A circular neon sign for iO Theater reading 'Chicago's Best Improv Comedy' above a marquee with exposed light bulbs.
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iO Theater

Theatre

#1 of 157 Restaurant venues in Chicago
#40 of 267 Corporate Event venues in Chicago
  15 reviews  â€“ 
1501 North Kingsbury Street, Chicago, IL 60642 –
Near North Side, Chicago, IL
From $1000
min. spend
Up to 300
seats
Up to 400
standing
Venue offers catering
Parking available
Manager's avatar
Shubhra Jain
Your Personal Event Manager from iO Theater
Response rate: 98%
Response time: Within 1 hour
Message host
Partnered with Tagvenue for 3 years

This manager has been a trusted partner of Tagvenue, consistently recognised by customers for their reliability.

Excellent communication - 5/5
9 verified clients rated their communication with the venue manager as 5. They appreciated the manager's professionalism and quick response times.
Message host

Venue overview

This eclectic theater in Chicago’s North Kingsbury neighborhood combines a vibrant improv comedy hub with a spacious, resource-rich event space. It's ideal for large parties, gaming events, or private celebrations that require stages, a dance floor, professional AV capabilities, and flexible setups.

This is an AI-generated summary based on client reviews and venue profile

Spaces for hire at iO Theater

The Clybourn at iO Theater

The Clybourn
Hall
·
Private space
300 seats
400 standing
The Clybourn is a hall in iO Theater that reads as a converted warehouse, its defining quality being an open, industrial interior. Design: The Clybourn displays exposed timber posts, brick walls, visible ductwork and high ceilings that give the room an industrial, utilitarian look. The space has a concrete floor and a row of large industrial windo...
Wi-Fi available
Natural light
Air conditioner
Projector
PA system / music speakers
Play your own music
from $2000 hire fee
Pricing updated by venue 1 week ago
Enquire now
The Fremont at iO Theater

The Fremont
Auditorium / Conference Room
·
Private space
150 seats
210 standing
The room is an industrial, warehouse-style auditorium characterised by exposed steel trusses, dark finishes and an open ceiling. The layout feels compact and focused while general lighting remains low. Room features: The space is arranged to deliver amplified sound and projected visuals, featuring a projector and a PA system with speakers. The roo...
Wi-Fi available
Air conditioner
Projector
PA system / music speakers
Play your own music
from $3000 minimum spend
Pricing updated by venue 1 week ago
Enquire now
First Floor Bar at iO Theater

First Floor Bar
Lounge
·
Shared space
150 seats
200 standing
Step inside and bask in the light and warmth of the interior, which showcases comfy yellow couches and stylish blue accents like a cozy den. With a full-service kitchen and bar, this eclectic space is fully stocked and ready to serve your guests. The bar is the perfect backdrop to any networking event or mixer, cocktail hours, and the perfect spac...
Wi-Fi available
Natural light
Air conditioner
Projector
Flatscreen TV
PA system / music speakers
Conference call facilities
Play your own music
from $1500 minimum spend
Pricing updated by venue 1 week ago
Enquire now
Second Floor Bar at iO Theater

Second Floor Bar
Lounge
·
Semi-private area
20 seats
30 standing
This bar is tucked in a corner for the perfect semi-private space. With low lighting and a bright and exciting furnishings, our freshly renovated bar space might be a perfect match for your next event! The bold blue couches and neon-lime accents add a pop of color that's sure to delight. No matter what type of gathering you have in mind - a cockt...
Wi-Fi available
Air conditioner
PA system / music speakers
from $1000 minimum spend
Pricing updated by venue 1 week ago
Enquire now
Outdoor Patio at iO Theater

Outdoor Patio
Outdoor Space
·
Private space
300 seats
400 standing
Outdoor Patio is a Private outdoor space at iO Theater and an open-air courtyard that provides a contained outdoor room for casual socialising. Design: The space displays exposed brick façades, a concrete paving surface and overhead festoon lighting. The layout uses metal bistro tables, parasols and potted greenery to create an informal, urban cou...
Wi-Fi available
Natural light
Projector
PA system / music speakers
Storage space
Play your own music
from $3000 minimum spend
Pricing updated by venue 1 week ago
Enquire now
River Room at iO Theater

