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PROPOSED LICENSE AGREEMENT
Department: Department of Real Estate Management
Request: Request to Enter License Agreement on Behalf of Cook County Sheriff’s Office (CCSO)
Licensor: Water Tower OWNER, LLC, a Delaware Limited Liability Company,
Licensee: Cook County Sheriff’s Office
Location: 835 N. Michigan Avenue, Chicago, Illinois 60611
Term/Extension Period: 8/1/2024 - 7/31/2025
Space Occupied: 2,100 square feet
Monthly Rent: $0.00
Fiscal Impact: None
Accounts: N/A
Option to Renew: N/A
Termination: Either party may terminate, at will and without cause, upon thirty (30) days written notice.
Utilities Included: Yes
Summary/Notes: On behalf of the Cook County Sheriff’s Office, the Department of Real Estate Management is requesting approval of a new License Agreement between Water Tower OWNER, LLC, a Delaware Limited Liability Company, as Licensor, and Cook County Sheriff’s Office, as Licensee, for approximately 2,100 square feet of space on the mezzanine level of the shopping center, suite 1070, known as the Water Tower Place, located at 835 N. Michigan Avenue, Chicago, Illinois 60611. The use is for Cook County Sheriff’s Office to support the Chicago Police Department in certain areas of Chicago that have been experiencing a surge in crime.
The proposed License Agreement will provide a location identified by the Cook County Sheriff’s Office from which the office can establish a presence for its Organized Retail Theft and Police Retail Crime Investigation Teams to reduce theft and other crimes on Michigan Avenue. Additionally, the location will accommodate officers from various CCSO departments, including the Cook County Sheriff’s Community Safety Team; furthermore, CCSO expects this agreement will support the expansion of the Data Driven Strategy Team and will facilitate the full-time engagement of the Traumatic Response Team and other CCSO community development personnel.
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