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PROPOSED LICENSE AGREEMENT
Department: Department of Real Estate Management
Request: Request to Approve License Agreement
Licensor: County of Cook
Licensee: Energy Systems Group, LLC
Location: 701 S. Leavitt Street, Chicago, Illinois
Term/Extension Period: 4/16/2026 - 10/31/2026
Space Occupied: Approximately 20,500 sq. ft.
Monthly Rent: $1,615.38 (for April 2026) $3,230.77 (for remaining months until 10/31/2026)
Fiscal Impact: Revenue Generating ($21,000.00)
Accounts: 11000.1031.12275.407015.00000.00000
Option to Renew: N/A
Termination: Lessor may terminate the Agreement upon sixty (60) days’ written notice, subject to default provisions and other terms outlined in the Agreement.
Utilities Included: N/A
Summary/Notes: Requesting approval to enter into a license agreement between the County of Cook, as Lessor, and Energy Systems Group, LLC, an Indiana Limited Liability Company, as Lessee, to permit the Lessee to utilize the site located at 701 S. Leavitt Street, Chicago, Illinois, for the purpose of parking personal vehicles, the placement of a construction trailer, and staging of construction materials.
The License Agreement allows the Lessee to use approximately 20,500 square feet of the unimproved section of the parking lot to support its construction-related operations.
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