River Room
Function Room
·
Semi-private area
120 seats
200 standing
The River Room is a Function Room in iO Theater, a semi-private area placed alongside the venue's performance spaces and bar. Design: The River Room shows a warehouse-style interior with high ceilings, painted brick and a large patterned feature wall. Wooden dining tables and black chairs sit beneath industrial pendant lighting and tall windows. ...
Wedding licence available
Wi-Fi available
Natural light
Air conditioner
Projector
Flatscreen TV
PA system / music speakers
Conference call facilities
Storage space
Play your own music
from $2000 minimum spend
Pricing updated by venue 1 week ago
Enquire now
The Dayton at iO Theater

The Dayton
Theatre
·
Private space
100 seats
110 standing
The Dayton is a theatre space in iO Theater, a compact black-box performance room defined by close proximity between audience and stage. Design: The Dayton presents a low-slung, warehouse-style black-box interior with an exposed ceiling and a painted stage wall. The room has movable cabaret tables and simple seating arranged on a wooden floor unde...
Wi-Fi available
Air conditioner
Projector
PA system / music speakers
Play your own music
from $1500 minimum spend
Pricing updated by venue 1 week ago
Enquire now
The Weed at iO Theater

The Weed
Theatre
·
Private space
75 seats
The Weed is a Theatre in iO Theater, a compact black-box room defined by a single, uninterrupted sightline to a small framed stage. Design: The room presents an industrial black-box interior with low exposed ceilings, dark painted walls and a wood-effect floor. Coloured stage lighting and a curtained proscenium doorway focus attention on the perfo...
Wi-Fi available
Air conditioner
Projector
PA system / music speakers
Play your own music
from $1500 minimum spend
Pricing updated by venue 1 week ago
Enquire now
The Kingsbury at iO Theater

The Kingsbury
Auditorium / Conference Room
·
Private space
150 seats
160 standing
Are you ready for a night filled with theatrical excitement? Or perhaps you're searching for a venue with a stage for an upcoming workshop or seminar? Look no further, because you've found the perfect solution! Don't miss the opportunity to immerse yourself in the authentic energy of live theater! Book Kingsbury at iO Theater for your next event a...
Wi-Fi available
Air conditioner
Projector
PA system / music speakers
from $2500 minimum spend
Pricing updated by venue 1 week ago
Enquire now
Blue Classroom at iO Theater

Blue Classroom
Training Room
·
Private space
15 seats
25 standing
The room presents a compact, rehearsal-style interior framed by a painted brick wall and smooth plaster walls, an exposed black ceiling and patterned carpet tiles. Room features: The space provides Wi‑Fi and air conditioning, plus a supply of stackable chairs that can be arranged to suit different layouts. Best for: Instructor-led training sessio...
Wi-Fi available
Air conditioner
Flatscreen TV
from $1500 minimum spend
Pricing updated by venue 1 week ago
Enquire now
Yellow Classroom at iO Theater

Yellow Classroom
Training Room
·
Private space
15 seats
20 standing
Are you in need of small classroom space for your next event or workshop? You may have found it! Our newly renovated classroom is the perfect match for your needs. With a fresh coat of yellow paint, new carpets and stylish black-bricked walls, this space has been transformed into a modern and welcoming learning environment. So why wait? Book y...
Wi-Fi available
Air conditioner
from $1500 minimum spend
Pricing updated by venue 1 week ago
Enquire now

Reviews and ratings

4.9
1 new review from verified user within the last 6 months
6 recent guests highly rated amenities, cleanliness, location and service quality
Amenities
4.8
Cleanliness
4.8
Location
5.0
Service quality
5.0
Value for money
4.8
Catering
4.7
Communication
5.0

Verified reviews come from Tagvenue users. All reviews are checked by our team to uphold our trust and safety standards.

