How Much Does a Business Officer Make in Chicago, IL?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Business Officer in Chicago, IL is $217,718. While Salary.com is seeing that Business Officer salary in Chicago, IL can go up to $260,171 or down to $169,993, but most earn between $192,737 and $239,939. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
25% $192,737 10% $169,993 90% $260,171 75% $239,939 $217,718 50%(Median)
Related Job Titles to Business Officer
Chief Business Officer
$159,573
Chicago, IL
Per Year
Business Development Officer
$150,640
Chicago, IL
Per Year
Business Intelligence Officer
$135,485
Chicago, IL
Per Year
Business Services Officer
$45,770
Chicago, IL
Per Year
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Similar Job Salaries to Business Officer by Company

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Company average base salary in (usd) range
the Village of Oak Park
Business License Officer
$54,211/yr
$47,742
$60,681
RANGE: $47,742 - $60,681
Prairie-Hills Elementary School District 144
Chief Business Officer Position
$132,223/yr
$117,693
$146,753
RANGE: $117,693 - $146,753
JCW
ABL Business Development Officer
$114,318/yr
$101,230
$127,406
RANGE: $101,230 - $127,406
Village of Oak Park
Business License Officer
$54,211/yr
$47,742
$60,681
RANGE: $47,742 - $60,681
U.S. Bank National Association
Environmental Finance Business Development Officer
$96,345/yr
$87,460
$105,229
RANGE: $87,460 - $105,229
JPMorganChase
Business Relationship Manager I - Officer
$114,756/yr
$102,191
$127,321
RANGE: $102,191 - $127,321
Bank of America
Business Information Security Officer (BISO)
$93,650/yr
$84,245
$103,054
RANGE: $84,245 - $103,054
JPMorgan Chase
Business Relationship Manager I - Officer
$114,756/yr
$102,191
$127,321
RANGE: $102,191 - $127,321
Wintrust Financial Corporation
Business Security Officer (BSO) Manager
$99,481/yr
$87,674
$111,287
RANGE: $87,674 - $111,287
Us Bank
Chief Credit Risk Officer - Business Banking
$91,178/yr
$80,617
$101,740
RANGE: $80,617 - $101,740

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What Does a Business Officer Do?

Business officers are professional workers employed by either federally funded state institutions or large educational divisions of a university system.
Updated December 16, 2021
Initiatives fall under the purview of the chief business officer while other institutions include community and local government relations in the CBO's responsibilities.
Updated December 06, 2021
A bachelor’s degree in business administration, public administration or hospital administration provides the basic knowledge required for business officer jobs.
Updated November 25, 2021
As a result, the executive holding the chief business officer position, by definition, will usually possess a broader range of experience and more extensive skill set.
Updated November 20, 2021
Business officers usually report to top administrators, such as a university president or chief executive officer.
Updated November 20, 2021

Frequently Asked Questions About a Business Officer Salaries

What is the average of a Business Officer in Chicago, IL?

The Business Officer salary range is from $192,737 to $239,939, and the average Business Officer salary is $217,718/year in Chicago, IL. The Business Officer's salary will change in different locations.

Which location pays the highest Business Officer salary in the United States?

The Business Officer salary in San Jose, CA is $265,733 which is the highest in the US.

What kinds of reasons will influence the Business Officer's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Business Officer.

What is the growth rate of the Business Officer's salary?

If you are thinking of becoming a Business Officer or planning the next step in your career, find the detailed salary report of a Business Officer.