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PROPOSED LEASE AGREEMENT
Department: Department of Real Estate Management
Request: Request to Approve New Lease
Landlord: Galewood Plaza LLC
Tenant: County of Cook, for the Use of Commissioner Brandon Johnson
Location: 6614 W. North Avenue, Chicago, Illinois
Term/Extension Period: 2/1/2019-11/30/2022
Space Occupied: 1,100 Sq. Ft.
Monthly Rent: $1,633.33
Fiscal Impact: FY19-22 $71,866.52
FY19-22 CAM $40,333.00
Accounts: 11000.1081.14040.550130 - Facility and Office Space Rental
Option to Renew: N/A
Termination: By Tenant with sixty days prior written notice, provided unamortized cost of improvements is paid upon termination which totals $22,985.00 or approximately $499.67 per month.
Utilities Included: Not included.
Summary/Notes: Requesting approval of new Lease at 6614 W. North Avenue, Chicago, Illinois, for the use of Commissioner Brandon Johnson’s 1st District field office.
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