Illinois
M&A Market Data & Business Acquisition Insights for Illinois
ILMarket Overview
Active Listings
1,900
Median Asking Price
$385,000
SBA Loans (YTD)
6,200
Avg SBA Loan
$275,000
SBA Lending in Illinois
Illinois had 6,200 SBA 7(a) loans approved year-to-date, with an average loan size of $275,000. These loans are a primary financing tool for small business acquisitions.
How SBA Loans Work
- Government-guaranteed loans (75-90% LTV)
- Terms up to 10 years for acquisitions
- Fixed or variable rates available
- Requires 10% minimum equity injection
No Broker License Required
Illinois does not require brokers to be licensed for M&A transactions, though many choose to be for credibility.
Valuation Multiples for Top Industries
| Industry | SDE Multiple | Listings (National) |
|---|---|---|
| Restaurants | 1.80x | 1250 |
| Auto Repair Shops | 2.30x | 340 |
| HVAC Services | 2.80x | 287 |
Major Markets
City-level market data coming soon. Detailed business listings and valuations for major metropolitan areas in Illinois.
Subscribe to our newsletter for updates on Illinois market data and new city pages.