text: Jack Smiley – 1943, 1947
  Walt Kirk – 1945†
  Dwight Eddleman – 1948, 1949
  Bill Erickson – 1949†
  Don Sunderlage – 1951
  Rod Fletcher – 1952†
  Irv Bemoras – 1953
  Jim Bredar – 1953
  Johnny Kerr – 1954
  Bill Ridley – 1956
  Paul Judson – 1956
  George Bon Salle – 1957
  Skip Thoren – 1965
  Dave Scholz – 1969
  Derek Harper – 1983
  Bruce Douglas – 1984
  Ken Norman – 1987†
  Kendall Gill – 1990†
  Frank Williams – 2001
  Brian Cook – 2003
  Dee Brown – 2005†, 2006†
  Luther Head – 2005†
  Deron Williams – 2005†
  Ayo Dosunmu – 2021†
  Kofi Cockburn – 2021†, 2022†
  Terrence Shannon Jr. – 2024
  † = Consensus All-American
  Illinois All-Century Team
  In 2004, during the celebration of the program's 100th year of basketball as a varsity sport, the University of Illinois Division of Intercollegiate Athletics announced its All-Century Team. The 20-man team was selected after online voting by fans and the Illinois Basketball Centennial Committee. The honorees were feted during the Illinois Basketball Centennial Reunion Weekend, Jan. 28–30, 2005.
  Naismith Memorial Basketball Hall of Fame inductee.
  National Collegiate Basketball Hall of Fame inductee.
  Illinois Basketball Coaches Association Hall of Fame inductee.
  Statistical leaders
  All-time records
  Single-season leaders