File #: 23-5304    Version: 1 Name: UCAN Lease Amendment
Type: Lease Agreement Amendment Status: Approved
File created: 10/11/2023 In control: Asset Management, Bureau of
On agenda: 10/19/2023 Final action: 10/19/2023
Title: PROPOSED LEASE AMENDMENT Department: Department of Real Estate Management Request: Request to Approve Fourth Amendment to Lease Agreement Landlord: UCAN, an Illinois not-for-profit corporation Tenant: County of Cook Location: 3605 W. Fillmore, Chicago, Illinois Term/Extension Period: 11/1/2023 - 10/31/2026 Space Occupied: 2,976 sq. ft. Monthly Rent: $12,000.00 annually Fiscal Impact: $36,000.00 (term of lease) Accounts: 11100.1300.14185.550130.00000.00000 Option to Renew: Two (2), one (1) year renewal options Termination: Sixty (60) days' written notice to Landlord. Utilities Included: Yes Summary: Requesting approval of a fourth lease amendment between UCAN, an Illinois not-for-profit corporation as Landlord, and County of Cook, a body corporate and politic of the State of Illinois, as Tenant for space consisting of approximately 2,976 square feet on the first floor in the building located at 3605 W. Fillmore Street, Chicago, Illinois. Th...
Indexes: (Inactive) QUINCE BRINKLEY, Director, Real Estate Management

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PROPOSED LEASE AMENDMENT

 

Department:  Department of Real Estate Management 

 

Request:  Request to Approve Fourth Amendment to Lease Agreement

 

Landlord:  UCAN, an Illinois not-for-profit corporation 

 

Tenant:  County of Cook  

 

Location:  3605 W. Fillmore, Chicago, Illinois 

 

Term/Extension Period:  11/1/2023 - 10/31/2026  

 

Space Occupied:  2,976 sq. ft.

 

Monthly Rent:  $12,000.00 annually

 

Fiscal Impact:  $36,000.00 (term of lease)

 

Accounts:  11100.1300.14185.550130.00000.00000

 

Option to Renew:  Two (2), one (1) year renewal options 

 

Termination:  Sixty (60) days’ written notice to Landlord. 

 

Utilities Included:  Yes 

 

Summary: Requesting approval of a fourth lease amendment between UCAN, an Illinois not-for-profit corporation as Landlord, and County of Cook, a body corporate and politic of the State of Illinois, as Tenant for space consisting of approximately 2,976 square feet on the first floor in the building located at 3605 W. Fillmore Street, Chicago, Illinois. This is a slight change from the area stipulated in the original lease dated September 28, 2017, but offers superior utility.  The use of the space is for the Restorative Justice Community Court, providing defendants and victims the ability to work together within the community to redress the harm caused by the crime.

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