Oak Lawn, IL Real Estate

According to census data in the year 2000 there were 22,912 housing units in Oak Lawn. This represents a 4.9% growth from 21,835 in 1990.

Of those housing units, 22,912 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Oak Lawn is about 82.8%. Oak Lawn's vacancy rate, including seasonal lodging, is about 2.8%. Average household size is 2.46 people.

The majority of houses, apartments or condos in Oak Lawn were built after 1965.


Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom8%
Two Bedrooms31.80%
Three Bedrooms45.20%
Four Bedrooms12.20%
Five Bedrooms or more2.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1964
Median Value of occupied units$157,000
Median Price asked for vacant units$148,100

Rented Homes, Apartments and Condos

Average Household Size2
Median year structure was built1969
Median Monthly Rent asked for vacant units$649

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage6%
Home Equity Loan8.60%
Simple Mortgage44.10%
Debt Free41.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.5%