The 2014–15 Chicago Mustangs season was the third season of the Chicago Mustangs professional indoor soccer club. The Mustangs, a Central Division team in the Major Arena Soccer League, played their home games at the Sears Centre in the Chicago suburb of Hoffman Estates, Illinois.

The team was led by team owner/head coach Armando Gamboa and assistant coach Freddy Ochoa. The Mustangs, PASL champions in 2013–14, struggled in the first year of the MASL but managed to amass an 11–9 record, good enough for 3rd place in the Central Division and a berth in the playoffs. Chicago was eliminated by the Milwaukee Wave in the Central Division Semi-Finals, winning the first game but losing the second and the mini-game tie-breaker.

Coming off an undefeated season and the PASL championship, much was expected from Chicago in 2014–15 but they largely failed to deliver. They dropped the first game to the MISL champion Missouri Comets, split a home-and-home series with the St. Louis Ambush then lost 2 of their next 3 to limp into December at 24. They found their footing with 5 consecutive wins in December and early January. They struggled the rest of the way, winning only 4 games of the remaining 9. Still, the Mustangs qualified for the post-season with an 119 record and third-place in the Central Division. Playing a home-and-home series for the Division Semi-Finals, Chicago beat Milwaukee at the Sears Centre but lost the second game and the tie-breaking mini-game (in overtime) on the road.

The Mustangs are named for the original Chicago Mustangs that was a founding member of the United Soccer Association in 1967 and played in the North American Soccer League (NASL) in 1968 before becoming a semi-pro team in 1969.

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