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Hotel 505 River North Chicago, Illinois
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Hotel comparison guide

Hotel 505 River North vs The Peninsula Chicago

Hotel 505 River North is a 4.5-star, 261-room River North property with a social, modern-American restaurant and indoor/outdoor pool space—good for families and neighborhood access. The Peninsula Chicago is an iconic five-star Magnificent Mile hotel with a full-service spa and classic luxury for travelers who prioritize service and a high-end downtown address.

Updated · about 0.8 km apart

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

Hotel 505 River North

River North · boutique · family-friendly

Best for neighborhood access and a social River North stay with easy walkability to nightlife and galleries.

See rooms & suites
The Peninsula Chicago, Chicago, Illinois

The Peninsula Chicago

Magnificent Mile · iconic luxury · full-service spa

Best for traditional five-star luxury, a full-service spa, and a Magnificent Mile address close to high-end shopping.

Quick Verdict: Hotel 505 River North vs The Peninsula Chicago

When Hotel 505 River North wins: choose Hotel 505 if you want a slightly smaller, more neighborhood-driven stay with an active on-site restaurant/bar (CBR), flexible meeting space, and both indoor and outdoor pool options—good for families and groups who want to be in River North nightlife and gallery territory.

When The Peninsula Chicago wins: pick The Peninsula for classic five-star service, a larger-room inventory, a dedicated full-service spa and health club, and a landmark Magnificent Mile address when prestige and a full suite of luxury hotel amenities matter.

Bottom line: both put you in prime downtown Chicago walking distance of Michigan Avenue; Hotel 505 trades a bigger-brand luxury setup for a boutique, social River North feel, while The Peninsula offers a more traditional five-star luxury experience with an on-site spa and larger facilities.

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Hotel 505 River North vs The Peninsula Chicago – At a Glance

Side-by-side facts for Hotel 505 River North and The Peninsula Chicago
CategoryHotel 505 River NorthThe Peninsula Chicago
Overall vibeBoutique, River North–socialIconic five-star Magnificent Mile luxury
Location505 N. State Street, River North (steps to State St; short walk to Magnificent Mile)108 East Superior Street, on the Magnificent Mile (steps from Michigan Avenue and Water Tower Place)
Size261 rooms and suites339 guestrooms
AgesAll ages welcome (family-friendly)
PoolsHeated indoor pool on 17th floor + rooftop sun deck; outdoor pool also listed on third-party sitesIndoor pool (1) listed; fitness facilities
Restaurants & barsCBR — modern American brasserie, all-day service, bar & happy hour (on-site)Two restaurants (including Shanghai Terrace) plus a bar/lounge and room service
Spa & wellnessNo standalone spa; in-room spa treatments and Spa Suites with jetted tubsFull-service spa and health club
Known forRiver North access, meeting/event space (~8,000+ sq ft), social restaurant and rooftop pool deckLandmark five-star property on the Magnificent Mile with signature luxury services
Meeting & event spaceOver 8,000 sq ft across ten rooms, ballroom and banquet hall optionsBanquet/meeting facilities available (specific sq. ft. not published in supplied listing)
Parking & transfersValet parking (on-site) and off-site parking nearby; no airport transfer serviceValet parking (fee) and limo/town car service available; preferred airport listed as ORD

A Look Inside Hotel 505 River North

Hotel 505 River North: rooms & suitesRooms & suitesHotel 505 River North: diningDiningHotel 505 River North: spa & wellnessSpa & wellness
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Location: River North energy vs Magnificent Mile prestige

Hotel 505 River North – Location

Hotel 505 sits on North State Street in River North — an easy walk to galleries, nightlife and the Magnificent Mile.

  • 505 N. State Street address; roughly 3–5 minutes to Michigan Avenue on foot.
  • Close to CTA Red Line Grand/State area and short walk to the Chicago Riverwalk and House of Blues.
  • Neighborhood-focused dining, galleries and nightlife within very short walking distance.

Pick Hotel 505 to be in the heart of River North’s dining and nightlife scene with quick access to the Magnificent Mile.

The Peninsula Chicago – Location

The Peninsula Chicago stands on East Superior at the Magnificent Mile, steps from high-end shopping and city landmarks.

  • 108 East Superior Street puts you very close to Michigan Avenue and Water Tower Place.
  • Short walk to Millennium Park and easy access to downtown attractions and museums.
  • Located for guests who want a prestigious downtown address with upscale shopping nearby.

Choose The Peninsula for a central Magnificent Mile address and proximity to Chicago’s signature shopping and sights.

Rooms: size and style

Hotel 505 River North – Rooms

Hotel 505 has 261 individually decorated guestrooms and suites, including Spa Suites with jetted tubs.

  • Room types include Deluxe Room and Deluxe Room, City View plus several spa-suite categories.
  • Spa Suites offer jetted 'Fuji' soaking tubs and walk-in showers; in-room spa treatments are available.
  • Housekeeping is provided on request; free Wi‑Fi in rooms.

Hotel 505 suits travelers who want modern, individually styled rooms and in-room spa options without a separate spa facility.

The Peninsula Chicago – Rooms

The Peninsula offers 339 guestrooms and a range of suites, positioned as classic five-star accommodations.

