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Chicago Small Business Improvement Fund (SBIF)

City of Chicago / SomerCor (SBIF)CHI-SBIF
Max per Applicant

$150K

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

Chicago, IL

About This Program

Reimburses up to 90% of eligible costs for building improvements to commercial and industrial properties in Chicago Tax Increment Financing (TIF) districts. Covers façade, roof, HVAC, plumbing, and structural upgrades.

Key Requirements & Eligibility

  • 1Property must be in a Chicago TIF district
  • 2Property must be used for commercial or industrial purposes
  • 3Reimbursement: up to 90% of eligible costs (smaller businesses) or 70% (larger)
  • 4Maximum grant: $150,000 for commercial properties
  • 5Improvements must be completed before reimbursement is paid

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Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

Official Source
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Applicable Industries

Real EstateRetailManufacturingFood & BeverageHealthcare
Official Source