That vantage was a very popular one for a lot of images/material back in the day. I personally hated it because it hid city behind Sears, which was so dominating from that angle it made the rest of the city look very low slung.
That said, with new developments over the last 20-30 years, this angle has become quite a bit more substantial and thus more complimentary of the skyline in my opinion. Of course the Sears dominates (and will continue to do so at this angle for a long while, I don't doubt), but not overly much as it did a few decades ago.
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"Eventually, I think Chicago will be the most beautiful great city left in the world." -Frank Lloyd Wright
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