
Sheraton Grand Chicago Riverwalk
Best for groups, conventions, and families who want river access and lots of on-site meeting and event space.
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Sheraton Grand Chicago Riverwalk is a large riverfront Marriott aimed at conventions, families, and business groups. The Peninsula Chicago is an ultra-luxury Magnificent Mile hotel for travelers who want polished, residential service and a full-service spa.
Updated · about 0.6 km apart

Best for groups, conventions, and families who want river access and lots of on-site meeting and event space.

Best for travelers seeking an intimate, full-service luxury stay on the Magnificent Mile with a dedicated spa and refined in-room details.
When Sheraton Grand Chicago Riverwalk wins: choose Sheraton Grand Chicago Riverwalk if you need large-capacity event space, a location directly on the Chicago Riverwalk, or family-friendly rooms and amenities at scale.
When The Peninsula Chicago wins: pick The Peninsula Chicago for a smaller, ultra-luxury experience with a full-service spa, residential-style rooms, and a location steps from Michigan Avenue shopping.
Bottom line: Sheraton Grand is better for groups and riverfront convenience; The Peninsula is better for travelers who prioritize boutique luxury, service, and a dedicated spa.
| Category | Sheraton Grand Chicago Riverwalk | The Peninsula Chicago |
|---|---|---|
| Overall vibe | Large riverfront convention and family-friendly hotel | Ultra-luxury, polished Magnificent Mile hotel |
| Location | Directly on the Chicago Riverwalk (Streeterville/River North) | One block off Michigan Avenue, steps from shopping and attractions |
| Size | 1,218 rooms across 34 floors | 339 guestrooms |
| Ages | All-ages / family-friendly | |
| Pools | One indoor heated pool (7th floor) with city/Lake Michigan views | Indoor pool (number of pools: 1) |
| Restaurants & bars | Multiple on-site options (Shula's Steak House, Riverside Café, CHI Bar, Link Café, seasonal Chicago Burger Company) | Two restaurants (including Shanghai Terrace) plus a bar and café |
| Spa & wellness | No dedicated branded spa; massage services available for a fee; two-story fitness center with Peloton and dry sauna | Full-service spa and fitness facilities |
| Known for | Extensive meeting and ballroom space; direct Riverwalk access | Residential luxury service, central Magnificent Mile address |
| Parking & fees | On-site self and valet parking (surcharge); daily destination fee applies | Valet parking (surcharge); express check-in; fees for some services |
| Check-in / Check-out | Check-in 4:00 PM; check-out by 12:00 PM (noon) | Check-in begins 3:00 PM; check-out 12:00 PM |
Sheraton Grand Chicago Riverwalk sits directly on the Chicago Riverwalk in the Streeterville/River North area.
Choose Sheraton Grand if you want direct Riverwalk access and easy river excursions.
The Peninsula Chicago is located on East Superior Street, one block from Michigan Avenue shopping.
Choose The Peninsula for immediate access to Magnificent Mile shopping and a quieter street setting off the main avenue.
Sheraton Grand offers a very large room inventory with views of the river, skyline, or lake and multiple club/concierge room types.
Sheraton Grand is flexible for groups and families who need many room-type options and club access.
The Peninsula's 339 guestrooms are presented as residential, luxury rooms and suites with premium bedding and in-room features.
The Peninsula is better if you prefer a smaller, service-driven room inventory and luxury finishes.
Sheraton Grand provides a range of on-site dining from casual to fine dining.
Sheraton Grand suits groups and families who want choice and casual-to-formal options on property.
The Peninsula offers a smaller, more curated set of dining choices with an emphasis on refined cuisine.
The Peninsula fits travelers who want refined, hotel-forward dining rather than many casual outlets.
Sheraton Grand features a single indoor heated pool on the 7th floor with large windows and city/Lake Michigan views.
Sheraton Grand offers reliable indoor pool access with views—good for families year-round.
The Peninsula has an indoor pool as part of its wellness offerings and a full-service spa.
The Peninsula's spa plus indoor pool is geared to guests prioritizing a complete wellness and pampering experience.
Sheraton Grand's wellness focus is a large complimentary fitness center and pool rather than a branded spa.
Sheraton Grand is strong on fitness and casual evening outlets but lacks a dedicated spa facility.
The Peninsula emphasizes a full-service spa and quieter, refined evening spaces.
The Peninsula is preferable for travelers who want spa treatments and a quieter, upscale evening experience.

Sheraton Grand — extensive meeting and ballroom space (over 120,000 sq ft) and large-capacity ballrooms.

The Peninsula — full-service spa and a smaller, service-oriented luxury property.

Sheraton Grand — located directly on the Chicago Riverwalk with immediate access to river tours.

The Peninsula — steps from Michigan Avenue and Water Tower Place.
Sheraton Grand is explicitly family-friendly with large rooms, seasonal casual dining, and riverwalk activities; The Peninsula is family-friendly too but positions as an ultra-luxury stay.
The Peninsula has a full-service spa; Sheraton Grand does not operate a dedicated branded spa (massage services are available for a fee).
The Peninsula is steps from Michigan Avenue; Sheraton Grand is a short walk (about 5–7 minutes) to the Magnificent Mile and directly on the Riverwalk.
Yes — Sheraton Grand specializes in large meetings and conventions with very large ballroom capacity; The Peninsula can host smaller, high-end meetings and events.
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