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PROPOSED LEASE AMENDMENT
Department: Department of Real Estate Management
Request: Approval of 7th Amendment to Lease
Landlord: County of Cook, a body politic and corporate
Tenant: CareCenter Pharmacy LLC
Location: 69 W. Washington Street, Chicago, Illinois-Pedway LL-12
Term/Extension Period: 01/01/2022-11/30/2022
Space Occupied: 1,565 sq. ft.
Monthly Rent: $3,912.50
Fiscal Impact: Revenue Generating
Accounts: N/A
Option to Renew: None
Termination: Either party shall have the option for termination upon giving ninety (90) days’ written notice specifying the effective date of such termination, provided the Tenant’s Pharmacy Benefit Contract, Cook County Contract Number 04-410875, is terminated prior to November 30, 2022.
Utilities Included: Heat and Water
Summary: Requesting approval of a lease amendment between County of Cook, a body politic and corporate, as Landlord and CareCenter Pharmacy, LLC in the building located at 69 W. Washington Street, LL-12, Chicago, IL. The tenant is an affiliate of the entity currently under contract to provide the County’s prescription benefits. The extension is coterminous with the current County prescription benefit contract.
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