What types of wedding venues can you purchase?

There are several types of properties that can be wedding venues that you could buy, including: - Country Club - Castle or Manor House - Small exclusive Hotel with ballroom and restaurant facilities - Boutique hotel with wedding facilities - Private Mansion House - Exclusive vacation resort or retreat - Historic site - Anything in between Typically, zoning regulations and capacity limits may limit the number of people on property, so make sure to check with your local broker to get more information.

Chicago Wedding Venues For Sale

Commercial Real Estate in Chicago available for sale

Wedding Venues for Sale in Chicago, IL, USA

3935 S Kedzie Ave

Chicago, IL 60632

Wedding Venue
Retail for Sale
$326,752 CAD
3,165 SF

Chicago Retail for Sale - South Chicago

**PRE-FORECLOSURE OPPORTUNITY - RECEIVER APPOINTED - CASH OFFERS PREFERRED** Mixed-use investment opportunity located at 3935 S. Kedzie Ave., Chicago, IL. This property is currently in pre-foreclosure, with a court-appointed receiver managing the asset, and ownership is seeking a prompt sale. The building features a spacious banquet hall/event venue on the main level, offering significant potential for event operations, community gatherings, entertainment uses, or redevelopment opportunities. The first floor includes a kitchen area and two bathrooms to accommodate guests and event attendees. The second level consists of seven fully occupied SRO (Single Room Occupancy) units, along with a shared kitchen and two additional bathrooms and the tenants will be moving before the sale. The basement offers substantial storage space and utility areas, while the rear of the property includes a garage and additional parking spaces. The property is being sold as-is and currently has municipal/building violations that will be the responsibility of the buyer to investigate and address after closing. Buyers are encouraged to perform their own due diligence regarding the property's condition, zoning, code compliance, and any outstanding requirements. Located on a prominent corner lot in Chicago's Brighton Park area, this property presents numerous possibilities for investors, owner-operators, and developers seeking a value-add asset with income-producing components. Receiver-appointed sale. Cash offers strongly preferred. Property is being marketed for a quick sale and is best suited for investors, developers, or experienced operators seeking a redevelopment or repositioning opportunity. Don't miss this opportunity to acquire a unique mixed-use property with existing residential income, event space potential, and strong upside in a desirable Chicago location.

Contact:

Midwest Investment Advisors

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-06-02

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7665-7667 N Milwaukee Ave

Niles, IL 60714

Wedding Venue
Retail for Sale
$1,582,615 CAD
5,929 SF

Air Conditioning
24 Hour Access

Niles Retail for Sale - Near North

Prime Investment Opportunity | 6% CAP Rate | Fully Leased Retail Property in Niles Exceptional opportunity to acquire a fully leased, two-unit masonry retail building in a high-visibility, high-traffic location in Niles. Positioned prominently at the corner of Milwaukee Ave and Jonquil Terrace, this property offers strong in-place income and long-term upside. Property Highlights: • 6% CAP Rate with stable, long-term tenants • 6,000+ sq ft building on a 10,564 sq ft lot • Zoned C-3 (Commercial) – ideal for a variety of uses • Two retail units: o Unit 1: approx. 3,029 sq ft o Unit 2: approx. 2,280 sq ft • Both units are fully leased with long-term lease agreements Visibility & Location: • 123.20 ft of frontage on Milwaukee Ave • Approx. 26,200 vehicles per day (VPD) for maximum exposure • Located just north of Howard & Milwaukee intersection • Easy access to major expressways, public transportation, and retail corridors Building Features: • 12–14 ft ceilings for flexible retail layouts • Well-maintained property with strong curb appeal • ADA-compliant restrooms (men’s & women’s) • Ample signage opportunities • 200-amp electrical service • Private parking lot for ~30 vehicles plus additional street parking • Professionally landscaped exterior Future Potential: • Excellent retail build-out already in place • Potential for mixed-use or redevelopment • Possible TIF incentives available through the Village of Niles Nearby Businesses: Situated among established retailers and destinations including Kouklas Ristorante, Taco Bell, Baskin Robbins, and Lone Tree Manor Banquet Hall. Additional Details: • 3 PINs: 09252110010000, 09252110020000, 09252110030000 • Please do not disturb tenants • Showings by appointment only – contact Mayur Trivedi: 847-692-2268 For security and verification purposes, online meetings are scheduled only after a proper introduction and exchange of valid contact information.

Contact:

ERA Real Estate Partners

Property Subtype:

Freestanding

Date on Market:

2026-04-28

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5319 W Belmont Ave

Chicago, IL 60641

Wedding Venue
Retail for Sale
$1,419,239 CAD
5,300 SF

Air Conditioning
Restaurant

Chicago Retail for Sale - Northwest City

This premium investment opportunity presents a turnkey banquet hall and established business, including the underlying real estate. Spanning 5,300 square feet, the property has undergone an extensive renovation down to the studs to offer a refined, modern aesthetic throughout. The building infrastructure is entirely updated with all-new HVAC units, a brand-new flat roof, and upgraded electrical and plumbing systems. Designed for maximum versatility, the space is a staple for private parties and community events alike. The intelligent layout can be divided to accommodate two separate parties simultaneously, with both the front and rear sections of the venue featuring their own private wet bars. Guests will appreciate the contemporary styling, five flat-screen televisions, and elegantly designed facilities, including a dedicated employee bathroom, a four-stall women's restroom, and a two-stall men's restroom with all-new fixtures. While the venue is currently a sought-after destination for weekend rentals, significant upside potential exists to maximize profit. A new owner could expand operations by booking weekday events or utilizing the high-capacity commercial kitchen as a restaurant or "ghost kitchen" during non-event hours. The kitchen is fully prepared for high-volume operations, featuring a walk-in cooler, walk-in freezer, commercial stove, grill, deep fryer, and exhaust fan. Additional assets include a heating table, dishwasher, and a complete inventory of china, tableware, and server ware. The venue is move-in ready with 25 tables and approximately 130 chairs. Conveniently located, the property offers five private parking spaces at the rear with an abundance of public parking directly in front. With ongoing bookings already on the calendar, this is an exceptional chance to acquire a fully modernized facility designed for immediate and scalable success.

