Board of Commissioners of Cook County - File #: 17-5445

• File #: 17-5445
• Version: 1
• Name: Illinois Medical District, 13th and Hastings, Chicago, Illinois
• Type: Lease Agreement Amendment
• Status: Approved
• File created: 9/21/2017
• In control: Board of Commissioners
• On agenda: 11/15/2017
• Final action: 11/15/2017
• Title: PROPOSED LEASE AMENDMENT Department: Department of Real Estate Management Request: Approval of a 1st Amendment to a Lease Landlord: Illinois Medical District Tenant: County of Cook Location: 13th and Hastings, Chicago, Illinois Term/Extension Period: 11/1/2017 - 10/31/2019 Space Occupied: approx. 2.25 acres Monthly Rent: $4,950.00 Fiscal Impact: FY 2017 $4,950.00; FY 2018 $54,450.00; FY 2019 $59,400.00 Accounts: 890-660 Rental of Facilities Option to Renew: Two (Two Year Options) Termination: 180 days Utilities Included: No, CCHHS shall provide and pay for any and all utilities for the said Premises, at its sole expense. Summary: This agreement is for the use of the Premises bounded by 13th Street on the North, Hastings Street on the South, a parking lot on the East and Leavitt Street on the West in Chicago, Illinois commonly known as Block 113, approximately 2.25 acres for the limited purpose of vehicle parking necessitated by CCHHS...
• Indexes: (Inactive) JESSICA CAFFREY, Director, Real Estate Management Division, (Inactive) JOHN JAY SHANNON, MD, Chief Executive Officer, Cook County Health & Hospitals System

Date	Ver.	Action By	Motion	Result
11/15/2017	1	Board of Commissioners	approve	Pass

title

PROPOSED LEASE AMENDMENT

Department:  Department of Real Estate Management 

Request:  Approval of a 1^st Amendment to a Lease  

Landlord:  Illinois Medical District   

Tenant:  County of Cook  

Location:  13^th and Hastings, Chicago, Illinois  

Term/Extension Period:  11/1/2017 - 10/31/2019  

Space Occupied:  approx. 2.25 acres 

Monthly Rent:  $4,950.00

Fiscal Impact:  FY 2017 $4,950.00; FY 2018 $54,450.00; FY 2019 $59,400.00

Accounts:  890-660 Rental of Facilities

Option to Renew:  Two (Two Year Options)

Termination:  180 days 

Utilities Included:  No, CCHHS shall provide and pay for any and all utilities for the said Premises, at its sole expense. 

Summary: This agreement is for the use of the Premises bounded by 13^th Street on the North, Hastings Street on the South, a parking lot on the East and Leavitt Street on the West in Chicago, Illinois commonly known as Block 113, approximately 2.25 acres for the limited purpose of vehicle parking necessitated by CCHHS.

end