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    Chicago, IL Wedding Venues for Sale

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    West Chicago, IL Cicero, IL Oak Park, IL David City, NE Berwyn, IL River Forest, IL Forest Park, IL Evanston, IL
    9 properties
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    Renovated Wedding Venue
    Updated: Aug 11
    Renovated Wedding Venue

    5319 W Belmont Avenue, Chicago, IL 60641

    $999,000
    5,300 sqft
    5,300‑square‑foot wedding venue at 5319 W Belmont Avenue, Chicago, IL 60641
    Extensive renovation with new HVAC units, flat roof, electrical, and plumbing systems
    Commercial kitchen includes walk‑in cooler, walk‑in freezer, stove, grill, deep fryer, and exhaust fan
    25 tables and approximately 130 chairs included
    Five private parking spaces at the rear, with public parking directly in front
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    This listing looks promising.

    Here's a quick look at some key insights for

    5319 W Belmont Avenue, Chicago, IL 60641

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    • Est. Cap Rate

      3.3%
      NOI ÷ price

    • Est. NOI

      $33K
      Annual

    • Price @ 7% Cap

      $475K
      Suggested

    • Last Sold

      Apr 2023
      $270K

    • Property Type

      Retail Stores
      Built 1925
    View Property Analytics
    Turnkey Event and Restaurant Venue
    Updated: May 18
    Turnkey Event and Restaurant Venue

    2701 W 87th Street, Evergreen Park, IL 60805

    $599,900
    0.22 AC lot
    Commercial retail/restaurant/event venue with capacity for up to 160 guests
    Central air cooling
    Valid liquor license included
    Completed comprehensive rehab with necessary permits and passed local inspections
    New asphalt, striped parking lot plus basement storage for event supplies and equipment
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    Corner Banquet Hall Property
    Corner Banquet Hall Property

    2759 N Oak Park Avenue, Chicago, IL 60707

    $749,000
    0.25 AC lot

    Banquet hall property with central air, redevelopment potential, and access to public transportation.

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    Mixed-Use Property with Banquet Hall
    Mixed-Use Property with Banquet Hall

    6155 W FULLERTON Avenue, Chicago, IL 60639

    $1,249,500
    0.20 AC lot

    Remodeled commercial building combines an event facility with two second-floor apartments and included operating equipment.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Remodeled Mixed-Use Banquet Property
    Remodeled Mixed-Use Banquet Property

    6155 W FULLERTON Avenue, Chicago, IL 60639

    $1,249,500
    0.20 AC lot

    Remodeled banquet facility with two second-floor apartments and included operating equipment.

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    Conventional Restaurant With Banquet Hall
    Conventional Restaurant With Banquet Hall

    6501 W IRVING PARK Road, Chicago, IL 60634

    $3,700,000
    25,000 sqft

    Restaurant and banquet facilities accommodate a stated capacity of 700 guests.

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    Lincoln Park Commercial Space Opportunity
    Lincoln Park Commercial Space Opportunity

    1925 N Halsted Street, Chicago, IL 60614

    $4,400,000

    Modern commercial space in vibrant Armitage-Halsted District, Chicago.

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    Wedding Venue Property
    Wedding Venue Property

    2701 W 87th Street, Evergreen Park, IL 60805

    $599,900

    For-sale wedding venue located at 2701 W 87th Street in Evergreen Park.

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    Historic Chicago Landmark Event Venue
    Historic Chicago Landmark Event Venue

    201 S Ashland Avenue, Chicago, IL 60607

    $9,995,000

    Renovated landmark building in Chicago, ideal for diverse events.

    View details
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 9 Active listings in Chicago, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turn-Key Banquet Event Venue
    Turn-Key Banquet Event Venue

    8200 S Cicero Avenue, Burbank, IL 60459

    $2,100,000
    16,400 sqft 2.00 AC lot

    Well-maintained banquet venue with two banquet rooms, separate bars, and parking for more than 100 cars.

    View details
    Renovated Restaurant with Event Patio
    Renovated Restaurant with Event Patio

    840 S Broad Street, Griffith, IN 46319

    $999,970
    5,564 sqft 1.60 AC lot

    Restaurant and private-event venue with updated building systems and outdoor gathering space.

    View details
    Wedding & Banquet Venue with Parking
    Wedding & Banquet Venue with Parking

    8200 S Cicero Avenue, Burbank, IL 60459

    $2,100,000
    2.00 AC lot

    Turn-key banquet venue with two rooms, separate bars, bakery, and on-site parking for 100+ vehicles.

    View details
    Turnkey Restaurant & Event Venue
    Turnkey Restaurant & Event Venue

    840 S Broad St, Griffith, IN 46319

    $999,970
    1.60 AC lot

    Fully renovated restaurant with event-ready patio in prime location.

    View details

    Chicago, IL Wedding Venues Market Trends and Statistics

    Explore 9 wedding venues for sale in Chicago, IL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 30,300 square feet of properties for sale, with an estimated market value of $23,541,800.

    Sale prices for event centers in Chicago, IL start at $599,900, averaging $2,615,755, and reaching up to $9,995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Churches & religious facilities 45
    NNN properties 45
    Day care centers 34
    Schools 20
    Wedding venues 12

    Demographics Overview

    Population 2.91M
    Population Growth (5Y) +0.6%
    Median Household Income $76,477
    College Educated 44.3%

    High-Yield Neighborhoods for Investment

    Identify Chicago submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Elmwood Park $749K
    Chicago $5.2M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Chicago fall within the 10,000+ square foot range.

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    Most Searched ZIP Codes in Chicago, IL

    • 60639
    • 60707
    • 60805
    • 60607
    • 60614
    • 60641

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