  • Guestrooms include Grand Premier King Room, Deluxe Room, Executive Suite and many named suites.
  • Rooms feature pillowtop beds, minibars, 55-inch LED TVs, and separate tubs and showers in bathrooms.
  • Complimentary wired and wireless internet access is included.

The Peninsula provides a larger inventory of classic luxury rooms and suites for travelers seeking full five-star amenities.

Dining & drinks: CBR vs several signature venues

Hotel 505 River North – Dining & drinks

CBR is Hotel 505’s on-site American brasserie and cocktail bar, serving the hotel and local neighborhood.

  • Breakfast, lunch, brunch, dinner and happy hour; business-casual dress recommended.
  • Happy hour runs Tuesday–Friday; breakfast hours Monday–Friday 7–11am, weekend brunch available.
  • Reservations recommended; restaurant can support event catering for meetings and banquets.

If you want an easy, neighborhood restaurant and bar in-house, Hotel 505’s CBR covers all-day dining and drinks.

The Peninsula Chicago – Dining & drinks

The Peninsula lists two restaurants (including Shanghai Terrace) plus a bar/lounge and room service.

  • Shanghai Terrace offers Chinese cuisine; the property has a coffee shop/cafe and bar/lounge.
  • Room service is available during limited hours; full breakfasts are available for a surcharge.
  • On-site dining supports guests seeking a full-service luxury hotel food & beverage program.

The Peninsula is the pick if you want multiple in-house dining choices and classic hotel room service.

Pools & rooftop access: where to swim

Hotel 505 River North – Pools & rooftop access

Hotel 505 promotes a heated indoor pool on the 17th floor alongside a rooftop sun deck; some listings also note an outdoor pool.

  • Heated indoor pool located with the fitness center on the 17th floor (year-round swim).
  • Rooftop sun deck opens when weather allows for sunning after a swim.
  • Pool capacity is managed for guest comfort and safety.

Hotel 505 appeals to guests who want a rooftop-adjacent pool experience and a higher-floor indoor swim area.

The Peninsula Chicago – Pools & rooftop access

The Peninsula provides an indoor pool and fitness facilities as part of its wellness offerings.

  • Indoor pool and health club available to guests.
  • Spa and wellness services are supported by a full-service spa on site.
  • Recreation and fitness amenities accompany the hotel’s luxury positioning.

The Peninsula is for guests who prefer a traditional luxury-hotel pool and a full wellness program.

Wellness & nightlife: spa, fitness and evening options

Hotel 505 River North – Wellness & nightlife

Hotel 505 offers a 24-hour fitness center with Peloton bikes, in-room spa treatments, and local nightlife access.

  • 24-hour fitness center on the 17th floor with Peloton bikes included via the destination fee.
  • No standalone spa; Spa Suites and in-room treatments instead.
  • River North nightlife (bars, clubs, small venues) is within easy walking distance.

Pick Hotel 505 for flexible fitness access and quick access to River North nightlife rather than a full spa program.

The Peninsula Chicago – Wellness & nightlife

The Peninsula includes a full-service spa, health club and a quieter luxury evening environment.

  • Full-service spa with massages and body treatments; health club complements spa services.
  • Multilingual staff, concierge services and limousine/town car options support upscale stays.
  • Evenings lean toward dining and lounge service rather than neighborhood nightlife within the property.

The Peninsula is geared to travelers who want in-house spa and wellness services and concierge-driven evening plans.

Who Wins? Best Pick by Travel Style

Best for families and social stays
Guest seated with a glass of wine by a fireplace at Hotel 505 River North

Hotel 505 River North

Hotel 505 River North — family-friendly pools, neighborhood nightlife and a social on-site restaurant make it a good fit for families and groups.

Best for classic five-star luxury
The Peninsula Chicago, Chicago, Illinois

The Peninsula Chicago

The Peninsula Chicago — choose it for a traditional, full-service luxury experience with a dedicated spa and upscale Magnificent Mile address.

Best for in-house spa and treatments
The Peninsula Chicago, Chicago, Illinois

The Peninsula Chicago

The Peninsula — full-service spa and health club are available on site.

Best for meeting and event space in River North
Person standing with a black tote bag against a red tufted wall at Hotel 505 River North

Hotel 505 River North

Hotel 505 — more than 8,000 sq ft of flexible meeting and event space across ten rooms, plus ballroom and banquet hall options.

Frequently asked questions

Hotel 505 River North vs The Peninsula Chicago: FAQs

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Which hotel is closer to Michigan Avenue shopping?

Both are within easy walking distance to Michigan Avenue; The Peninsula sits directly on the Magnificent Mile while Hotel 505 is a short walk north in River North.

Which property has a standalone spa?

The Peninsula has a full-service spa; Hotel 505 does not operate a separate spa facility and offers in-room spa treatments and Spa Suites instead.

Are both hotels family-friendly?

Yes. Both hotels welcome guests of all ages; Hotel 505 specifically markets family-friendly amenities and pools.

Which hotel has more rooms?

The Peninsula has more guestrooms (339) compared with Hotel 505’s 261 rooms.

More Hotel 505 River North Comparison Guides

Explore how Hotel 505 River North stacks up against other hotels nearby:

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