Illinois Breach of Contract Calculator

Your Breach of Contract Claim in Illinois

When someone breaks a contract, you stand to lose production, time, and money. If you're the consumer, you may be left with a half-finished project or deal. Worse, if you've paid upfront, you're probably wondering if you'll be able to get your money back and whether it's worth pursuing legal action. That’s where our Illinois Breach of Contract Damages Calculator comes in. It helps you determine how much you might be owed when a contract goes wrong.

Why Use a Breach of Contract Calculator?

Contracts are legal promises. When one side fails to deliver, Illinois law lets the other side recover certain types of damages. This calculator will help you organize:

  • How much you've lost
  • What you’ve already paid or received
  • How much you might be able to get if you pursue legal action

It’s not legal advice, but it’s a good way to start figuring out what your claim is worth.

What You’ll Need to Use the Calculator

1. Contract Amount

This is the total value of the deal. Think of it as the full price of the goods or services in the contract.

Example: A $50,000 home remodeling contract.

2. Amount Paid or Received

Did either party already pay part of the contract? Enter that here. It gets subtracted from the final damage total.

Example: You paid $10,000 upfront before the contractor bailed.

3. Cost Incurred

This includes expenses you had because you trusted the contract—like supplies, employee time or equipment.

Example: You spent $5,000 on materials you can’t use.

4. Loss of Profit

If you were going to make money from the contract, enter your lost profit here. This helps estimate what you could’ve made if the deal was completed.

Example: You were going to make $15,000 from a sales contract.

5. Consequential Damages

Sometimes a broken contract leads to more loss—like lost customers, delays or extra expenses. If these were foreseeable when the contract was signed, Illinois law may let you recover them.

Example: A missed delivery cost you a $10,000 client.

6. Liquidated Damages

Did your contract have a penalty or fee for breach? This is called a liquidated damages clause. You can enter the amount here—Illinois courts will enforce these if they’re fair and not just a punishment.> Example: Your contract says the breaching party pays $5,000 if they back out.

7. Mitigation

The law expects you to mitigate your damages. If you found a new customer or sold unused goods, enter that here.

Example: You recovered $2,000 by reselling leftover inventory.

What the Calculator Shows

The calculator shows three results:

  • Compensatory Damages: What you’re owed for your actual losses (lost profits, expenses etc.)
  • Liquidated Damages: What the contract says you’re owed (if enforceable)
  • Total Estimated Damages: The higher of the two amounts—since you can’t collect both

Illinois Law Note

Illinois courts take contracts seriously but also expect fairness. You can’t double-dip (collect damages twice for the same loss), and liquidated damages must be reasonable. If your case involves large sums or unclear contract terms, consider talking to a breach of contract attorney.

Need a Lawyer?

While this calculator is a useful tool, every case is different. If you have a broken contract and want to explore your options, our team at O’Flaherty Law can help. We’ll review your case and explain your rights under Illinois contract law.

Why O'Flaherty Law?

Cost-Effective

When we started our firm in the midst of the recession, we learned to survive in a lean environment and pass the savings on to our clients.  As the economy has improved, we have not changed our philosophy.  We are hungry to grow our client base, and so we have intentionally set our rates below what the market will bear.  Our mission is to make each client walk away feeling that they got more value than they paid for.  This is easier to do when we make our prices affordable.

Client-Focused

The secret to our success as a firm is incredibly simple: we build a personal relationship with each of our clients and treat them with the respect that they deserve.  We pride ourselves on our open lines of communication, frequent check-ins with our clients, and our accessibility.  We are here to help you in any way we can, often leveraging our network of resources to assist you with non-legal issues that you may be having.  We are your one-stop problem-solver and trusted adviser.  All attorneys say that they provide excellent client service, but, unlike other attorneys, we practice what we preach.  We make sure every client walks away happy . . . period.

Comprehensive

We are your community law firm.  Our business is built on long-term relationships with our clients.  Our clients have the luxury of building trust over time with one team of attorneys, rather than having to find a new attorney for each different type of matter that arises over the course of their lives.  No one attorney can be experienced at everything.  That is why we have worked hard to assemble a team of attorneys with extensive experience in different areas of experience.  Our attorneys work together closely to bring our collective experience to bear on any issue that may arise for our clients.

Great at What We Do

Since our business comes entirely from referrals and community involvement, our reputation for quality legal work is our greatest asset . . . and it is extremely important to us.  Each of our attorneys is truly experienced in his or her practice areas, with the highest personal standards of excellence.  We are proud of our reputation in the community, and we did not achieve it by accident.  Our reputation for excellence comes from hard work, continuing education, and an above-and-beyond approach to our clients’ cases.