The Cadillac Palace Theatre which was formerly known as the New Palace Theater is located at 151 West Randolph Street. It's owned by Nederlander Organization and managed by Broadway in Chicago. It hosts a number of musical and art events throughout the year. It's close to the Illinois State Museum and Walgreens shopping malls.

http://www.explorechicago.org/city/en/things_see_do/attractions/tourism/Cadillac_Palace_Theatre.html

What factors should one consider before selecting a hotel near Cadillac Palace Theatre?

- Proximity to various attraction sites

- Should offer affordable Chicago hotel rates

- Should offer good customer service

- Provision of excellent meals and if not, should be located close to restaurants

Some of the hotels near the Cadillac Palace Theater

Renaissance Chicago Hotel is located just 0.28 miles away from the theater on the One West Wacker Drive. House of Blues is situated on Dearborn Street and offers amenities such as business centre, fitness centre and restaurant. West Chicago City Centre is on West Adams Street while Holiday Inn Chicago-Mart Plaza is situated about 4 miles from the Cadillac Palace Theater. Others are Hyatt Regency Chicago Palmers House Hilton, Silversmith Hotel Habitat Suites at Pres Towers, Embassy Suites Chicago Downtown, La Quinta Suites and Comfort Inn & Suites Downtown.

http://www.hotels-rates.com/hotels/locations/Chicago/IL/usa/5455/#visited=true&trafficLogID=569643412&clickingLogId=50191590&cityID=27

http://www.metrotravelguide.com/hotels_nearby/chicago/il/usa/0/cadillac_palace_theater/