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PROPOSED LEASE AMENDMENT
Department: Department of Real Estate Management
Request: Request to Renew Lease Agreement
Landlord: County of Cook
Tenant: RML Health Providers Limited Partnership
Location: 5601 South County Line Road, Hinsdale, Illinois
Term/Extension Period: 12/1/2026 - 5/31/2032
Space Occupied: 148,532 sq. ft.
Monthly Rent: None
Fiscal Impact: None
Accounts: N/A
Option to Renew: There are four (4), five (5) year renewal options remaining
Termination: N/A
Utilities Included: N/A
Summary: Requesting approval of a Fourth Amendment to the lease between County of Cook, a body corporate and politic of the State of Illinois (Landlord), and RML Health Providers Limited Partnership, an Illinois limited partnership (Tenant).
Presently, the County leases approximately 148,532 sq. ft. to RML Health Providers, for the purpose of providing general medical services, from the County owned facility, located at 5601 S. County Line Road, Hinsdale, IL. If approved, this Fourth Amendment will waive the County’s requirement for RML Health Providers to maintain its not-for-profit designation throughout its remaining lease term; furthermore, the County will permit RML to partner with and/or assign its leasehold interest to for-profit organizations; however, any assignment will trigger the alignment of base rental rates with fair market value, at the time of the assignment.
Approval is recommended.
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