Multi-channel Impact-echo (IE) testing was used to evaluate debonding defects at the interface between track concrete layer, TCL, and hydraulically stabilized base course, HSB, in a real scale mockup model of concrete slab tracks for Korea high-speed railway (KHSR) system. The mockup model includes three debonding defects that were fabricated by inserting three 400 mm by 400 mm (length and width) thin plastic foam boards with three different thicknesses of 5 mm, 10 mm, and 15 mm, before casting concrete in TCL. Multi-channel IE signals obtained over solid concrete and debonding defects were reduced to three critical IE testing parameters (the velocity of concrete, peak frequency, and Q factor). Bilinear classification models were used to evaluate the individual and a combination of the characteristic parameters. It was demonstrated that the best evaluation performance was obtained by using average peak frequency or the combination of average peak frequency and average Q factor, obtained by eight accelerometers in the multi-channel IE device. The results and discussion in this study would improve the understanding of characteristics of multiple IE testing parameters in concrete slab tracks and provide a fundamental basis to develop an effective prediction model of non-destructive evaluation for debonding defects at the interface between TCL and HSB in concrete slab tracks.