File #: 18-6785    Version: 1 Name: Eighteenth Street LLC Lease 5912 W. Cermak Road, Cicero, Illinois
Type: Lease Agreement Status: Approved
File created: 10/31/2018 In control: Board of Commissioners
On agenda: 11/14/2018 Final action: 11/14/2018
Title: PROPOSED LEASE AGREEMENT Department: Department of Real Estate Management Request: Request to Approve New Lease Landlord: Eighteenth Street LLC Tenant: County of Cook Location: 5912 W. Cermak Road, Cicero, Illinois Term/Extension Period: 1/1/2018 - 11/31/2019 Space Occupied: Approximately 7,500 sq. ft. Monthly Rent: $15,039.08 Fiscal Impact: FY19 $180,468.96 Accounts: 1893-660 Rental of Facilities Option to Renew: N/A Termination: The County may terminate this lease at any time upon not less than one hundred twenty (120) days written notice to landlord. Utilities Included: No Summary/Notes: Cook County Health and Hospitals System will utilize this space as a Clinic to serve the residents of Cook County
Indexes: (Inactive) JESSICA CAFFREY, Director, Real Estate Management Division

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PROPOSED LEASE AGREEMENT

 

Department:  Department of Real Estate Management

 

Request:  Request to Approve New Lease

 

Landlord:  Eighteenth Street LLC  

 

Tenant:  County of Cook  

 

Location:  5912 W. Cermak Road, Cicero, Illinois

 

Term/Extension Period:  1/1/2018 - 11/31/2019 

 

Space Occupied:  Approximately 7,500 sq. ft. 

 

Monthly Rent:  $15,039.08

 

Fiscal Impact:  FY19 $180,468.96  

 

Accounts:  1893-660 Rental of Facilities

 

Option to Renew:  N/A  

 

Termination:  The County may terminate this lease at any time upon not less than one hundred twenty (120) days written notice to landlord.

 

Utilities Included:  No  

 

Summary/Notes:  Cook County Health and Hospitals System will utilize this space as a Clinic to serve the residents of Cook County

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