I stayed in the location at 1111 last October. As I aimed to be near the front of the line at rope drop every day, I walked (as a solo person) and that was fine. There were cross walks and, leaving super early like I did daily, there wasn't much traffic. That said, if I was going with kids or slow movers, or planning to make that walk later in the morning, I might not feel comfortable walking it. However, if I was planning to go later in the morning, I would take the free "shuttle" (translation: really old, slightly grubby van they used as a shuttle) if they still have it. For me, as I wanted to get their early, I walked there each day and took the shuttle back and that was totally doable. No more difficult, really, than when I walked from a hotel near the convention center earlier in the same trip (I split hotels last October).
In short, I was ok with the location, especially for the price, and would gladly stay there again and make the walk again each morning, but it was definitely a no-frills place and the walk was not short, but the fact that I was able to stay twice as long for the same price as a closer hotel made the morning walk totally worth it.
~Meg