Planning on hosting a party in Downtown Chicago? Well you’ve come to the right place. Find some of the best party spaces from unique bars to fancy restaurants to grand halls for your next party. No matter what you are looking for, Downtown Chicago has a little bit of everything for everyone. Here at Tagvenue, we have curated a comprehensive list of some of the best party venues that the windy city has to offer. Browse and book with us today and get ready to celebrate!
Booking costs of party venues average $250 hire fee per hour. 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 Downtown Chicago, based on Tagvenue data from March 2026:
| From $150 | to $500 | hire fee per hour |
| From $1000 | to $5500 | minimum spend per event |
| From $35 | to $95 | per person |
Based on the popularity and user ratings on Tagvenue (updated March 2026), the best options include:
Top Deck at Howl at the Moon, Chicago
in River North - rated 5/5
Our user said: ‘The staff was also very on point with quick service delivering drinks, bringing out food, etc.’
Whole Venue at The Tavern Club at 333
in Chicago Loop - rated 5/5
Venue said: Located inside a national historic landmark, 333 North Michigan Avenue, the Tavern Club at 333 provides the perfect setting for private functions. Host a business meeting with an unprecedented view of downtown Chicago, a...
Aspire B at Eurostars Magnificent Mile
in River North - rated 5/5
Venue said: By dividing the Aspire room, we get the perfect room for smaller events. The maximum capacity of Aspire B is up to 50 people. Contact us for more details.
You'll find party 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 Downtown Chicago, together with the standard prices in each size range, based on Tagvenue data (March 2026):
| Small | up to 40 guests | prices average $145 hire fee per hour |
| Medium | between 50 and 90 guests | prices average $250 hire fee per hour |
| Large | over 110 guests | prices average $4000 minimum spend per event |
You will be impressed with the variety of space you will find right here in Downtown Chicago. Among the most popular places for birthdays and smaller gatherings are bars and restaurants, where plenty can be found in River North. Clubs are another popular option for larger parties and gatherings with Gold Coast hosting some amazing party spaces for large bashes and corporate events.
Page last updated in March 2026
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