File #: 25-3718    Version: 1 Name: Commissioner Lowry District Office Lease
Type: Lease Agreement Status: Agenda Ready
File created: 9/3/2025 In control: Board of Commissioners
On agenda: 9/18/2025 Final action:
Title: PROPOSED LEASE AGREEMENT Department: Department of Real Estate Management Request: Request to Enter Lease Agreement Landlord: Lake Park L.L.C., an Illinois Limited Liability Company Tenant: County of Cook, on behalf of Commissioner Bill Lowry Location: 1332 East 47th Street, Chicago, Illinois 60653 Term/Extension Period: 7/1/2025 - 7/31/2030 Space Occupied: 250 sq. ft. Monthly Rent: $645.90 Fiscal Impact: $10,980.30 (term of lease) Accounts: 11000.1083.20220.550130.00000.00000 Option to Renew: N/A Termination: N/A Utilities Included: To be paid by tenant Summary/Notes: Requesting direct approval of a seventeen (17) month Lease between Lake Park LLC, an Illinois limited liability company (as Landlord), and the County of Cook, a body corporate and politic of the State of Illinois (as Tenant), to lease space at the Premises, located at 1332 East 47th Street, Chicago, Illinois 60653 for use by Commissioner Bill Lowry.
Indexes: JAMES ESSEX, Director, Real Estate Management
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PROPOSED LEASE AGREEMENT

 

Department:  Department of Real Estate Management

 

Request:  Request to Enter Lease Agreement

 

Landlord:  Lake Park L.L.C., an Illinois Limited Liability Company  

 

Tenant:  County of Cook, on behalf of Commissioner Bill Lowry 

 

Location:  1332 East 47th Street, Chicago, Illinois 60653 

 

Term/Extension Period:  7/1/2025 - 7/31/2030  

 

Space Occupied:  250 sq. ft.

 

Monthly Rent:  $645.90

 

Fiscal Impact:  $10,980.30 (term of lease)  

 

Accounts:  11000.1083.20220.550130.00000.00000    

 

Option to Renew:   N/A

 

Termination:  N/A 

 

Utilities Included:  To be paid by tenant 

 

Summary/Notes:  Requesting direct approval of a seventeen (17) month Lease between Lake Park LLC, an Illinois limited liability company (as Landlord), and the County of Cook, a body corporate and politic of the State of Illinois (as Tenant), to lease space at the Premises, located at 1332 East 47th Street, Chicago, Illinois 60653 for use by Commissioner Bill Lowry. 

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