Vermilion County, Illinois
Oakwood Real Estate and Local Guide
Oakwood is a small rural village in Oakwood Township, Vermilion County, that began in 1824 as a salt-works settlement and later shifted to coal mining. It sits along U.S. Route 150 and Interstate 74 and is part of the Danville Metropolitan Statistical Area. Ranked Realty pairs verified local data with the agents who know Oakwood best.
About the area
Living in Oakwood, IL
Settlement began in 1824 to work salt springs found near the Vermilion River, giving the area an early salt-mining economy.
The housing market
Homes in Oakwood
- About 75.9% of occupied housing units are owner-occupied.
- Roughly 60.7% of the housing stock is single-family homes.
- The median owner-occupied home value is about $98,300.
Landmarks and lifestyle
What makes Oakwood home
Oakwood Salt Kettle
Historic iron kettle from the area's early salt works, now displayed at the I-74 rest area near Oakwood
Historic Oakwood downtown
Original village center that grew up around the 1870 IB&W railroad station
Kennekuk Cove County Park
3,000-acre Vermilion County Conservation District park with Lake Mingo and hiking trails, west of Danville near Oakwood
For agents
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Local facts on this page are verified against public sources as part of the AppWT local-data project. Data reflects the most recent available figures.