Downtown area of Chicago, Illinois is a place where you would have an impossible time looking for cheap rates. Yes, looking for cheap Chicago Resort is like looking for a needle in a haystack but you can still find Chicago resort hotels in downtown area with rates that are considered cheap at least in their standards.
Hotel Sax Chicago
http://www.hotelsaxchicago.com/
It's conveniently located in the downtown area of Chicago where you can enjoy free parking, which is something that is like a miracle in Chicago. They offer special offers and you should grab these offers whenever you can. For $182 a night and a 10% discount, it's not a bad rate at all.
Eaglewood Resort and Spa
http://www.eaglewoodresort.com/default_.asp
It's not exactly in the downtown area of Chicago but it's just a few miles away and here you'd really get a resort experience to die for. You get to play golf, enjoy the awesome view and stay in a luxurious room for as low as $139.00 a night! Take note, they also give discounts and special offers. So, even if it's like 25 miles away from Downtown Chicago, it's still an excellent choice.