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 | Drew Carstens | Augustana | 6-2 | Jr | Downers Grove, Ill. |
| G | Steve Wood | Grinnell | 6-2 | Jr | Peoria, Ill. |
| F | Chris Jeffries | Washington U. | 6-6 | Sr | Dallas, Texas |
| F | Derek Reich | Chicago | 6-7 | Sr | Niles, Ill. |
| C | Joel Kolmodin | Wheaton | 6-8 | Jr | Borculo, Mich. |
Second team
| Pos. | Name | School | Ht. | Yr. | Hometown |
| G | Ricky Davis | Lakeland | 6-0 | Jr | Milwaukee, Wis. |
| G | Antoine McDaniel | Carthage | 6-2 | Sr | Schaumburg, Ill. |
| F | Kari Hannula | St. Norbert | 6-5 | Sr | Hortonville, Wis. |
| F | Luke Kasten | Illinois Wesleyan | 6-7 | Sr | Coffeen, Ill. |
| C | Dave Crews | Dominican | 6-4 | Sr | Bourbonnais, Ill. |
Third team
| Pos. | Name | School | Ht. | Yr. | Hometown |
| G | Matt Moore | Hanover | 6-0 | So | Evansville, Ind. |
| G | Matt Tabash | Washington U. | 5-10 | Sr | St. Louis, Mo. |
| F | Rob Garnes | Carthage | 6-4 | Sr | Rolling Meadows, Ill. |
| F | Charles Simmons | Aurora | 6-5 | Jr | Chicago, Ill. |
| C | Garrett Ingram | Illinois College | 6-10 | Sr | Mount Sterling, Ill. |