File #: 19-4082    Version: 1 Name: Theodore London, Landlord Commissioner Moore's Fourth District Office Lease
Type: Lease Agreement Status: Approved
File created: 6/13/2019 In control: Board of Commissioners
On agenda: 6/27/2019 Final action: 6/27/2019
Title: PROPOSED LEASE AGREEMENT Department: Department of Real Estate Management Request: To approve lease for office space for Commissioner Moore in the Fourth District Landlord: Theodore London Tenant: County of Cook, for the use of Commissioner Stanley Moore's Fourth District Office Location: 1720 E. 87th Street, Chicago, Illinois 60617 Term/Extension Period: 7/1/2019 - 11/30/2022 Space Occupied: 1,587 (approximately) Monthly Rent: $1,250.00 plus $150.00 per month for 40 months for Tenant Improvements Fiscal Impact: $57, 250.00 Accounts: 11000.1084.550130 Facility & Office Space Rental Option to Renew: NA Termination: Allowable with 60-day notice. Utilities Included: No, utilities are split 50/50 with other tenant. Summary/Notes: Approval is recommended.
Indexes: (Inactive) JESSICA CAFFREY, Director, Real Estate Management Division

title

PROPOSED LEASE AGREEMENT

 

Department:  Department of Real Estate Management

 

Request:  To approve lease for office space for Commissioner Moore in the Fourth District

 

Landlord:  Theodore London

 

Tenant:  County of Cook, for the use of Commissioner Stanley Moore’s Fourth District Office 

 

Location:  1720 E. 87th Street, Chicago, Illinois 60617  

 

Term/Extension Period:  7/1/2019 - 11/30/2022  

 

Space Occupied:  1,587 (approximately)  

 

Monthly Rent:  $1,250.00 plus $150.00 per month for 40 months for Tenant Improvements

 

Fiscal Impact:  $57, 250.00

 

Accounts:  11000.1084.550130 Facility & Office Space Rental

 

Option to Renew:  NA

 

Termination:  Allowable with 60-day notice.

 

Utilities Included:  No, utilities are split 50/50 with other tenant.

 

Summary/Notes:  Approval is recommended.

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