The 16 Best Affordable Function Rooms for Rent in Chicago, IL

Q: What are the starting prices for function rooms in Chicago?

Function room rental fees in Chicago start at $25-$50 per hour , depending on the size and location of the space. For per-person rates, you can expect prices to begin at $35 per person . Daily hire fees generally range from $500 to $1,000 , with costs influenced by factors like venue capacity, location, included amenities, and catering options. (All data from Tagvenue.)

Q: How far in advance should I book an affordable function room in Chicago?

To secure your function room, aim to book 2-3 months in advance, particularly for weekends or busy seasons. For smaller gatherings in popular areas, you might find availability closer to the date. Booking early on Tagvenue helps ensure you get the best options at the right price, no matter the size or location of your event.

Entire Venue

100 guests

Claddagh Ring Pub

(23)

Ravenswood, Chicago, IL

#Supervenue

S

Scott F.
“This place was great. There was no cost to booking the party room and the staff and drinks was amazing.”

from $150
hire fee / per hour
Private Party Room

50 guests

Claddagh Ring Pub

(23)

Ravenswood, Chicago, IL

#Supervenue

E

Eugene B.
“The bar was excellent. It was really one of the only ones I found that was reasonably priced to rent.”

from $75
hire fee / per hour
Entire Venue

125 guests

Centre Court Productions

(4)

West Loop, Chicago, IL

A

Audra D.
“The guests had plenty to do in the space. Annabelle was extremely helpful in making the party our own.”

from $350
hire fee / per hour
Gaming Lounge and Bar

100 guests

Midlane Esports

Logan Square, Chicago, IL

Midlane Esports is a Chicago-based eSports venue and gaming lounge that provides high-end gaming computers, tournaments, viewing parties, social gatherings, and a service bar.

from $150
hire fee / per hour
Bar Room

66 guests

Port and Park Bistro

(6)

Lakeview, Chicago, IL

A

Alex H.
“The food was great, the space was cool, and Steve was very friendly and easy to work with.”

from $1000
minimum spend / per session
Versatile Meeting Loft

40 guests

Bright Industrial Loft In West Loop

(9)

Near North Side, Chicago, IL

#Supervenue

C

Christopher D.
“Made the space available an hour after one had finished. Security was waiting on site Space was clean.”

from $80
hire fee / per hour
Main Ball Room

800 guests

Seven Star Venue

Rogers Park, Chicago, IL

The neutral decor provides a perfect backdrop to personalize with your chosen decorations. Additional amenities include a separate bridal suite, green rooms for preparation, and ample on-site parking with valet services.

from $4500
hire fee / per day
Bistro Room

100 guests

Port and Park Bistro

(6)

Lakeview, Chicago, IL

T

Tyler N.
“We really enjoyed the total privacy of the room and entire experience!”

from $200
hire fee / per hour
Avenue J Photography Studio

30 guests

Avenue J Photography Studio

Lower West Side, Chicago, IL

There are dressing rooms to make changing in the space super convenient. We also have option to add on studio lights, tables and chairs, & a tv monitor.

from $110
hire fee / per hour
The Event Hall

136 guests

One East Wacker

(1)

Chicago Loop, IL

Located at the center of everything Chicago, One East Wacker Drive is a trophy asset with a prestigious Wacker Drive address. Designed by Shaw, Metz & Associates in 1962, One East Wacker remains among the citys tallest skyscrapers.

from $500
hire fee / per hour
Meeting Room 1&2

90 guests

Hyatt Place Chicago South

(3)

Hyde Park, Chicago, IL

Our meeting room is 1030 square feet, perfect for a small (75 guests) meeting or social event. We can provide banquet rounds, classroom style or theater style set ups.

from $1000
hire fee / per day
Meeting Room 2

45 guests

Hyatt Place Chicago South

(3)

Hyde Park, Chicago, IL

Hyatt Place's South Chicago event space makes it easy to bring people together for events and meetings. We offer three meeting rooms, the largest space being 1030 square feet.

from $500
hire fee / per day

FAQs about Affordable Function Rooms in Chicago, IL

What are the starting prices for function rooms in Chicago?

Function room rental fees in Chicago start at $25-$50 per hour, depending on the size and location of the space. For per-person rates, you can expect prices to begin at $35 per person. Daily hire fees generally range from $500 to $1,000, with costs influenced by factors like venue capacity, location, included amenities, and catering options. (All data from Tagvenue.)

What are some popular function rooms in Chicago?

The Hyatt Place Chicago South meeting room is a 520-square-foot hotel space suitable for small gatherings and events, accommodating up to 38 guests. For a $500 daily hire fee, it offers flexible seating options, AV equipment, and external catering. Conveniently located on Hyde Park’s 53rd Street, it’s close to dining, shopping, and major attractions like the University of Chicago and Lake Michigan.

Sushi Mura offers a 3647 sq. ft. private function room in a restaurant setting, suitable for events like birthdays, reunions, and corporate gatherings, accommodating up to 60 guests. The space features wood furniture, brick walls, and Japanese decor, with in-house catering available at $35 per person. It’s located in Wrigleyville.

How far in advance should I book an affordable function room in Chicago?

To secure your function room, aim to book 2-3 months in advance, particularly for weekends or busy seasons. For smaller gatherings in popular areas, you might find availability closer to the date. Booking early on Tagvenue helps ensure you get the best options at the right price, no matter the size or location of your event.