriented to business and events
Location505 N. State Street — River North, a short walk to Magnificent Mile and Chicago Riverwalk301 E North Water St — riverfront near the Chicago Riverwalk and Michigan Avenue
Size261 rooms and suites1,218 guestrooms
Who’s allowed / age policyAll ages welcome; primary guest must be 21 to check in
PoolsHeated indoor pool on the 17th floor plus rooftop sun deck (hotel also listed with an outdoor pool by some sites)Indoor pool (number of pools: 1 indoor listed)
Restaurants & barsCBR — modern American brasserie, breakfast/brunch/lunch/dinner and happy hour; single on-site restaurantThree restaurants and 2 bars/lounges (including Shulas Steak House, plus cafe and room service options)
Meeting & eventsAbout 8,000–8,150 sq ft meeting space across ~10 rooms; ballroom and banquet hallApprox. 125,000 sq ft of conference space and 43 meeting rooms
Wellness / fitness24-hour fitness center on 17th floor with Peloton bikes; fitness access bundled into destination fee
PetsDog-friendly (up to two dogs; fees: $75 up to 7 nights, $150 for 8+ nights per dog)Pets: Not published
Known forRooftop/17th-floor pool, CBR restaurant, neighborhood River North locationRiverfront location, large meeting/conference facilities and multiple dining outlets

A Look Inside Hotel 505 River North

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Location: River North convenience vs riverfront access

Hotel 505 River North – Location

Hotel 505 sits on North State Street in River North within easy walking distance of the Magnificent Mile and Chicago Riverwalk.

  • About a 3–7 minute walk to Michigan Avenue and the Chicago Riverwalk according to property listings.
  • Close to galleries, restaurants, nightlife and CTA Red Line access at Grand/State.
  • Nearby landmarks include Marina City, House of Blues and easy access to lakefront beaches via transit.

Choose Hotel 505 for a neighborhood feel with very short walks to shopping and Riverwalk.

Sheraton Grand Chicago Riverwalk – Location

Sheraton Grand Chicago Riverwalk is positioned directly on the riverfront, steps from the Chicago Riverwalk and very near Michigan Avenue.

  • Cited walk times: about 5 minutes to Michigan Avenue and 10 minutes to Millennium Park in supplier highlights.
  • Direct riverfront address (301 E North Water St) gives easy access to riverfront dining and views.
  • Close to many downtown sights; preferred airport listed as O'Hare for routing guidance.

Choose Sheraton for the convenience of on-the-river placement and immediate riverwalk access.

Rooms: Boutique 261 rooms vs big-brand inventory

Hotel 505 River North – Rooms

Hotel 505 offers 261 individually decorated rooms and spa-focused suites, marketed as 4.5-star accommodations.

  • Room types include Deluxe Room (1 King Bed or 2 Queen Beds) and Deluxe Room, City View (1 King Bed).
  • Spa Suites (Junior Spa, One-Bedroom Spa, Luxury Spa) include jetted Fuji soaking tubs and walk-in showers; no standalone spa facility.
  • Free Wi‑Fi in rooms; housekeeping on request; check-in 4:00 PM, check-out 11:00 AM.

Hotel 505 suits travelers who want a smaller inventory with spa-style suite options and boutique touches.

Sheraton Grand Chicago Riverwalk – Rooms

Sheraton Grand offers a wide range of traditional, deluxe and suite room types, including river- and lake-view options and club/concierge rooms.

  • Room names available include Traditional Room, Deluxe Room, Club Lounge Access rooms, Junior and Executive Suites and one-bedroom suites with lake views.
  • Many accessible room types are listed (hearing accessible, mobility accessible, roll-in shower options).
  • Wireless internet may carry a daily fee; pillowtop beds and complimentary toiletries are noted.

Sheraton works well for guests who want many room types, view options and accessible room variants at a large property.

Dining & drinks: CBR’s focused menu vs multiple on-site outlets

Hotel 505 River North – Dining & drinks

Hotel 505’s on-site restaurant is CBR, a modern American brasserie that handles most guest dining needs.

  • CBR serves breakfast, lunch, brunch and dinner on specified days, plus a weekday happy hour (Tuesday–Friday 4–6pm).
  • CBR accepts reservations and is priced in a moderate range; business-casual dress code is noted.
  • Hotel 505 includes a $10 dining credit toward CBR in its destination fee package.

If you want a single reliable on-site restaurant with daily service windows and happy hour, Hotel 505 delivers.

Sheraton Grand Chicago Riverwalk – Dining & drinks

Sheraton Grand lists three restaurants and two bars/lounges, including Shulas Steak House and a coffee shop/cafe.

