Quote History Correct. And state does not have preemption so there's a hodgepodge of various knife laws across municipalitiies. You should be fine as long as not using to commit a crime or do something stupid. Most blade lengths of 3" or less are what I've seen in most laws. Spring assisted in addition to automatic are ok.
SB0607 IL criminal code:
https://www.ilga.gov/legislation/publicacts/fulltext.asp?Name=100-0082(e) Exemptions.
(2) The provision of paragraph (1) of subsection (a) of
this Section prohibiting the sale, manufacture, purchase,
possession, or carrying of any knife, commonly referred to
as a switchblade knife, which has a blade that opens
automatically by hand pressure applied to a button, spring
or other device in the handle of the knife, does not apply
to a person who possesses a currently valid Firearm Owner's
Identification Card previously issued in his or her name by
the Department of State Police or to a person or an entity
engaged in the business of selling or manufacturing
switchblade knives