recession proof
doubt it

anyways

good luck

Grew up in Oak Lawn the long and short of it is NO. OL is suffering big time right now. Prices are down and sales are flat. Go in low with your offer. Cheers!

nothing is recession proof

NO. But that's not to say that it is not a good buy. I just did some research for another poster because Mt Greenwood is near there. Take a look at my post there: http://www.trulia.com/voices/Home_Buying/Should_i_buy_my_fir…

One of the things with Oak Lawn is that it is so big that internally and surrounding areas are both increasing and decreasing. There are brand new million dollar homes going up but there are also neighborhoods with tiny lots and 2 bd/1 bth homes.

In general, Chicagoland is down to earth with lots to offer. You don't see high and low swings creating a bubble that could burst. But you do see changing neighborhoods which affect value.
I hope this helps.
Ruth