Chequamegon Bay lies largely inside the barrier of Chequamegon Point and Long Island, with the Bad River Indian Reservation to the east. Ashland, Wisconsin is on its south, Washburn, Wisconsin is on its north.
Chequamegon Bay is primarily enclosed by Chequamegon Point and Long Island, with the Bad River Indian Reservation situated to the east. Ashland, Wisconsin is positioned to its south, while Washburn, Wisconsin lies to its north.