title
PROPOSED LEASE AGREEMENT
Department: Real Estate Management
Request: Approval of a Lease Agreement
Landlord: County of Cook
Tenant: State of Illinois, Department of Central Management Services, Illinois Department of Children and Family Services (DCFS)
Location: 2245 West Ogden, third floor, Chicago, Illinois
Term/Extension Period: 12/1/2013 to 11/30/2018
Space Occupied: 17,415 Square Feet
Monthly Rent:
Lease Year Rent (psf) Annual Rent Monthly Rent
1 $18.87 $328,621.05 $27,385.08
2 $18.87 $328,621.05 $27,385.08
3 $19.25 $335,238.72 $27,936.56
4 $19.25 $335,238.72 $27,936.56
5 $19.63 $341,856.48 $28,488.04
Fiscal Impact: Revenue Generating
Accounts: N/A
Option to Renew: N/A
Termination: By Tenant with 120 days prior written notice Landlord
Utilities Included: Yes
Summary/Notes: Improvements: The County is providing repainting, carpet cleaning and some replacement of carpet in the Premises.end