Illinois HVAC Market

Sell Your Illinois HVAC Business

Illinois' diverse economy and four-season climate create strong HVAC demand. See what your business is worth.

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Illinois HVAC Market Snapshot

3,190+

HVAC Companies

14,200+

HVAC Technicians

4.5-6.2x

EBITDA Multiple

$62,400

Avg Tech Salary

Why Illinois HVAC Businesses Are in Demand

Illinois has over 3,190 HVAC contractors with concentration in Chicago

Chicago is the third-largest metro in the nation

Four-season climate creates balanced heating and cooling demand

Commercial real estate sector drives significant HVAC demand

Data center expansion in Chicago suburbs creating opportunities

Climate Drivers

Four-season climate with cold winters and hot, humid summers
Lake effect influences Chicago-area temperatures
Heating demand dominates in winter months
Summer humidity drives dehumidification needs

Top Illinois Markets

Chicago

Buyer Activity

Illinois attracts strong buyer interest due to Chicago market size. Companies with commercial capabilities and strong service agreement bases command premium valuations.

What's Your Illinois HVAC Business Worth?

Get a confidential, data-driven estimate based on current Illinois market conditions. Takes less than 5 minutes.

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Data Sources

Employment & Wage Data: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2024

HVAC Company Counts: Salesgenie HVAC Industry Data

EBITDA Multiples: Industry estimates based on publicly reported M&A transactions and market analysis. Actual valuations vary based on company-specific factors.