Cocktail Bars for Rent in Chicago, IL

In Chicago, prices of cocktail bars average $2000 minimum spend per event. Costs vary depending on guest capacity, popularity, location, and amenities like sound systems or bar services. Extra charges may apply for custom catering, decor, or event planning services. Packages with add-ons, such as DJs, photo booths, or other entertainment services, can also increase the overall cost. Check out the typical price ranges in Chicago, based on Tagvenue data from October 2025:

Based on the popularity and user ratings on Tagvenue (updated October 2025), the best options include:

• Private Party Room at Claddagh Ring Pub in Ravenswood - rated 4.9/5
  Our user said: ‘The bar was excellent. It was really one of the only ones I found that was reasonably priced to rent.’

• The Parlour at The Albion at The Albion Manor in Lincoln Park - rated 4.9/5
  Our user said: ‘The staff was incredible - so helpful and friendly. The room is gorgeous- such a great vibe.’

• Bar Room at Port and Park Bistro in Lakeview - rated 4.9/5
  Our user said: ‘The Bar room was very cool and was more than enough space for everyone.’

You'll find cocktail bars 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 Chicago, together with the standard prices in each size range, based on Tagvenue data (October 2025):

Hosting a cocktail party in Chicago offers a wonderful opportunity to get creative with your themes:

• Chicago Jazz Era: Step back in time with a 1920s jazz theme, celebrating Chicago's rich history in the jazz scene. Think flapper dresses, feather boas, and swing music to get everyone dancing.
• Windy City Elegance: Embrace the sophisticated side of Chicago with a sleek, modern theme. Use minimalist decor, a black and white color scheme, and serve contemporary cocktails.
• Sports Fanatic: Decorate with the team colors of the Bears, the Bulls, or the Cubs and serve local beers and stadium-inspired snacks.
• Chicago Blues Night: Dive into the blues music that Chicago is famous for. Create a moody ambiance with blue lighting and soulful music, and serve classic cocktails like whiskey sours.

For even more inspiring party themes, check out our comprehensive list of the 170 Greatest Themes to Rock Every Party.

Outside catering is often allowed at cocktail bars, though policies can vary by venue. For example, the Golden Years Cocktail Bar on West Chicago Avenue allows you to bring in an external caterer for events accommodating around 60-70 people. However, they do not allow you to bring your own alcohol; beverages must be purchased from the bar itself. Remember to check with your chosen venue beforehand to understand their rules regarding food and drink arrangements.

• Compare Prices: Research and compare prices from multiple cocktail bars to find the best deals.
• Off-Peak Bookings: Make your reservations during off-peak times such as weekdays or non-holiday seasons when rates are usually lower.
• Package Deals: Look for bars offering package deals that include food, drinks, and venue rental at a discounted rate.
• Negotiation: Negotiate with the bar management for a better price or added perks.
• Happy Hours: Host your event during happy hours to take advantage of lower drink prices.
• Cash Bar Option: Opt for a cash bar instead of an open bar to reduce costs.
• Smaller Guest List: Limit your guest list to a smaller number to keep expenses down.
• Lesser-Known Venues: Consider newer or less well-known cocktail bars that may offer competitive pricing to attract customers.