File #: 25-1588    Version: 1 Name: Westside Health Lease Amendment
Type: Lease Agreement Amendment Status: Held / Deferred in Committee
File created: 2/25/2025 In control: Asset Management Committee
On agenda: 3/13/2025 Final action:
Title: PROPOSED LEASE AMENDMENT Department: Department of Real Estate Management Request: Request to Approve Lease Agreement Amendment Landlord: Westside Health Authority Tenant: County of Cook, for use by Cook County Health (CCH) Location: 4800 W. Chicago Avenue, Chicago, Illinois 60651 Term/Extension Period: 4/23/2025 - 7/22/2029 Space Occupied: 14,960 sq. ft. Monthly Rent: Lease Year Annual Base Rent Estimated CAM/Taxes Total Est. Rent 1.5% Escalation 3% Escalation 4/23/25 to 7/22/25 $7,192.58 $3,728.90 $10,921.48 7/23/25 to 7/22/26 $29,201.85 $15,363.15 $44,565.00 7/23/26 to 7/22/27 $29,639.88 $15,824.02 $45,463.90 7/23/27 to 7/22/28 $30,084.48 $16,298.74 $46,347.22 7/23/28 to 7/22/29 $30,535.75 $16,787.67 $47,323.42 Total Fiscal Impact $126,654.54 $68,002.48 $194,621.02 Fiscal Impact: $194,621.02 (Term of Lease) Accounts: 41215.4893.10700.550130 Option to Renew: N/A Termination: N/A Utilities Included: Paid by Tenant Summary: Requesting ...
Indexes: JAMES ESSEX, Director, Real Estate Management

title

PROPOSED LEASE AMENDMENT

 

Department:  Department of Real Estate Management

 

Request:  Request to Approve Lease Agreement Amendment

 

Landlord:  Westside Health Authority

 

Tenant:  County of Cook, for use by Cook County Health (CCH) 

 

Location:  4800 W. Chicago Avenue, Chicago, Illinois 60651

 

Term/Extension Period:  4/23/2025 - 7/22/2029   

 

Space Occupied:  14,960 sq. ft. 

 

Monthly Rent:  

Lease Year                     Annual Base Rent                     Estimated CAM/Taxes                      Total Est. Rent

                     1.5% Escalation                     3% Escalation

4/23/25 to 7/22/25                     $7,192.58                     $3,728.90                     $10,921.48

7/23/25 to 7/22/26                     $29,201.85                     $15,363.15                     $44,565.00

7/23/26 to 7/22/27                     $29,639.88                     $15,824.02                     $45,463.90

7/23/27 to 7/22/28                     $30,084.48                     $16,298.74                     $46,347.22

7/23/28 to 7/22/29                     $30,535.75                     $16,787.67                     $47,323.42

 

Total Fiscal Impact                     $126,654.54                     $68,002.48                     $194,621.02  

 

Fiscal Impact:  $194,621.02 (Term of Lease)

 

Accounts:  41215.4893.10700.550130 

 

Option to Renew:  N/A

 

Termination:  N/A

 

Utilities Included:  Paid by Tenant

 

Summary: Requesting approval to amend the existing lease agreement between Westside Health Authority, an Illinois not-for-profit corporation, (Landlord) and the County of Cook, a body corporate and politic, of the State of Illinois (Tenant). The existing lease is approximately 13,790 rentable square feet in the building, located at 4800 W. Chicago Avenue, Chicago, IL. 60651, commonly known as the Austin Wellness Center.

 

Hektoen Institute, LLC, an Illinois not-for-profit, provides HIV testing and occupies 1,170 rentable square feet in the Austin Wellness Center. Due to Hektoen’s funding challenges, Cook County Health (CCH) wants to ensure Hektoen’s viability by absorbing its real estate footprint. Hektoen’s lease expires February 28, 2025.

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