File #: 14-0052    Version: 1 Name: Lease Agreement DCFS @ JTDC
Type: Lease Agreement Status: Approved
File created: 11/15/2013 In control: Economic Development, Bureau of
On agenda: 12/4/2013 Final action: 12/4/2013
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 |109| $18.87 $328,621.05 $27,385.08 |109| $18.87 $328,621.05 $27,385.08 |109| $19.25 $335,238.72 $27,936.56 |109| $19.25 $335,238.72 $27,936.56 |109| $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 Pr...
Indexes: (Inactive) ANNA ASHCRAFT
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