title
PROPOSED LEASE AMENDMENT
Department: Department of Real Estate Management
Request: To approve a Seventh (7th) Amendment to a Lease
Landlord: County of Cook
Tenant: Catholic Charities of the Archdiocese of Chicago
Location: Cook County Courthouses in the 2nd, 3rd, 4th, 5th and 6th Districts
Term/Extension Period: October 1, 2020 until September 30, 2022
Space Occupied: See table below
Monthly Rent:
Building Annual Base Rent Monthly Base Rent
2nd District: 1,324 square feet
10/1/20-9/30/21 @ $12.89 $17,066.40 $1,422.20
10/1/21-9/30/22 @ $13.28 $17,582.76 $1,465.23
10/1/22-9/30/23 @ $13.68 $18,112.32 $1,509.36
3rd District: 2,600 square feet
10/1/20-9/30/21 @ $12.89 $33,513.96 $2,792.83
10/1/21-9/30/22 @ $13.28 $34,527.96 $2,877.33
10/1/22-9/30/22 @ $12.68 $35,568.00 $2,964.00
4th District: 820 square feet
10/1/20-9/30/21 @ $12.89 $10,569.84 $880.82
10/1/21-9/30/22 @ $13.28 $10,889.64 $907.47
10/1/22-9/30/22 @ $12.68 $11,217.60 $934.80
5th District: 3,620 square feet
10/1/20-9/30/21 @ $12.89 $46,661.76 $3,888.48
10/1/21-9/30/22 @ $13.28 $48,073.56 $4,006.13
10/1/22-9/30/22 @ $12.68 $49,521.60 $4,126.80
6th District: 2,760 square feet
10/1/20-9/30/21 @ $12.89 $35,576.40 $2,964.70
10/1/21-9/30/22 @ $13.28 $36,652.80 $3,054.40
10/1/22-9/30/22 @ $12.68 $37,756.80 $3,164.40
Fiscal Impact: Revenue Generating
Accounts: N/A
Option to Renew: One, one-year option to renew
Termination: 120-days written notice, either party
Utilities Included: Yes
Summary: To approve a Seventh Amendment to a Lease with Catholic Charities of the Archdiocese of Chicago so that Central State Institute of Addiction may provide services to the District Courthouses. Approval is recommended.
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