How much does a Business Broker make in Chicago, IL? The average Business Broker salary in Chicago, IL is $66,431 as of February 26, 2024, but the salary range typically falls between $57,220 and $76,236. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Based on HR-reported data: a national average with a geographic differential
Business Broker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Business Broker Salary $48,834 Chicago,IL February 26, 2024
25th Percentile Business Broker Salary $57,220 Chicago,IL February 26, 2024
50th Percentile Business Broker Salary $66,431 Chicago,IL February 26, 2024
75th Percentile Business Broker Salary $76,236 Chicago,IL February 26, 2024
90th Percentile Business Broker Salary $85,163 Chicago,IL February 26, 2024
25% $57,220 10% $48,834 90% $85,163 75% $76,236 $66,431 50%(Median) Didn’t find job title? Click
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Check out Business Broker jobs in Chicago, Illinois

Freight Broker (Sales Account Manager

Hybrid Global Logistics Services - Beaver, PA

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Producer/Broker

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Mortgage Broker offering 100% Commission Split

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What is a Business Broker ?

Business brokers, also called business transfer agents, or intermediaries, assist buyers and sellers of privately held businesses in the buying and selling process. They typically estimate the value of the business; advertise it for sale with or without disclosing its identity; handle the initial potential buyer interviews, discussions, and negotiations with prospective buyers; facilitate the progress of the due diligence investigation and generally assist with the business sale. Agency relationships in business ownership transactions involve the representation by a business broker (on behalf...

Source: Wikipedia (as of 04/17/2019). Read more from Wikipedia

See user submitted job responsibilities for Business Broker.

Job Openings for Business Broker in Chicago, IL

Career Path for this job

  1. This Job:

    Business Broker

    2 - 4 years experience
    Bachelor's Degree

  2. Up a level:

    Branch Manager - Insurance


    Bachelor's Degree

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Understand the total compensation opportunity for a Business Broker, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
57220
76236
66431

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
58277
89688
70131
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Business Broker in Chicago, IL. The base salary for Business Broker ranges from $57,220 to $76,236 with the average base salary of $66,431. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $58,277 to $89,688 with the average total cash compensation of $70,131.

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57220
76236

 

About Chicago, Illinois    Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois  area prices were up 0.8% from a year ago

Business Broker Salary in popular cities: AuroraRockfordJoliet

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