title
PROPOSED LEASE AMENDMENT
Department: Department of Real Estate Management
Request: Request to Approve First Amendment to Lease Agreement
Landlord: LW - ARLINGTON, LLC
Tenant: County of Cook, a body corporate and politic of the State of Illinois (On behalf of Cook County Health)
Location: 3250 N. Arlington Heights Rd., Arlington Heights, Illinois
Term/Extension Period:
1,767 2,430 sq. ft. (2/1/26 4/1/2026-4/30/2033)
24,948 sq. ft. (2/1/2029-4/30/2033)
Space Occupied:
1,767 2,430 sq. ft. (Expansion space)
24,948 sq. ft. (Current space)
Total: 26,715 27,378 sq. ft.
Monthly Rent:
Term Rental Rate Monthly Rent Annual Estimated Estimated Annually
Base Rent Abatement Base Rent Annual Annual
Operating Taxes
Expense
2/1/2026-
1/31/2027 $19.50 $2,871.38 $34,456.50 $741.81 $6,366.12 $41,564.43
2/1/2027-
1/31/2028 $20.00 $2,945.00 ($2,797.75) $35,340.00 $764.07 $6,557.11 $39,863.42
2/1/2028-
1/31/2029 $20.50 $3,018.63 ($2,797.75) $36,223.50 $786.99 $6,753.82 $40,966.56
2/1/2029-
1/31/2030 $21.00 $46,751.25 ($2,797.75) $561,015.00 $12,209.63 $104,781.28 $675,208.16
2/1/2030-
1/31/2031 $21.50 $47,864.38 $574,372.50 $12,575.92 $107,924.71 $694,873.14
2/1/2031-
1/31/2032 $22.00 $48,977.50 $587,730.00 $12,953.20 $111,162.46 $711,845.65
2/1/2032-
1/31/2033 $22.50 $50,090.63 $601,087.50 $13,341.79 $114,497.33 $728,926.62
2/1/2033-
4/30/2033 $23.00 $12,800.94 $153,611.25 $3,435.51 $29,483.06 $186,529.82
Total ($8,393.25) $2,583,836.25 $56,808.92 $487,525.88 $3,119,777.80
Term Rental SF Monthly Rent Annual Estimated Estimated Annually
Rate Base Rent Abatement Base Rent Annual Annual
Operating Taxes
Expense
4/1/2026-
11/30/2026 $19.50 2,430 $3,948.75 $31,590.00 $998.73 $8,553.60 $41,142.33
12/1/2026-
11/30/2027 $20.00 2,430 $4,050.00 ($4,050.00) $48,600.00 $1,028.69 $8,810.21 $54,388.90
12/1/2027-
11/30/2028 $20.50 2,430 $4,151.25 ($4,151.25) $49,815.00 $1,059.55 $9...
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