Find Affordable Party venues for rent in Chicago, IL

About Chicago, IL

Chicago, IL, located on the shores of Lake Michigan in the Midwest region of the United States, is known for its skyscrapers, architecture, museums, sports teams, and deep-dish pizza. Dubbed “The Windy City,” it experiences all four seasons marked by a humid continental climate.

Chicago serves as the headquarters of several major corporations, including McDonald’s and Motorola Solutions. “Urbs in Horto” refers to Chi-Town as a city in a garden, which directly references the impressive park systems within the metropolis. It also reflects one of the reasons why “The Second City” is second to none when it comes to providing a setting for various occasions.

From birthday parties to corporate events, there's an event space to suit every need. Lush parks and gardens, chic lofts, or outdoor patios, get the planning process going by exploring some affordable Chicago event venues for your next party here.

Affordable Party Options in Chicago, IL

Music
Organizing an affordable party doesn’t mean skimping on the important aspects. Music is an integral part of putting together a successful private party, and Chi-Town provides suitable choices. From live bands and DJs to instrumentalists and soloists, a professional performer is ready to entertain your guests.

Catering Services
Food and drinks often take a chunk of the event planning budget, but this doesn’t have to be the case. Chicago’s caterers provide custom services that account for a client’s tastes, preferences, and budget. Plus, these caterers can adapt to any event venue's features.

Balloons
Whether yours is a graduation, engagement, or birthday party, balloons are a lovely addition to your event space. From balloon numbers to arches and columns, the city’s event decorators can create wonderful backdrops for the occasion.

Party Supplies
Chicago’s party supplies stores carry a wide selection of appropriate event decorations and game supplies. From pennant strings and streamers to paper lanterns and party hats, these businesses have catalogs of themed items that should help you accessorize your gorgeous downtown apartment features or other private event spaces.

Affordable Party Vendors in Chicago, IL

Northside Brass Music Co.
Northside Brass Music Co. is the perfect entertainment choice for your next event. They provide various ensembles for different occasions, from solo instrumentalists for intimate weddings to full brass bands for corporate events. The live music company guarantees to get your guests up and dancing — or to provide a calming backdrop for a more relaxed event. Established in 2011, they quickly became the go-to choice for musical entertainment in the greater Chicago area.

Goddess and Grocer
Goddess and Grocer is a catering company that delivers everything from soups and sandwiches to beautiful cupcakes, salad bars, desserts, local artisanal products, and an extensive selection of wine and beer. They also offer a menu option that includes cured meats, cheese, chocolate, crackers, and other treats. Whether a private party or a family gathering in an event venue, they provide fantastic food for all intimate affairs.

Simply Balloons
From simple bouquets to extravagant sculptures, the team at Simply Balloons is sure to make your next event unforgettable. They supply a range of balloon decorations, including arches, columns, sculptures, centerpieces, and bouquets. Located in the Northwest Chicago suburbs, Simply Balloons is undoubtedly your one-stop shop for all your balloon needs.

Pros and Cons of Affordable Parties in Chicago, IL

If you're trying to stay within budget but still want to host a memorable occasion, then an affordable party in Chicago is the way to go. It all comes down to settling for the best party venue in Chicago, and here are a few considerations to have in mind.

Advantages

The array and variety of event venues in Chicago, IL, provide options that fit your budget and showcase your individual style.

Everyone always says the best things about the food in Chicago, and your guests will also share the same sentiments with a local caterer preparing your private event menu.

The Chicago O'Hare International Airport provides excellent services, offering access to national and international destinations and facilitating travel for out-of-town guests.

Getting around Chi-Town is a breeze, thanks to the reliable public transit system.

Disadvantages

When temperatures drop below zero, you and your guests will be best served by an event space that is winter-proofed and accessible.

Chicago traffic is an attraction in itself, but it can be quite frustrating when scheduling private events and getting where you need to be on time.

Finding a spot to park your vehicle is yet another major challenge in The Windy City, and it is best to settle for an affordable party venue with ample parking.

Tips on How to Organize Affordable Parties in Chicago, IL

Anyone who's ever been to a Chicago party knows they can be pretty pricey. But just because you're on a budget doesn't mean you have to miss out on all the fun. Here are some tips on how to throw an affordable party in the Windy City:

Location, location, location: If you want to save money on your party, choosing a versatile event space that won't break the bank is crucial. Options like apartments, community spaces, and even parks can be much cheaper than renting a bar or club.

BYOB: One of the most significant expenses at any party is alcohol. Having your guests bring their booze can save a lot of money. Just make sure you have enough mixers and ice on hand.

Keep it small: The more people you invite, the more expensive your party will be. So, instead of extending an invitation to everyone you know, make it a friend and family-only affair. You'll have more fun and save money in the process.

Potluck: Asking your guests to bring food is a great way to keep costs down while providing plenty of snacks and refreshments for everyone. Make sure you coordinate ahead of time so you don't end up with ten pans of lasagna and no salad or vice versa. For a more structured approach, consider using a banquet hall where everyone can contribute to the menu.

DIY decorations: Store-bought decorations can be expensive, but making your own is easy and fun! Get creative with streamers, balloons, and whatever else you have at hand.

Famous Locations in Chicago, IL

Palmolive Building
The Palmolive Building is a 37-story Art Deco structure completed in 1929 by Holabird & Root. It originally served as the headquarters for Colgate-Palmolive-Peet, and it is now notable for its pyramidal top (which is illuminated at night) and its terra cotta facade. It was one of the first buildings in Chicago to be constructed with a steel frame, and the Palais de la Légion d'Honneur in Paris inspired its design. Today, the Palmolive Building is home to luxury condominiums, and its prime Chicago location offers stunning views of Lake Michigan and the city skyline.

Polish Museum of America
The Polish Museum of America is a lovely location to visit, for anyone interested in history. Located in the heart of the city's first Polish neighborhood, it is the perfect place to start your exploration of Polish Chicago. The entire space of the museum is dedicated to preserving Polish heritage. Its collection includes historical and contemporary Polish art and a wide range of artifacts from the Central European nation. The Museum hosts a variety of events and educational programs throughout the year.

Pui Tak Building
Designed in 1928 by Christian S. Michaelsen, the Pui Tak Center is a historic building in Chicago's Chinatown community. The building served as office space, living quarters, and a gathering place for On Leong merchants and their loved ones. The late great painter Chang Dai-Chien resided on the top floor of this building at one point in his life. Even though the association he was a part of is no longer located here, it remains an essential staple in Chicago's Chinatown community and houses numerous businesses and organizations. Standing eighteen stories tall, the $1.5 million building was completed in 1923, making it the tallest Chinatown structure located in North America.