Oak Street SSA

Oak Street Council

Oak street council

Mailing Address

Richard Mille, 111 E Oak Street,
Chicago, IL 60611

phone

773-575-5822

Email

oakstreetcouncilsecretary@gmail.com

Board Members

Alex Kats (Richard Mille, Geneva Seal): President
Abigail Stockwell (Prada): Vice President
Kristen Kerch (Breitling): Secretary, Treasurer, and Customer Attraction
Robert Lopez (Graff): Safety/Security
Tricia Kaiser (Brunello Cucinelli Chicago): Landscaping

The Oak Street Council mission is to continuously create and nurture an environment in
which the retailers, restaurants, and hotels of our community thrive while molding this historic
area into an inviting atmosphere to live, stroll, shop, and dine.

The Oak Street Council is the sole service provider organization for the Oak Street SSA.

For more information about membership with the Oak Street Council, email us at
oakstreetcouncilsecretary@gmail.com

Oak Street SSA

Welcome to the most luxurious shopping destination in Chicago!
The City of Chicago contracts the Oak Street Council as the sole service
provider for Oak Street Special Service Area 75 (Oak Street SSA). As collective overseers of the Oak Street SSA, our goal is to preserve Chicago’s most unique world-class shopping district by maintaining the highest security level, beautifying pedestrian
areas and streets, and supporting the world-renowned clothiers, jewelers, timepiece brands, and restaurants represented within our neighborhood.

SERVICES PROVIDED THROUGH OAK STREET SSA

Under the guidance of the Oak Street SSA Commission and administered by the Oak Street Council, our dedicated team of entrepreneurs and managers work unitedly to maintain our reputation as an inviting environment in which to live, shop, and dine. Services provided by the Oak Street SSA include:

  • Security

    Street-level security cameras that monitor our area; cooordination of security with City and County police

  • Street Beautification

    Elegant seasonal landscaping and sidewalk snow removal

  • Holiday Decor

    Design professionals who maintain street decorations during holiday seasons

Communications

Ongoing communications to SSA property owners, businesses, and the
public about the accomplishments and impact of the Oak Street SSA.

BOUNDARIES OF OAK STREET SSA

Oak Street SSA includes all property on both the north and south side of Oak
Street, between Rush Street and the area just west of Michigan Avenue.
CLICK HERE to view the SSA #75 Boundaries Map

OAK STREET SSA COMMISSION

The Oak Street SSA Commission is a public body comprised of property and business owners or their designees within the Oak Street SSA. Their role is to recommend the funding and services, act as the Sole Service Provider to the
City, and provide ongoing oversight of the SSA.
CLICK HERE to view commissioners, minutes, agendas, and meeting dates.

FUNDING FOR OAK STREET SSA

The Oak St SSA funds many special or additional services and/or physical improvements in the Oak St SSA district. The Oak St SSA Commission is charged with prioritizing services and improvements in the Oak St SSA and determining
an appropriate budget to fund the services. In an SSA, only the property owners that benefit from the improvements are assessed the additional tax that is used
to pay for the SSA services.
The budget is funded by the SSA tax levy and Carry Over of SSA tax levy. The tax rate cap for the Oak St SSA is 0.62% of Equalized Assessed Value (EAV) for the properties
within the SSA. This means that, while the amount of taxes collected will vary
from year to year based upon the tax rate necessary to meet budget needs, the tax rate can never exceed 0.62% of the properties’ EAV. The tax rate for the initial years of the SSA is well below the cap at approximately 0.238%. In 2022, this translates into a tax levy and budget of $337,792 to spend on projects, services, and improvements on Oak St. In 2022, the Oak St SSA is spending the programmatic portion of its budget as follows:
Customer Attraction: 18%
Public Way Aesthetics: 31%
Economic and Business Development: 1%
Safety Programs: 38%
Professional Management: 12%

Contract and Audit Documents

2022: Sole Service Provider contract with Oak Street Council

Current Request for Proposals (RFP’s)

No RFPs at this time

2022 Oak St SSA Annual Report

CLICK HERE to view 2022 Oak St SSA Annual Report.

2021 Oak St SSA Annual Report

CLICK HERE to view 2021 Oak St SSA Annual Report.

CONTACT US

 

Oak Street SSA c/o OAK STREET COUNCIL
Mailing Address: Richard Mille, 111 E Oak Street, Chicago, IL 60611
Mobile: 312-802-9290
Email: oakstssa@gmail.com