Booking costs of party venues average $150 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 Chicagoland, based on Tagvenue data:
| From $100 | to $250 | hire fee per hour |
| From $850 | to $3000 | minimum spend per event |
| From $32 | to $55 | per person |
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 Chicagoland, together with the standard prices in each size range, based on Tagvenue data (September 2026):
| Small | up to 60 guests | prices average $100 hire fee per hour |
| Medium | between 80 and 120 guests | prices average $175 hire fee per hour |
| Large | over 135 guests | prices average $2500 minimum spend per event |
Based on Tagvenue data (as of September 2026), users looking for party venues most commonly go for these venue types:
| Event Venue | prices average $150 hire fee per hour | typically between 70 and 125 guests |
| Restaurant | prices average $1000 minimum spend per event | typically between 65 and 180 guests |
| Bar | prices average $1500 minimum spend per event | typically between 50 and 220 guests |
| Dining Room | prices average $815 minimum spend per event | typically between 80 and 100 guests |
| Loft | prices average $150 hire fee per hour | typically between 60 and 70 guests |
Smaller party venues usually fit up to 60 guests standing. Here are some great options in Chicagoland, based on Tagvenue data as of September 2026:
Event Space at Nomad Chicago, rated 5/5 - event space for 44 guests
Our user said: ‘Jelena was a pleasure to work with as well. I would definitely book this venue again!’
Event Area at Gallery Loft In the Heart of Fulton Market, rated 4.8/5 - gallery for 35 guests
Our user said: ‘The place is beautifully decorated and the art pieces displayed were incredible.’
Artesian Space at Artesian Loft, rated 4.7/5 - loft for 60 guests
Our user said: ‘He was willing to let me adjust the time several times which was very helpful.’
Cheap party venues in Chicagoland start from $75 hire fee per hour or $250 hire fee per day. Check out these budget-friendly spaces you can book through Tagvenue, as of September 2026:
Spacious Loft at Lofty Wicker Park, from $75 hire fee per hour
(up to 60 guests standing)
Our user said: ‘This was an excellent space for a birthday party!’
The Event Space at Uptown Taproom, from $250 hire fee per day
(up to 50 guests standing)
Our user said: ‘Very affordable, friendly staff, and our guests loved the food. We would use the venue again!’
Aspire B at Eurostars Magnificent Mile, from $500 hire fee per event
(up to 50 guests standing)
Venue said: The hotel’s large multi-purpose rooms are perfectly suited to the business world, offering a wide range of services, as well as an intimate and discrete setting.
Page last updated in September 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.