Players were nominated for these awards by the Sports Information Directors at the various schools. All SIDs in the region were given the opportunity to vote.
First team
| Pos. | Name | School | Ht. | Yr. | Hometown |
| G | Antoine McDaniel | Carthage | 6-2 | Jr. | Schaumburg, Ill. |
| F | Derek Reich | Chicago | 6-8 | Jr. | Niles, Ill. |
| F | Jason Wiertel | Carthage | 6-8 | Sr. | Buffalo Grove, Ill. |
| F | Chris Jeffries | Washington U. | 6-6 | Jr. | Dallas, Texas |
| C | Nathan Hoffmann | St. Norbert | 6-8 | Sr. | Green Bay, Wis. |
Second team
| Pos. | Name | School | Ht. | Yr. | Hometown |
| G | Drew Carstens | Augustana | 6-2 | So. | Downers Grove, Ill. |
| G | Steve Wood | Grinnell | 6-1 | So. | Peoria, Ill. |
| F | Charles Simmons | Aurora | 6-5 | So. | Chicago, Ill. |
| F | Rob Garnes | Carthage | 6-4 | Jr. |
Rolling Meadows, Ill. |
| F | Luke Kasten | Illinois Wesleyan | 6-7 | Jr. | Coffeen, Ill. |
Third team
| Pos. | Name | School | Ht. | Yr. | Hometown |
| G | Steve Kohl | Ripon | 6-0 | Sr. | Muskego, Wis. |
| G/F | Kevin Blomstrom | Wheaton (Ill.) | 6-3 | So. | San Antonio, Texas |
| F | Joe Neuman | Hanover | 6-5 | Sr. | Connersville, Ind. |
| F | Paul Nelson | Wisconsin Lutheran | 6-2 | Jr. | Fish Creek, Wis. |
| F | Drew Logan | Blackburn | 6-2 | Sr. | Harrisburg, Ill. |