How Much Does a Transaction Specialist Make in Illinois?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Transaction Specialist in Illinois is $123,988. While Salary.com is seeing that Transaction Specialist salary in IL can go up to $147,694 or down to $100,698, but most earn between $111,797 and $136,397. 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% $111,797 10% $100,698 90% $147,694 75% $136,397 $123,988 50%(Median)
Related Job Titles to Transaction Specialist
Transaction Processing Specialist
$53,736
Illinois
Per Year
Transaction Banking Specialist
$84,706
Illinois
Per Year
Transaction Settlement Specialist
$57,137
Illinois
Per Year
Transaction Processing Assistant I
$43,330
Illinois
Per Year
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Similar Job Salaries to Transaction Specialist by Company

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Company average base salary in (usd) range
Schweighart Law, P.C.
Real Estate Transaction Specialist
$96,973/yr
$85,892
$108,054
RANGE: $85,892 - $108,054
LanceSoft
Financial Transaction Specialist
$55,063/yr
$50,199
$59,926
RANGE: $50,199 - $59,926
City of New York
Transaction Specialist
$107,146/yr
$96,664
$117,628
RANGE: $96,664 - $117,628
NYC Citywide Administrative Services
Transaction Specialist
$107,146/yr
$96,664
$117,628
RANGE: $96,664 - $117,628
MD7
Transaction Specialist
$61,557/yr
$54,194
$68,919
RANGE: $54,194 - $68,919
Modus Closing
Transaction Coordinator
$101,673/yr
$88,595
$114,752
RANGE: $88,595 - $114,752
Chicago Title Insurance Company
Transaction Facilitator
$62,538/yr
$55,987
$69,088
RANGE: $55,987 - $69,088
The Kelly Schmidt Group
Transaction Coordinator
$45,145/yr
$40,909
$49,381
RANGE: $40,909 - $49,381
Melrose Title Company
Real Estate Title Insurance Transaction Specialist (a/k/a Processor/Closer/Escrow Officer)
$94,919/yr
$83,828
$106,009
RANGE: $83,828 - $106,009
Direct Property Aid
Real Estate Transaction Coordinator
$109,748/yr
$97,316
$122,180
RANGE: $97,316 - $122,180

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Top 10 Highest Paying Cities For Transaction Specialist Jobs in Illinois

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Transaction Specialist can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Transaction Specialist job salaries in Illinois. Some cities can pay higher salaries for Transaction Specialist jobs, which can indicate that there is a large demand for Transaction Specialist positions in this city.
The following table shows top 10 cities where the Transaction Specialist salary is higher than other cities in Illinois. Chicago takes first place in this list, followed by Cicero, Oak Park. The Transaction Specialist salary is $125,703 in Chicago, which is higher than the national average. There are 20 cities' Transaction Specialist salary higher than national average in Illinois.
The average salary for a Transaction Specialist in Illinois is $123,988, but we found that the city with the highest salary for Transaction Specialist jobs is Chicago, IL, and it is higher than Cicero. Transaction Specialist jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Chicago $125,703 $10,475 $2,417 $60
Cicero $125,703 $10,475 $2,417 $60
Oak Park $125,703 $10,475 $2,417 $60
Evanston $125,654 $10,471 $2,416 $60
Skokie $125,654 $10,471 $2,416 $60
Oak Lawn $125,557 $10,463 $2,415 $60
Des Plaines $125,362 $10,447 $2,411 $60
Mount Prospect $125,265 $10,439 $2,409 $60
Aurora $124,730 $10,394 $2,399 $60
Hoffman Estates $124,620 $10,385 $2,397 $60

What Does a Transaction Specialist Do?

Upon receipt of your dispute form, BOQ Specialist will investigate the transaction and post a temporary credit to your account while the dispute is lodged with Visa.
Updated December 19, 2021
Finance, HR, Operations and technology are some of the popular skills required to work as a Transaction Processing Specialist at JP Morgan Chase.
Updated December 02, 2021
Play a vital role as part of a team of specialists, working with people from varied disciplines to help large clients manage and execute high-profile transactions.
Updated November 21, 2021
Transaction Processing Specialist Salary in Investment Banking / Venture Capital / Private Equity Companies.
Updated November 11, 2021
Find your future with us.We are seeking a Mid Level Real Estate Transaction Specialist (Level 3) to join.
Updated November 05, 2021

Frequently Asked Questions About a Transaction Specialist Salaries

What is the average of a Transaction Specialist in Illinois?

The Transaction Specialist salary range is from $111,797 to $136,397, and the average Transaction Specialist salary is $123,988/year in Illinois. The Transaction Specialist's salary will change in different locations.

Which location pays the highest Transaction Specialist salary in the United States?

The Transaction Specialist salary in San Jose, CA is $153,425 which is the highest in the US.

What kinds of reasons will influence the Transaction Specialist'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 Transaction Specialist.

What is the growth rate of the Transaction Specialist's salary?

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