File #: 20-0556    Version: 1 Name: Second Amendment for Lease at 4800 W Chicago with CCH as Tenant
Type: Lease Agreement Amendment Status: Approved
File created: 12/5/2019 In control: Board of Commissioners
On agenda: 12/19/2019 Final action: 12/19/2019
Title: PROPOSED LEASE AMENDMENT Department: Department of Real Estate Management Request: To approve Second Amendment to Lease Landlord: Westside Health Authority Tenant: County of Cook, Health and Hospital System Location: 4800 W Chicago Avenue, Chicago, Illinois 60651 Term/Extension Period: 1/1/2020 to 7/22/2024 Space Occupied: 1,814 square feet Monthly Rent: $3,389.16 for Year 2020; $3,473.81 for Year 2021; $3,559.98 for Year 2022; $3,649.16 for Year 2023; $3,739.86 for Year 2024 Fiscal Impact: $193,958.51 Accounts: 41215.4893.550130 Option to Renew: Option to renew for four (4) additional successive terms of five (5) years each Termination: NA Utilities Included: Not included Summary: Approval is recommended.
Indexes: (Inactive) JESSICA CAFFREY, Director, Real Estate Management Division

title

PROPOSED LEASE AMENDMENT

 

Department:  Department of Real Estate Management 

 

Request:  To approve Second Amendment to Lease

 

Landlord:  Westside Health Authority

 

Tenant:  County of Cook, Health and Hospital System

 

Location:  4800 W Chicago Avenue, Chicago, Illinois 60651

 

Term/Extension Period:  1/1/2020 to 7/22/2024

 

Space Occupied:  1,814 square feet

 

Monthly Rent:  $3,389.16 for Year 2020; $3,473.81 for Year 2021; $3,559.98 for Year 2022; $3,649.16 for Year 2023; $3,739.86 for Year 2024

 

Fiscal Impact:  $193,958.51

 

Accounts:  41215.4893.550130 

 

Option to Renew:  Option to renew for four (4) additional successive terms of five (5) years each

 

Termination:  NA

 

Utilities Included:  Not included

 

Summary:    Approval is recommended.

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