File #: 24-4994    Version: 1 Name: Quezada Lease Amendment
Type: Lease Agreement Amendment Status: Approved
File created: 8/28/2024 In control: Board of Commissioners
On agenda: 10/10/2024 Final action: 10/10/2024
Title: PROPOSED LEASE AMENDMENT Department: Department of Real Estate Management Request: Request to Approve Fourth Amendment to Lease Agreement Landlord: Maynard - 2934 N. Milwaukee LLC, a Delaware limited liability company and C-K Sun Valley LLC, a Delaware limited liability company (Collectively the "Landlord") Tenant: The County of Cook, on Behalf of Commissioner Quezada, and Alderman Carlos Ramirez Rosa Location: 2934 N. Milwaukee Ave., Chicago, Illinois 60618 Term/Extension Period: 12/1/2026 - 5/31/2027 Space Occupied: 1,726 square feet of general office space Monthly Rent: $1,582.17 Fiscal Impact: NA Accounts: N/A Option to Renew: One (1), Six (6) month renewal option Termination: N/A Utilities Included: Yes Summary: The Department of Real Estate Management (DREM) is responding to Cook County Commissioner Quezada's request to modify his existing district office lease to include renewal language that will permit a six (6) month exten...
Indexes: JAMES ESSEX, Acting Director, Real Estate Management

title

PROPOSED LEASE AMENDMENT

 

Department:  Department of Real Estate Management

 

Request:  Request to Approve Fourth Amendment to Lease Agreement  

 

Landlord:  Maynard - 2934 N. Milwaukee LLC, a Delaware limited liability company and C-K Sun Valley LLC, a Delaware limited liability company (Collectively the "Landlord")   

 

Tenant:  The County of Cook, on Behalf of Commissioner Quezada, and Alderman Carlos Ramirez Rosa  

 

Location:  2934 N. Milwaukee Ave., Chicago, Illinois 60618

 

Term/Extension Period:  12/1/2026 - 5/31/2027   

 

Space Occupied:  1,726 square feet of general office space 

 

Monthly Rent:  $1,582.17

 

Fiscal Impact:  NA

 

Accounts:  N/A  

 

Option to Renew:  One (1), Six (6) month renewal option 

 

Termination:  N/A

 

Utilities Included:  Yes  

 

Summary: The Department of Real Estate Management (DREM) is responding to Cook County Commissioner Quezada's request to modify his existing district office lease to include renewal language that will permit a six (6) month extension of Term, after the lease expiration date of November 30, 2026.

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