| Competition: | Segunda División |
| Season: | 1994 |
| Winners: | Deportes Concepción |
| Relegated: | Lota Schwager |
| League Topscorer: | Andrés Roldán (Arturo Fernandez Vial; 16 goals) |
| Prevseason: | 1993 |
| Nextseason: | 1995 |
The 1994 Segunda División de Chile was the 43rd season of the Segunda División de Chile.
Deportes Concepción was the tournament's champion.[1]