The 1948 Eastern Illinois Panthers football team represented Eastern Illinois State College—now known as Eastern Illinois University—as a member of the Illinois Intercollegiate Athletic Conference (IIAC) during the 1948 college football season. Led by third-year head coach Maynard O'Brien, the Panthers finished the season with a 7–3 record overall and a 4–0 mark in conference play, winning the IIAC. They were invited to the postseason Corn Bowl, where they lost to , 6–0.
Eastern Illinois was ranked at No. 187 in the final Litkenhous Difference by Score System ratings for 1948.
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