I stayed there two weeks ago, and the rooms are nice. I was able to get a room off Priceline for something like $53 a night! We were very high up and had a view of the river and a piece of the lake.
It was an easy walk to Michigan Avenue to shop and to the Navy Pier. We ended up taking the bus down to Shedd Aquarium, and the bus stop is just a couple blocks west of the hotel.
Check in is in the east tower on the second floor. Parking is $49!!! a night, with in-and-out privileges. We weren't planning on using the car while we were there, so we parked down in the Millenium Garage for $29 each 24 hour period. It's 4 blocks or so south, the entrance is in the middle of Michigan Avenue. The valet let us park our car in front of the east tower long enough to check in and get the bags to the room, and the reverse when we checked out.
Internet is extra in the room, but they have computers and wireless down in the lobby. We didn't use it, so I don't know the speed or anything.
I bought transit tickets from the cta online, that gave us unlimited travel on the El and on the buses for $5.75 (iirc) for 24 hours from first use of the ticket. They have 3 and 5 day tickets also. You can also buy the transit tickets from the Currency Exchange or at Dominick's supermarket. There's a Currency Exchange not far away. The concierge can direct you.
Have fun!