I've stayed here before. I return for the parking, the excellent location, interesting and funky art EVERYWHERE, some quite good, some just super kitchy. Be sure to check out the inside of the elevator. Check in with reservation was quick. I was only there for 4 nights and had the old. noisy bed straightened after the first night only, no other housekeeping. Never got wi fi to work and the TV was a few broadcast channels with bad reception, but most people don't go to MB to watch TV. Public areas were kept very clean. Coffee and donuts 8am til noon. It's very low tech with real room keys. The attractions for me are the pure funkiness, 2 blocks to the beach and 2 blocks the other direction to Lincoln Road.
Personally, I find the location ideal. It's generally quiet but if the room above you is occupied, you will have some noise. My room was super simple with outdoor type chairs as the only seating.