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Oakwood Hills, Illinois. Oakwood Hills is a village in McHenry County, Illinois, United States. Oakwood Hills was founded in 1959. The population was 2,194 at the 2000 census. As of 2010, the population dropped to 2,083.
Oak Park is located immediately west of the city of Chicago. The boundary between the two municipalities is Austin Boulevard on the east side of Oak Park and North Avenue/Illinois Route 64 on the village's north side.