Legislation Details

File #: 26-1945    Version: 1 Name: 525 WVB Realty Associates, LLC Lease Agreement
Type: Lease Agreement Status: Held / Deferred in Committee
File created: 7/6/2026 In control: Asset Management Committee
On agenda: 7/16/2026 Final action:
Title: PROPOSED LEASE AGREEMENT Department: Department of Real Estate Management Request: Request to Enter Lease Agreement Landlord: 525 WVB Realty Associates, LLC Tenant: County of Cook, on behalf of the State's Attorney's Office Location: 525 West Van Buren St., Chicago, Illinois 60607 Term/Extension Period: 10/1/2027 - 9/20/2042 Space Occupied: 10,789 sq. ft. Monthly Rent: $45,173.69 Fiscal Impact: $8,131,264.80 Accounts: 11100.1250.14245.550130.00000.00000 Option to Renew: N/A Termination: N/A Utilities Included: Yes Summary/Notes: Requesting approval of a lease agreement between 525 WVB Realty Associates, LLC, a Delaware Limited Liability Company, as Lessor, and the County of Cook, a body corporate and politic of the State of Illinois, as Lessee, for approximately 10,789 square feet of space, on the 3rd floor of 525 West Van Buren St, Chicago, IL 60607. The use is for the State's Attorney Office to establish a digital forensics lab. In recogni...
Indexes: JAMES ESSEX, Director, Real Estate Management
Attachments: 1. Board Letter_SAO_ 525 W Van Buren 6.29.pdf

title

PROPOSED LEASE AGREEMENT

 

Department:  Department of Real Estate Management

 

Request:  Request to Enter Lease Agreement

 

Landlord:  525 WVB Realty Associates, LLC 

 

Tenant:  County of Cook, on behalf of the State’s Attorney’s Office 

 

Location:  525 West Van Buren St., Chicago, Illinois 60607

 

Term/Extension Period:  10/1/2027 - 9/20/2042

 

Space Occupied:  10,789 sq. ft.

 

Monthly Rent:  $45,173.69

 

Fiscal Impact:  $8,131,264.80

 

Accounts:  11100.1250.14245.550130.00000.00000

 

Option to Renew:   N/A

 

Termination:  N/A 

 

Utilities Included:  Yes

 

Summary/Notes:  Requesting approval of a lease agreement between 525 WVB Realty Associates, LLC, a Delaware Limited Liability Company, as Lessor, and the County of Cook, a body corporate and politic of the State of Illinois, as Lessee, for approximately 10,789 square feet of space, on the 3rd floor of 525 West Van Buren St, Chicago, IL 60607. The use is for the State’s Attorney Office to establish a digital forensics lab.

 

In recognition of the increasing demand for a digital evidence platform, the States Attorney’s Office (SAO) is making a concerted effort to invest in advanced technologies that support its mission. Additionally, these technologies will improve stakeholders’ ability to extract, analyze, and interpret complex data sources.  The establishment of a state-of-the-art digital forensic laboratory will contribute significantly to the SAO’s success.

 

This laboratory will include dedicated spaces designed to intake digital evidence and equipment, a secure area for evidentiary storage, workstation areas for conducting analysis on the large volume of requests for service with specialized equipment, and training classrooms and labs designed for instructional/training purposes. The laboratory will also have collaborative rooms, where electronic evidence can be reviewed by requestors or other parties. The environment will also have common areas to encourage teamwork and discussion. Additionally, the digital forensic laboratory will provide administrative offices for faculty and staff to manage operations and research projects. 

end