  • Shulas Steak House is highlighted as an on-site American dining option; room service is available during limited hours.
  • Continental breakfast is available for a fee; multiple outlets increase choices for groups and late arrivals.
  • Two bars/lounges give options for evening drinks without leaving the property.

Sheraton is better if you want more on-site dining variety or need options for groups with varied tastes.

Pools & signature amenity: Rooftop/17th-floor pool deck vs indoor pool and extensive facilities

Hotel 505 River North – Pools & signature amenity

Hotel 505 promotes a heated indoor pool on the 17th floor with an adjacent rooftop sun deck and some listings note an outdoor pool as well.

  • 17th-floor pool area includes the fitness center with Peloton bikes; pool is open year-round and is heated.
  • Rooftop sun deck provides outdoor space when weather allows.
  • Pool use and fitness access are included in the hotel’s nightly destination fee.

Hotel 505’s rooftop/17th-floor pool and deck are a standout for leisure travelers who want an elevated pool experience in downtown Chicago.

Sheraton Grand Chicago Riverwalk – Pools & signature amenity

Sheraton Grand offers at least one indoor pool and a 24-hour fitness center among its recreational features.

  • Supplier listing notes number of indoor pools as 1 and a 24-hour fitness facility.
  • Large property footprint and conference focus mean pool space is part of a broader amenity set rather than a singular signature feature.
  • Pool access hours are published (6:00 AM–10:00 PM in supplier policies).

Sheraton provides conventional pool and fitness options appropriate for business and leisure guests but emphasizes other large-scale amenities.

Wellness & nightlife: In-room spa options and River North nightlife vs meeting-focused services and riverwalk evenings

Hotel 505 River North – Wellness & nightlife

Hotel 505 doesn’t operate a dedicated spa but offers in-room spa treatments and Spa Suites with jetted tubs; River North nightlife is steps away.

  • Spa services are provided in-room rather than in a separate spa facility; Spa Suites include jetted soaking tubs.
  • River North nightlife (Untitled Supper Club, Hubbard Inn, etc.) is within walking distance for evening plans.
  • 24-hour front desk and luggage storage support late-night arrivals and departures.

Hotel 505 fits guests who prefer in-room spa options and quick access to River North bars and restaurants.

Sheraton Grand Chicago Riverwalk – Wellness & nightlife

Sheraton Grand focuses on conferences and scale, with concierge services and business facilities; riverfront evenings and dining are nearby.

  • Extensive concierge and event services support business travelers and group logistics.
  • Riverwalk-adjacent location makes it easy to dine or stroll along the river in the evening.
  • Accessibility and multilingual staff are emphasized in the supplier listing.

Sheraton is geared to travelers who value business services, event support and immediate riverfront promenading after meetings.

Who Wins? Best Pick by Travel Style

Best for small groups & couples
Guest seated with a glass of wine by a fireplace at Hotel 505 River North

Hotel 505 River North

Hotel 505 — boutique size, rooftop/17th-floor pool and a single polished restaurant (CBR) make it better for small-group or couples stays.

Best for business meetings & large events
Sheraton Grand Chicago Riverwalk, Chicago, Illinois

Sheraton Grand Chicago Riverwalk

Sheraton Grand Chicago Riverwalk — far more meeting space (125,000 sq ft and 43 meeting rooms) and event support for conferences.

Best for families & pets
Person standing with a black tote bag against a red tufted wall at Hotel 505 River North

Hotel 505 River North

Hotel 505 — family-friendly policies, a shallow/guest-noted pool and a dog-friendly policy (fees and limits published).

Best for river views & multiple on-site outlets
Sheraton Grand Chicago Riverwalk, Chicago, Illinois

Sheraton Grand Chicago Riverwalk

Sheraton Grand Chicago Riverwalk — riverfront address with a wider selection of on-site restaurants and bars.

Frequently asked questions

Hotel 505 River North vs Sheraton Grand Chicago Riverwalk: FAQs

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Which property is better if I need conference space?

Sheraton Grand Chicago Riverwalk — supplier listing shows about 125,000 sq ft of conference space and 43 meeting rooms versus ~8,000 sq ft at Hotel 505.

Which hotel is more family- and pet-friendly?

Hotel 505 is explicitly family-friendly and dog-friendly (up to two dogs, specified fees); Sheraton accepts families but pet policy is not published in the supplier listing provided.

Do either hotel have a spa?

Hotel 505 does not operate a standalone spa but offers in-room spa treatments and Spa Suites with jetted tubs; Sheraton’s supplier listing does not show a dedicated spa (Not published).

Which has better direct river access?

Sheraton Grand Chicago Riverwalk has a riverfront address and direct proximity to the Chicago Riverwalk; Hotel 505 is a short walk from the Riverwalk in River North.

Person carrying a citrus-pattern pool float beside the indoor pool at Hotel 505 River North
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