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The Drake Chicago, Illinois
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Hotel comparison guide

The Drake vs InterContinental Chicago Magnificent Mile

The Drake is a historic 4-star Gold Coast landmark at the northern end of the Magnificent Mile, with lake views, classic afternoon tea, and event spaces—good for travelers who want old‑school Chicago and easy beach access. InterContinental Chicago Magnificent Mile is a large, upscale 4.5-star hotel on Michigan Avenue with extensive meeting space, an indoor pool, and on-site spa services—best for shoppers, meetings, and guests who want a full-service city hotel.

Updated · about 0.8 km apart

Spacious grand lobby at The Drake with central fountain and floral sculpture

The Drake

Historic · Lakefront · Afternoon tea

Best for travelers who want a classic Chicago landmark with direct access to Oak Street Beach and a historic dining/bar scene.

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InterContinental Chicago Magnificent Mile, Chicago, Illinois

InterContinental Chicago Magnificent Mile

Large · Michigan Avenue · Indoor pool & spa

Best for guests who want a large, full-service downtown hotel with an indoor pool, an on-site spa, and extensive meeting facilities.

Quick Verdict: The Drake vs InterContinental Chicago Magnificent Mile

When The Drake wins: choose The Drake if you value a smaller, storied hotel on the lakefront, historic venues (Palm Court afternoon tea, Coq d'Or), and immediate access to Oak Street Beach and the northern Magnificent Mile.

When InterContinental Chicago Magnificent Mile wins: pick the InterContinental if you need a larger hotel with more rooms, an indoor pool and spa services on site, or lots of meeting and event rooms near the center of Michigan Avenue.

Bottom line: both are historic, well‑located Magnificent Mile hotels. Pick The Drake for character and lakefront proximity; pick the InterContinental for scale, on-site wellness & pool facilities, and convention/event capacity.

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The Drake vs InterContinental Chicago Magnificent Mile – At a Glance

Side-by-side facts for The Drake and InterContinental Chicago Magnificent Mile
CategoryThe DrakeInterContinental Chicago Magnificent Mile
Overall vibeHistoric, classic Gold Coast landmarkLarge, polished full-service city hotel
Location (Magnificent Mile)Anchors northern Magnificent Mile; across from Oak Street BeachDirectly on Michigan Avenue, central on the Mile
Size (rooms)535 guestrooms + 74 suites792 guestrooms
Historic / ageOpened 1920; long-standing landmarkLong-standing downtown property (modernized)
PoolsNo on-site poolIndoor pool on site
Spa & wellnessNo dedicated on-site spa; in-room massages available; 24-hour fitness centerSpa services on site, sauna, fitness facilities
Restaurants & barsCoq d'Or bar, Palm Court afternoon tea, Cafe on OakCenter Court restaurant, 1 bar/lounge, coffee shop/cafe
Meeting & event space21 event rooms, 2 ballrooms, large historic ballrooms (Gold Coast Room, Grand Ballroom)34 meeting rooms and banquet/ballroom spaces
Known forPalm Court afternoon tea; historic bar Coq d'Or; lake and beach accessCentral Michigan Avenue location, large meeting facilities, indoor pool & spa services

A Look Inside The Drake

The Drake: rooms & suitesRooms & suitesThe Drake: pools & beachPools & beachThe Drake: diningDiningThe Drake: spa & wellnessSpa & wellness
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Location: The Drake vs InterContinental Chicago Magnificent Mile

The Drake – Location

The Drake sits at 140 E Walton Place at the north end of the Magnificent Mile, facing Lake Michigan and Oak Street Beach.

  • Directly across the street from Oak Street Beach (about a 3–5 minute walk).
  • Immediate access to the Lakefront Trail and nearby shops on the northern Magnificent Mile.
  • Close to 360 CHICAGO and Water Tower Place; quieter Gold Coast neighborhood vibe just off the main drag.

Choose The Drake for the closest hotel access to Oak Street Beach and a lakefront setting.

InterContinental Chicago Magnificent Mile – Location

InterContinental Chicago Magnificent Mile is at 505 N Michigan Ave, sitting directly on Michigan Avenue near major shops and attractions.

  • Central Michigan Avenue location—steps from shops, restaurants, and the Chicago Riverwalk.
  • Within walking distance of Grant Park, Millennium Park, and cultural sites listed in the supplier highlights.
  • Easier walk to the Mile’s midsection attractions and transit connections for downtown sightseeing.

Choose InterContinental for a central Michigan Avenue address and easy access to the main shopping corridor.

Rooms: historic suites vs large inventory

The Drake – Rooms

The Drake offers individually furnished rooms and a selection of suites that emphasize historic character and lake views.

  • 535 guest rooms and 74 suites, including named suites such as the Princess Diana Suite and lake-view suites.
  • Room types include Room, Lake View and multiple suite categories (Studio Suite, Presidential Suite, etc.).
  • In-room amenities include premium bedding and laptop‑compatible safes; WiFi is available for a surcharge (complimentary for some loyalty members).

The Drake’s rooms focus on character, individual furnishings, and lake-facing options.

InterContinental Chicago Magnificent Mile – Rooms

InterContinental has a large inventory of room types across multiple towers, including executive and suite categories.

