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

7665-7667 N Milwaukee Ave

Niles, IL 60714

Wedding Venue
Retail for Sale
$1,528,943 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

Contact:

Illinois 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
$1,509,728 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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5037-5039 W Diversey Ave

Wedding Venue
Retail for Sale
$1,221,370 CAD
7,500 SF
2 Retail Properties

Chicago Portfolio of properties for Sale - Northwest City

Positioned on the highly visible location of Diversey Avenue and LeClaire Avenue, this two-story mixed-use property presents an outstanding opportunity for investors and owner-users seeking a strong presence in Chicago's vibrant Belmont Cragin community. Offering approximately 4,200 square feet of rentable commercial space across two buildings, the property combines established income, flexible commercial use, and residential potential. The first building features a thriving, high-traffic restaurant with seating for 70+ guests, a welcoming bar area, and a fully equipped commercial kitchen with walk-in coolers and ample storage. The flexible layout and multiple entrances provide excellent potential for expansion or reconfiguration, making the space suitable for a restaurant concept, banquet hall, party venue, or other commercial venture. Above the restaurant, the second floor offers a spacious and sun-filled residential unit with three oversized bedrooms, a large living room, formal dining room, eat-in kitchen, laundry room, and abundant natural light. Additional highlights include a rooftop deck above the rear restaurant area and an attached garage/storage space. The second building includes a large main-level commercial space adaptable for a wide variety of businesses or investment opportunities. The second floor features two fully rented 2-bedroom, 1-bath apartments, providing steady rental income. Residents also enjoy access to a rear rooftop deck, along with parking for two vehicles on the rear parking pad. Located in a high-traffic corridor surrounded by established retail, popular eateries, and neighborhood businesses, the property benefits from excellent visibility and consistent foot and vehicle traffic. With easy access to major transit routes, it sits within a thriving community known for strong household incomes and steady commercial activity. This estate sale offers the rare chance to acquire a well-positioned mixed-use investment that blends income potential, prime location, and long-term growth opportunity. Invest with confidence and watch your in

Contact:

RE/MAX Legends

Date on Market:

2026-03-10

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8200 S Cicero Ave

Burbank, IL 60459

Wedding Venue
Specialty for Sale
$3,842,944 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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Wedding Venue for Sale within 10 kilometers of Chicago, IL, USA

3237 S Harlem Ave

Berwyn, IL 60402

Wedding Venue
Specialty for Sale
$3,705,696 CAD
10,238 SF

Berwyn Specialty for Sale - Cicero/Berwyn Area

Exceptional Turnkey Banquet Hall Opportunity in Berwyn – Established, Profitable & Ready for New Ownership! Rare opportunity to own a well-established and highly profitable banquet hall in the heart of Berwyn! This successful business has been serving the community for many years, building a strong reputation and loyal customer base with a proven history of hosting weddings, quinceañeras, birthdays, corporate events, private parties, and special occasions. This beautifully maintained banquet facility is in excellent condition and truly turnkey, making it ideal for an owner-operator or investor looking for a strong income-producing business. The property offers a welcoming atmosphere, spacious event areas, ample seating capacity, and a layout designed to accommodate a wide variety of events. Located in a high-traffic and desirable area, this banquet hall benefits from excellent visibility, repeat clientele, and strong word-of-mouth referrals. With an established presence in the market and a reputation for quality service, this is an outstanding opportunity for entrepreneurs, hospitality groups, or investors seeking a business with immediate income potential and room for future growth. Why start from scratch when you can take over a thriving, profitable operation? Opportunities like this rarely hit the market. Whether you are expanding your portfolio or entering the event industry, this is a must-see investment with tremendous upside potential.

Contact:

Realty Of America, LLC

Date on Market:

2026-05-11

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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