The Mustangs were originally awarded an expansion franchise in the
Professional Arena Soccer League on September 25, 2012. The team was originally coached by Narciso "Chicho" Cuevas until he was replaced on the bench late in the
2012–13 season by team owner Armando Gamboa. The Mustangs won the PASL Championship in the
2013–14 season. They were undefeated in the regular season, setting a PASL record of 202 goals in a season. They earned the right to host the Final Four of the
Ron Newman Cup playoffs, which they also claimed. They defeated the
Cleveland Freeze 10–3 in the semifinals before stopping
Hidalgo La Fiera 14–5 in the Newman Cup Final. That victory also earned the
United States Open Cup for Arena Soccer title. They became members of the
Midwest Premier League on February 1, 2021, and competed in the league's West Division following the 2021 MASL 2 season. The MAC Athletic Complex in Crystal Lake will host the MPL matches. On August 22, 2022, the Mustangs were officially announced as a charter team in the new MLISL. On August 12, 2024, the Chicago Mustangs officially announced that they would field a women's team for the 2024-2025 season. The Mustangs previously fielded a women's team that competed in the Premier Arena Soccer League (PASL) and the United Women's Soccer (UWS) league. ==Personnel==