CG
Chris G.
Verified review
Restaurant · 42 guests · August 2026 · River Room

Great staff, excellent food and perfect room size for our family anniversary party

No negative feedback

4.4
TP
Thandi P.
Verified review
Party · 350 guests · February 2025 · The Clybourn

Debbie was so accommodating and fantastic to work with. The venue was even more spacious than I expected and plenty of bars to accommodate my guests. Would love to work with them again.

5.0
ML
Melissa L.
Verified review
Party · 200 guests · November 2024 · The Fremont

Out of the numerous large parties I've planned, iO Theater stands out as the most resourceful, flexible, and convenient event venue ever. Maureen, Charlie, and Fritz were super helpful throughout. The catering was so delicious, especially the calamari baskets. They have a free professional sound system, optional raised stage platforms, tables (with table cloths and skirts) and chairs for over 100 guests, a projector with screen, and a long white wall that can be served as a screen for 2 additional projectors! Their event space was perfect for my web/tablet/board gaming party with 130 guests. They have curtains for all the windows to create the desired low light environment. I used the projector they have in the event space but didn't use their dropdown projector screen to save space (I brought my own projector screen sheet and a staff helped me tie its anchors on the conveniently located curtain rods). Their new internet system was not yet set up for the event space but they let me hire my own internet contractor to set up faster wifi (there is one internet port for the space at the time which could let us set up internet access points). They gave us an audio person to help play our soundtrack during the entire event. The long and round tables and chairs were enough for my guests to play board games and eat on. Charlie helped us map out the set up of everything so that on the day their staff have everything ready for us. The location and parking was easy. Everything went extremely smoothly! Highly recommend iO Theater's venue space!

5.0
DM
Deborah M.
Verified review
Party · 255 guests · August 2024 · The Clybourn

Maureen and Charlie were great to work with! The space was perfect for our event, and everything went beautifully.

