Chicago has always been a hub for iconic events, from grand weddings to high-powered corporate conferences. Today, it's the ultimate destination for hotel venues that blend sophistication with convenience. Imagine hosting your event in a luxurious ballroom in the Loop or a sleek, modern conference room Downtown. Hotels here provide versatile spaces, ranging from small to expansive halls, with prices ranging from around $200 to $7,500 per session. Explore our listings to find hotel venues in Chicago that fit any budget and event size.
The cost of hotel venues averages around $250 hire fee per event. 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 Chicago, based on Tagvenue data from November 2025:
| From $200 | to $400 | hire fee per event |
| From $500 | to $750 | hire fee per day |
| From $800 | to $2500 | minimum spend per event |
Based on the popularity and user ratings on Tagvenue (updated November 2025), the best options include:
Meeting Room 2 at Hyatt Place Chicago South
in Hyde Park - rated 5/5
Our user said: ‘I liked everything about the venue.’
Aspire AB at Eurostars Magnificent Mile
in River North - rated 5/5
Our user said: ‘The building is very close to the Mag MIle, food, and the sites of Chicago.’
Chicago River Ballroom at Embassy Suites Chicago Downtown
in Streeterville - rated 4.9/5
Venue said: Located on the ML floor of the hotel, this room can be divisable into seven different breakouts, making it perfect for corporate meetings and socal events.
You'll find hotel venues 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 (November 2025):
| Small | up to 45 guests | prices average $500 hire fee per day |
| Medium | between 50 and 70 guests | prices average $250 hire fee per event |
| Large | over 85 guests | prices average $400 hire fee per event |
These are the venues within 0.8 mi from central Chicago, available to book on Tagvenue:
The Near North Side, particularly around Streeterville and River North, offers luxurious options like the Embassy Suites Chicago Downtown and Eurostars Magnificent Mile, close to the city's top attractions. The Loop is another prime area, home to venues like the Club Quarters Hotel, ideal for business events with easy access to public transportation and cultural landmarks. The Gold Coast, known for its historic charm and upscale environment, has elegant hotel venues perfect for sophisticated gatherings and weddings.
You can rent hotel ballrooms or boutique hotels with private meeting rooms. Options include large conference centers that host hundreds of guests, as seen with venues like Georgios Banquets, to smaller, more specialized spaces catering to business meetings and private events.
Make sure the venue can accommodate your expected number of guests comfortably, with options for seating and standing arrangements as needed. Check for additional amenities like catering, parking, and AV support. Lastly, compare prices, including potential additional costs, to stay within your budget.