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Illinois contractor market

Contractor market in Illinois: permits, companies, and trade benchmarks

Illinois pulled 193K building permits in 2024, down -47.6% from 2023, against a 2023 total construction value of $89.0B. There are 12,395 HVAC/plumbing/electrical companies in the state, with 4,162 in the $1–25M revenue band. Largest metro: Chicago.

193K

Permits 2024

-47.6% YoY

$89.0B

2023 construction value

All trades

4,162

ICP companies ($1–25M)

Fractional-CFO target

32 yrs

Avg company age

Established market

Trade-by-trade breakdown — Illinois

Where do you sit vs. peers in Illinois?

Free 15-min audit. We run your books against the 4,162+ contractors in the Illinois ICP and ranked benchmarks across DSO, gross margin, cash gap, and quote conversion. Concrete numbers, no pitch.

Browse other state markets

Permit data from ATTOM (73.7M property records, 409M permits, 2022–2024). Contractor density from ZoomInfo (494M company locations). Operating benchmarks from Level's proprietary contractor benchmark dataset (2,242 contractors, $13.25B in job revenue). See the full Level Index.