5.0

Prices and opening hours

Sunday
7:00 am – 3:00 am
from $1000 min. spend
The Clybourn
7:00 am – 2:00 am
from $2000 hire fee
First Floor Bar
6:00 pm – 10:00 pm
from $1500 min. spend
Second Floor Bar
6:00 pm – 3:00 am
from $1000 min. spend
Blue Classroom
6:00 pm – 2:00 am
from $1500 min. spend
Yellow Classroom
6:00 pm – 2:00 am
from $1500 min. spend
The Weed
6:00 pm – 2:00 am
from $1500 min. spend
The Dayton
6:00 pm – 2:00 am
from $1500 min. spend
The Fremont
5:00 pm – 10:00 pm
from $3500 min. spend
The Kingsbury
6:00 pm – 2:00 am
from $2500 min. spend
River Room
8:00 am – 5:00 pm
from $2000 min. spend
Outdoor Patio
1:00 pm – 5:00 pm
from $1000 hire fee + min. spend
Monday
7:00 am – 2:00 am
from $1500 min. spend
The Clybourn
7:00 am – 2:00 am
from $2000 hire fee
Blue Classroom
6:00 pm – 2:00 am
from $1500 min. spend
Yellow Classroom
6:00 pm – 2:00 am
from $1500 min. spend
The Weed
6:00 pm – 2:00 am
from $1500 min. spend
The Dayton
6:00 pm – 2:00 am
from $1500 min. spend
The Fremont
5:00 pm – 10:00 pm
from $3500 min. spend
The Kingsbury
6:00 pm – 2:00 am
from $2500 min. spend
River Room
8:00 am – 5:00 pm
from $2000 min. spend
Tuesday
7:00 am – 2:00 am
from $1500 min. spend
The Clybourn
7:00 am – 2:00 am
from $2000 hire fee
Blue Classroom
6:00 pm – 2:00 am
from $1500 min. spend
Yellow Classroom
6:00 pm – 2:00 am
from $1500 min. spend
The Weed
6:00 pm – 2:00 am
from $1500 min. spend
The Dayton
6:00 pm – 2:00 am
from $1500 min. spend
The Fremont
5:00 pm – 10:00 pm
from $3500 min. spend
The Kingsbury
6:00 pm – 2:00 am
from $2500 min. spend
River Room
8:00 am – 5:00 pm
from $2000 min. spend
Wednesday
7:00 am – 3:00 am
from $1000 min. spend
The Clybourn
7:00 am – 2:00 am
from $2000 hire fee
First Floor Bar
6:00 pm – 10:00 pm
from $1500 min. spend
Second Floor Bar
6:00 pm – 3:00 am
from $1000 min. spend
Blue Classroom
6:00 pm – 2:00 am
from $1500 min. spend
Yellow Classroom
6:00 pm – 2:00 am
from $1500 min. spend
The Weed
6:00 pm – 2:00 am
from $1500 min. spend
The Dayton
6:00 pm – 2:00 am
from $1500 min. spend
The Fremont
5:00 pm – 10:00 pm
from $3500 min. spend
The Kingsbury
6:00 pm – 2:00 am
from $2500 min. spend
River Room
8:00 am – 5:00 pm
from $2000 min. spend
Thursday
7:00 am – 3:00 am
from $1000 min. spend
The Clybourn
7:00 am – 2:00 am
from $2000 hire fee
First Floor Bar
6:00 pm – 10:00 pm
from $1500 min. spend
Second Floor Bar
6:00 pm – 3:00 am
from $1000 min. spend
Blue Classroom
6:00 pm – 2:00 am
from $1500 min. spend
Yellow Classroom
6:00 pm – 2:00 am
from $1500 min. spend
The Weed
6:00 pm – 2:00 am
from $1500 min. spend
The Dayton
6:00 pm – 2:00 am
from $1500 min. spend
The Fremont
5:00 pm – 10:00 pm
from $3500 min. spend
The Kingsbury
6:00 pm – 3:00 am
from $4000 min. spend
River Room
5:00 pm – 10:00 pm
from $2500 min. spend
Friday
7:00 am – 3:00 am
from $1000 min. spend
The Clybourn
7:00 am – 2:00 am
from $2500 min. spend
First Floor Bar
6:00 pm – 10:00 pm
from $1500 min. spend
Second Floor Bar
6:00 pm – 3:00 am
from $1000 min. spend
Blue Classroom
6:00 pm – 2:00 am
from $1500 min. spend
Yellow Classroom
6:00 pm – 2:00 am
from $1500 min. spend
The Weed
6:00 pm – 2:00 am
from $1500 min. spend
The Dayton
6:00 pm – 2:00 am
from $1500 min. spend
The Fremont
5:00 pm – 10:00 pm
from $3500 min. spend
The Kingsbury
6:00 pm – 3:00 am
from $4000 min. spend
River Room
5:00 pm – 10:00 pm
from $2500 min. spend
Outdoor Patio
4:00 pm – 7:30 pm
from $1500 hire fee + min. spend
Saturday
7:00 am – 3:00 am
from $1000 min. spend
The Clybourn
7:00 am – 2:00 am
from $2500 min. spend
First Floor Bar
6:00 pm – 10:00 pm
from $1500 min. spend
Second Floor Bar
6:00 pm – 3:00 am
from $1000 min. spend
Blue Classroom
6:00 pm – 3:00 am
from $1500 min. spend
Yellow Classroom
6:00 pm – 3:00 am
from $1500 min. spend
The Weed
6:00 pm – 3:00 am
from $1500 min. spend
The Dayton
6:00 pm – 3:00 am
from $1500 min. spend
The Fremont
5:00 pm – 10:00 pm
from $3000 min. spend
The Kingsbury
6:00 pm – 3:00 am
from $4000 min. spend
River Room
5:00 pm – 10:00 pm
from $2500 min. spend
Outdoor Patio
4:00 pm – 7:30 pm
from $1500 hire fee + min. spend
Pricing updated by venue 1 week ago
Pricing rated as accurate by 1 verified user

Best Price guarantee: you will always pay the same price as booking directly with the venue, and we never add hidden or processing fees.