Contact:

ChicagoLand Brokers Inc

Date on Market:

2026-03-02

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8200 S Cicero Ave

Burbank, IL 60459

Wedding Venue
Specialty for Sale
$2,983,386 CAD
17,000 SF

Burbank Specialty for Sale - Near South Cook

An established and highly regarded banquet and wedding venue, Martinique Banquets has been a premier destination for weddings, banquets, and special events on Chicago’s southwest side for many years. This beautifully maintained facility offers everything needed to host unforgettable events in a turnkey, revenue-generating operation. The proper ty features two elegant banquet rooms, on-site bakery (yes, they can even make your wedding cake!), and modern, fully equipped kitchen facilities. Spanning approximately 17,000 square feet , the building sits on a generous lot with ample parking and includes a lovely outdoor wedding garden—perfect for photos and ceremonies. The building is fully sprinklered and well-maintained throughout . Both the real estate and business—including all fixtures, furnishings, and equipment—are being sold together , offering an exceptional opportunity to acquire a successful, long-established venue with strong cash flow and a loyal clientele.

Contact:

RE/MAX 10 Commercial

Property Subtype:

Lodge/Meeting Hall

Date on Market:

2025-12-16

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More details for 17 E Monroe St, Chicago, IL - Hospitality for Sale

Palmer House a Hilton Hotel - 17 E Monroe St

Chicago, IL 60603

Wedding Venue
Hospitality for Sale
Price Upon Request
1,800,000 SF

Fitness Center
Pool
Restaurant

Chicago Hospitality for Sale - East Loop

This is a rare opportunity to acquire retail space in Chicago’s highly coveted State Street Corridor, situated at 17 East Monroe Drive within the city’s Central Business District. This premier location offers unmatched visibility and immediate access to Chicago’s vibrant mix of retail, entertainment, cultural, and hospitality amenities. Positioned near world-renowned destinations such as Millennium Park and Grant Park, and only steps away from the Lake Michigan lakefront, the property benefits from the draw of millions of visitors annually, along with a robust local resident and office population. The surrounding area is a dense, walkable environment anchored by iconic attractions, top-tier dining, shopping, and cultural venues. With exceptional connectivity to CTA lines, commuter rail, buses, and major regional road networks, the property ensures consistent accessibility for both locals and tourists. Given the scarcity of redevelopment opportunities in this core downtown market, the asset is poised to deliver significant long-term value for investors seeking a presence in one of Chicago’s highest-demand retail destinations.

Contact:

Friedman Real Estate

Property Subtype:

Hotel

Date on Market:

2026-07-01

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Wedding Venues For Sale

Wedding Venues

What is a wedding venue?

A wedding venue is typically a large building, or sometimes an open-air site, that is available for weddings and wedding receptions. These venues are typically all in one solution for your wedding with a large ballroom or banquet hall. Often the entire property is yours to use for your wedding.

Weddings continue in popularity around the world and there is a growing market for venues that can provide you with a complete service from ceremony to dinner to dancing all under one roof.

What types of wedding venues can purchase?

There are several types of properties that can be wedding venues that you could buy, including:

- Country Club
- Castle or Manor House
- Small exclusive Hotel with ballroom and restaurant facilities
- Boutique hotel with wedding facilities
- Private Mansion House
- Exclusive vacation resort or retreat
- Historic site
- Anything in between

Typically, zoning regulations and capacity limits may limit the number of people on property, so make sure to check with your local broker to get more information.

What is the difference between a wedding venue and a banquet hall?

A banquet hall is typically a large space for holding catered events, like weddings or conventions. A wedding venue on the other hand, is not just a big room capable of seating lots of people. Wedding venues are typically complete packages with all the amenities you need for a wedding. Wedding venues also specialize in just weddings so they have the expertise to provide everything a wedding needs.

What should be considered when purchasing a wedding venue?

Location: Ensure that there is proper demand for the area and that the actual location is accessible during as much time of the year as possible.

Capacity: Be sure that your venue will accommodate the number of guests you plan to be able to handle.

Amenities: Ensure that the venue has all the amenities you are looking for. This includes space for a dance floor, proper commercial kitchen, grounds for outdoor portions of the wedding, and accommodations for the bridal party.

Facilities: Carefully consider what types of event can be hosted at your proposed location. Focusing on just weddings is a specific business decision, but having flexibility in your facilities may allow for additional revenue during less popular times of the year.

What other considerations are there when purchasing a wedding venue?

Insurance, taxes, and cost of utilities are other factors to keep in mind as wedding venues work year-round and should accommodate all kinds of weather and timing of events.

Many people who are interested in purchasing a wedding venue have already run other types of businesses like a restaurant or catering service. This may be particularly helpful when considering buying a wedding venue since you already understand what it takes to run a business in that service industry.

Reach out to a local broker to get a better understanding of the market for wedding venues in your area.

Looking to lease a Wedding Venue? View Wedding Venues for lease