1994 Virginia Slims of Chicago
Date	February 7–13
Edition	23rd
Category	Tier II
Draw	28S / 16D
Prize money	$400,000
Surface	Carpet (Supreme) / indoor
Location	Chicago, Illinois, U.S.
Venue	UIC Pavilion
Champions
Singles
Natasha Zvereva
Doubles
Gigi Fernández / Natasha Zvereva
← 1993 · Virginia Slims of Chicago · 1995 →

The 1994 Virginia Slims of Chicago was a women's tennis tournament played on indoor carpet courts at the UIC Pavilion in Chicago, Illinois in the United States that was part of Tier II of the 1994 WTA Tour. It was the 23rd edition of the tournament and was held from February 7 through February 13, 1994. Second-seeded Natasha Zvereva won the singles title and earned $80,000 first-prize money.

Finals

Singles

Natasha Zvereva defeated Chanda Rubin 6–3, 7–5

• It was Zvereva's 2nd title of the year and the 45th of her career.

Doubles

Gigi Fernández / Natasha Zvereva defeated Manon Bollegraf / Martina Navratilova 6–3, 3–6, 6–4

• It was Fernández's 2nd title of the year and the 46th of her career. It was Zvereva's 3rd title of the year and the 46th of her career.

Prize money

* per team