Facilities and catering options

Up to 400
standing
Up to 300
seats
In-house catering
External catering allowed
Parking available
Promoted / ticketed events
Alcohol provided
Unavailable: Accommodation available
Unavailable: BYO alcohol

About iO Theater

iO Theater is a Trusted Tagvenue Partner, validated by the Tagvenue team with a record of successful bookings on the platform.

Since 1981, The iO Theater has been the foundational institution dedicated to the development of long-form improvisational theater; we’ve helped launch the careers of countless comedians and actors like Tina Fey, Amy Poehler, Mike Meyers, and Jason Sudeikis (just to name a few).

Take advantage of our state-of-the-art theaters and sound systems, our multiple classrooms and breakout spaces, and our in-house kitchen and bar to make an easy full day of fun. We’ll take care of everything – a custom team-building workshop, dinner, and evening of laughter from the best improvisers in Chicago, you just bring your team.

Now, iO's creative spaces can become a background for your events, big or small!

FAQ

No, the venue provides the bar and bartenders.

Yes. The Clybourn space is located upstairs, and there is an elevator serving the second floor, making it accessible for both vendors and shoppers.

Yes, a projector is available.

An outdoor patio rental includes two bartenders who serve from the patio's dedicated bar.

Cancellations 60 days in advance will receive a full refund.

Cancellations 60 days to 30 days in advance will receive a 50% refund.

Cancellations for events starting within 30 days are non-refundable.

At iO Theater, the following catering options are available:

  • In-house catering service is available
  • The venue works with an approved list of external caterers

  • Free on-street parking is available
  • Paid parking facilities are available nearby

Here are some event spends from guests who recently held events at iO Theater:

  • The Clybourn hosting 350 guests: $5000
  • The Fremont hosting 150 guests: $4000
  • Second Floor Bar hosting 30 guests: $200
  • River Room hosting 42 guests: $2614.40

For detailed pricing tailored to your event, please contact the venue.

iO Theater is located at 1501 North Kingsbury Street, in Near North Side, Chicago, IL.

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75
90
Hyatt Place Chicago South
(5)
Hyde Park, Chicago, IL
Event Space
from $2900
minimum spend / per session
Event Venue
Whole venue
120
150
Hangout Lighting
(16)
West Town, Chicago, IL
The Parlour at The Albion
from $3000
minimum spend / per session
Pub
Private space
60
75
The Albion Manor
(29)
Lincoln Park, Chicago, IL
Gallery
from $1500
minimum spend / per session
Sports Club
Private space
200
200
Seven Bridges Golf Club
(1)
Woodridge, IL

Explore other spaces in the area

1501 North Kingsbury Street, Chicago, IL 60642
Public transportation
Parking
Hotels
Public transportation
  • Subway North/Clybourn 0.2 mi
  • Subway Sedgwick 0.7 mi
  • Subway Armitage 0.7 mi
  • Bus North Ave & Clybourn/Halsted (Red Line) 0.2 mi
  • Bus Armitage Station (Brown Line) 0.7 mi
  • Train Clybourn 1 mi
Parking
  • Parking Prefer Valet Parking Service - 1440 N Kingsbury St #221, Chicago 0.1 mi
  • Parking 1547 N Kingsbury Street - Parking lot, Chicago 0.1 mi
Hotels
  • Real Greece Travel 0.2 mi
  • Magic Factory Lofts 0.2 mi
  • Lincol 0.2 mi

iO Theater is popular for

Party Holiday Party Birthday Party Private Dining Bar Outdoor Space Restaurant Corporate Event Engagement Party Meeting Filming Location Unique Photo Studio Creative Space Wedding Conference Performance Rehearsal Studio Hall Recording Studio Function Room

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