  • 792 guestrooms across Classic, Executive, Premium and numerous suite types (e.g., Suite, 1 Bedroom (Grand Tower), Premier Suite).
  • Accessible room options listed (mobility accessible, roll-in shower, accessible tub variants).
  • Standard modern hotel room amenities and complimentary WiFi are included.

InterContinental offers breadth of room types and many accessible configurations for larger groups.

Dining & drinks: tea and classic bar vs full-service outlets

The Drake – Dining & drinks

The Drake’s food & drink offerings emphasize historic venues and lakefront breakfast.

  • Palm Court: celebrated afternoon tea served Friday–Sunday (reservations recommended).
  • Coq d'Or: historic American bar serving cocktails and elevated fare (no reservations required).
  • Cafe on Oak: breakfast nook overlooking Lake Michigan; breakfast available for an additional fee.

The Drake is for guests who want iconic Chicago dining moments (tea, a historic bar) and lakefront breakfast.

InterContinental Chicago Magnificent Mile – Dining & drinks

InterContinental provides multiple on-site dining options and a bar/lounge aimed at convenience for guests and events.

  • Center Court is one of the hotel’s restaurants serving American cuisine and room service during limited hours.
  • Coffee shop/cafe and one bar/lounge provide grab-and-go and casual options.
  • Buffet breakfast is offered for a surcharge during specific hours on weekdays and weekends.

InterContinental suits guests who want on-site full-service dining and convenient daytime outlets for meetings and events.

Pools & signature amenity: lakefront access vs indoor pool

The Drake – Pools & signature amenity

The Drake’s signature access is its proximity to Lake Michigan and Oak Street Beach rather than an on-site pool.

  • No on-site swimming pool—closest water access is Oak Street Beach across the street.
  • Lakefront views and easy access to the Lakefront Trail for walking, jogging, and biking.
  • Beach access and lake activities are seasonal and public rather than hotel-run facilities.

If a hotel pool matters, The Drake does not have one; it offers direct lakefront/beach access instead.

InterContinental Chicago Magnificent Mile – Pools & signature amenity

InterContinental lists an indoor pool and sauna among its recreational amenities.

  • Indoor pool available on site (supplier listing).
  • Sauna and fitness facilities complement the pool area.
  • Spa services and body treatments are offered on property for additional fees.

InterContinental is the better option for travelers wanting on-site pool and spa facilities.

Wellness, nightlife & meetings

The Drake – Wellness, nightlife & meetings

The Drake focuses on a classic hotel experience with historic event spaces and a 24-hour fitness center.

  • 24-hour fitness center with cardio machines, free weights, and yoga/stretching areas.
  • Extensive historic event spaces: Gold Coast Room, Grand Ballroom, French Room and Camellia Room for weddings and meetings.
  • Nightlife revolves around Coq d'Or and Palm Court rather than a large-scale bar scene.

Choose The Drake for historic event venues, a 24-hour gym, and a quieter evening scene rooted in hotel tradition.

InterContinental Chicago Magnificent Mile – Wellness, nightlife & meetings

InterContinental emphasizes larger meeting capacity and on-site wellness offerings.

  • 34 meeting rooms available, with banquet halls and reception space for events.
  • On-site spa services, sauna, and fitness facilities for guest wellness.
  • A single bar/lounge and cafe provide casual evening and daytime options; larger off-site nightlife is a short walk away.

InterContinental is aimed at meeting planners and guests who want on-site wellness plus extensive event space.

Who Wins? Best Pick by Travel Style

Best for lake/beach access
Ornate hotel lobby corridor at The Drake with chandelier and patterned carpet

The Drake

The Drake — immediate access to Oak Street Beach and lakefront views.

Best for meetings & events
InterContinental Chicago Magnificent Mile, Chicago, Illinois

InterContinental Chicago Magnificent Mile

InterContinental — more meeting rooms (34) and a larger overall room inventory for group blocks.

Best for on-site pool & spa
InterContinental Chicago Magnificent Mile, Chicago, Illinois

InterContinental Chicago Magnificent Mile

InterContinental — indoor pool, sauna, and spa services on site.

Best for historic dining & local character
Staircase decorated for the holidays at The Drake flanked by toy soldier figures

The Drake

The Drake — Palm Court afternoon tea and the historic Coq d'Or bar provide landmark dining experiences.

Frequently asked questions

The Drake vs InterContinental Chicago Magnificent Mile: FAQs

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Which hotel is closer to Oak Street Beach?

The Drake is directly across the street from Oak Street Beach (about a 3–5 minute walk).

Does The Drake have a pool?

No — The Drake does not have an on-site swimming pool; the InterContinental does have an indoor pool.

Which hotel is better for business meetings and conventions?

InterContinental has more meeting rooms (34) and a larger total room inventory, making it easier for larger group blocks; The Drake has notable historic ballrooms for weddings and mid-size events.

Are either of these hotels adults-only?

No — both properties allow guests of all ages. Standard check-in age policies (21+ for the reservation holder) apply at each property where noted.

More The Drake Comparison Guides

Explore how The Drake stacks up against other hotels nearby:

Panoramic shoreline and lake view with beach and treed park at The Drake
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