Colorful hotel near chicago river with free wifi in the loop by the river the historic brightly colored river hotel is on the north end of the loop across from the chicago river and chicago riverwalk the boutiques and restaurants that line magnificent mile are around the corner and youll be 5 blocks from the state lake metro station art and a park a 15 minute stroll down the magnificent mile gets you to the impressionist and post impressionist art housed in the art institute of chicago th