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PROPOSED LEASE AMENDMENT
Department: Department of Real Estate Management
Request: To approve First Amendment of Intergovernmental Lease Agreement
Landlord: County of Cook
Tenant: Illinois Department of Children and Family Services
Location: 2245 W Ogden, Chicago, Portion of 3rd floor
Term/Extension Period: 12/1/2018 - 11/30/2023
Space Occupied: 17,415 square feet
Monthly Rent: $28,488.04 with 2% escalations every other year
Fiscal Impact: $1,750,381.65 Revenue Generating
Accounts:
Option to Renew: NA
Termination: Either party may terminate with 180 days prior written notice.
Utilities Included: Yes
Summary: Approval is recommended.
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