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PROPOSED LEASE AMENDMENT
Department: Department of Real Estate Management
Request: Request to Approve First Amendment to Lease Agreement
Landlord: LW - ARLINGTON, LLC
Tenant: County of Cook, a body corporate and politic of the State of Illinois (On behalf of Cook County Health)
Location: 3250 N. Arlington Heights Rd., Arlington Heights, Illinois
Term/Extension Period:
1,767 sq. ft. (2/1/26-4/30/2033)
24,948 sq. ft. (2/1/2029-4/30/2033)
Space Occupied:
1,767 sq. ft. (Expansion space)
24,948 sq. ft. (Current space)
Total: 26,715 sq. ft.
Monthly Rent:
Term Rental Rate Monthly Rent Annual Estimated Estimated Annually
Base Rent Abatement Base Rent Annual Annual
Operating Taxes
Expense
2/1/2026-
1/31/2027 $19.50 $2,871.38 $34,456.50 $741.81 $6,366.12 $41,564.43
2/1/2027-
1/31/2028 $20.00 $2,945.00 ($2,797.75) $35,340.00 $764.07 $6,557.11 $39,863.42
2/1/2028-
1/31/2029 $20.50 $3,018.63 ($2,797.75) $36,223.50 $786.99 $6,753.82 $40,966.56
2/1/2029-
1/31/2030 $21.00 $46,751.25 ($2,797.75) $561,015.00 $12,209.63 $104,781.28 $675,208.16
2/1/2030-
1/31/2031 $21.50 $47,864.38 $574,372.50 $12,575.92 $107,924.71 $694,873.14
2/1/2031-
1/31/2032 $22.00 $48,977.50 $587,730.00 $12,953.20 $111,162.46 $711,845.65
2/1/2032-
1/31/2033 $22.50 $50,090.63 $601,087.50 $13,341.79 $114,497.33 $728,926.62
2/1/2033-
4/30/2033 $23.00 $12,800.94 $153,611.25 $3,435.51 $29,483.06 $186,529.82
Total ($8,393.25) $2,583,836.25 $56,808.92 $487,525.88 $3,119,777.80
Fiscal Impact: $3,119,777.80
Accounts: 41215.4893.18959.550130
Option to Renew: N/A
Termination: N/A
Utilities Included: Yes
Summary: Requesting approval of the First Lease Amendment between LW - ARLINGTON, LLC (as landlord), and the County of Cook, a body corporate and politic of the State of Illinois (as tenant), on behalf of Cook County Health (CCH). The property is located on the first floor at 3250 N. Arlington Heights Rd., Arlington Heights, IL.
This First Lease Amendment will extend CCH’s tenancy, allowing it to continue its healthcare operations for an additional four (4) years and two (2) months beyond its current lease term. Also, the additional 1,767 sq. ft. will enable CCH to offer imaging services, for the next seven (7) years and two (2) months, beginning February 1, 2026.
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