The cost of banquet halls averages around $49 per person. The final price will depend on location, size, amenities, and demand. Some venues also offer additional packages that include catering, AV equipment, or additional services. Take a look at the usual price ranges in Chicagoland, based on Tagvenue data:
| From $28 | to $65 | per person |
| From $150 | to $250 | hire fee per hour |
| From $1100 | to $4962 | hire fee per event |
You'll find banquet halls in various sizes, from smaller spots to larger venues; keep in mind that the type of space and your chosen layout will affect the capacity! Below you can see the typical venue sizes in Chicagoland, together with the standard prices in each size range, based on Tagvenue data (October 2026):
| Small | up to 120 guests | prices average $150 hire fee per hour |
| Medium | between 200 and 300 guests | prices average $3000 minimum spend per event |
| Large | over 310 guests | prices average $4500 hire fee per event |
Smaller banquet halls usually fit up to 120 guests seated. Here are some great options in Chicagoland, based on Tagvenue data as of October 2026:
Banquet Room at Taste of India Restaurant- Banquet & Catering - banqueting hall for 95 guests
Venue said: The space receives natural daylight, provides wheelchair access and accessible toilets, and is typically set up with round banquet tables, covered chairs and table linens.
Small Banquet Hall at Grand Duke's Restaurant - banqueting hall for 35 guests
Venue said: The small banquet hall at Grand Duke's Restaurant offers an intimate yet elegant space ideal for hosting private events of up to 35 guests. The hall is tastefully decorated with soft lighting, neutral tones, and detailed...
Downstairs hall at Johnson-Phelps VFW Banquet Hall - banqueting hall for 70 guests
Venue said: Catering in this room can be arranged buffet-style or family-style. There is also a smaller hall in the basement, which can host up to 70 guests and is accessible by stairs or elevator.
Cheap banquet halls in Chicagoland start from $1000 minimum spend per event or $25 per person. Check out these budget-friendly spaces you can book through Tagvenue, as of October 2026:
Amore Room at Balagio Restaurant & Banquets, from $1000 minimum spend per event
(up to 150 guests seated)
Venue said: The Amore Room is a Banqueting Hall in Balagio Restaurant & Banquets; a private, column‑free function room defined by an open floorplan and flexible table layouts.
Morning Glory at Jennifer's Garden, from $25 per person
(up to 340 guests seated)
Venue said: Morning Glory is an ideal space for events for up to 170 people. You can enter the hall through the main entrance or the internal door that connects the room directly with the parking lot.
Meeting Room 1&2 at Hyatt Place Chicago South, from $1000 hire fee per day
(up to 75 guests seated)
Our user said: ‘I liked everything about the venue. Everything was all set up when we arrived.’
Page last updated in October 2026
To provide you with relevant information, our pages are refreshed using an algorithm that aggregates real-time data, including bookings, reviews, and venue updates.