File #: 19-3464    Version: 1 Name: 5003 W. Fullerton Ave., Chicago, Illinois 60639
Type: Lease Agreement Status: Approved
File created: 5/7/2019 In control: Board of Commissioners
On agenda: 5/23/2019 Final action: 5/23/2019
Title: PROPOSED LEASE AGREEMENT Department: Department of Real Estate Management Request: To approve lease for Commissioner Arroyo's Eighth District office Landlord: Hispanic Management Organization, Inc. Tenant: County of Cook Location: 5003 W. Fullerton Ave., Chicago, Illinois 60639 Term/Extension Period: 5/1/2019 - 5/31/2020 Space Occupied: 1,100 (approximately) Monthly Rent: $1,500.00 Fiscal Impact: $19,500.00 Accounts: 11000.1088.13185.550130 Option to Renew: NA Termination: Allowable with 60-day notice. Utilities Included: Gas and electric are separately metered and split 50/50 among tenants. Summary/Notes: Lease is for Commissioner Arroyo's Eighth District office and approval is recommended.
Indexes: (Inactive) JESSICA CAFFREY, Director, Real Estate Management Division

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PROPOSED LEASE AGREEMENT

 

Department:  Department of Real Estate Management

 

Request:  To approve lease for Commissioner Arroyo’s Eighth District office

 

Landlord:  Hispanic Management Organization, Inc.  

 

Tenant:  County of Cook  

 

Location:  5003 W. Fullerton Ave., Chicago, Illinois 60639  

 

Term/Extension Period:  5/1/2019 - 5/31/2020  

 

Space Occupied:  1,100 (approximately) 

 

Monthly Rent:  $1,500.00

 

Fiscal Impact:  $19,500.00  

 

Accounts:  11000.1088.13185.550130

 

Option to Renew:  NA  

 

Termination:  Allowable with 60-day notice.  

 

Utilities Included:  Gas and electric are separately metered and split 50/50 among tenants. 

 

Summary/Notes: Lease is for Commissioner Arroyo’s Eighth District office and approval is recommended.

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