How much does a Commercial Loan Business Development Officer I make?
As of August 01, 2025, the average annual salary for a Commercial Loan Business Development Officer I in Chicago, IL is around $87,456, with an hourly rate of $42. The average salary ranges from $82,962 (10th percentile) to $101,585 (90th percentile), with the majority earning between $85,104 (25th percentile) and $94,852 (75th percentile). A Commercial Loan Business Development Officer I's salary is shaped by several key factors, including experience level, specific skills, industry differences, company size, and so on. Below, we'll dive deeper into each of these factors to help you understand how they impact compensation.