File #: 23-0794    Version: 1 Name: Josina Morita District Office Lease Agreement
Type: Lease Agreement Status: Approved
File created: 1/3/2023 In control: Board of Commissioners
On agenda: 1/26/2023 Final action: 1/26/2023
Title: PROPOSED LEASE AGREEMENT Department: Department of Real Estate Management Request: Request to Approve Lease Agreement Landlord: Golden Touch Realty Services, LLC d/b/a Keyrenter Property Management-Chicago North Tenant: County of Cook, for the use of Commissioner Josina Morita's 13th District Office Location: 908 Sherman Avenue, Evanston, Illinois 60202 Term/Extension Period: 01/27/2023-11/30/2026 Space Occupied: Approximately 775 square feet Monthly Rent: $1,450.00 with escalation of $50.00 per month on an annual basis Fiscal Impact: FY 2023-2026 $70,300 (term of lease) Accounts: 11000.1093.20225.550130 Option to Renew: N/A Termination: Allowable with sixty (60) day notice Utilities Included: Includes water, gas, and electric paid separately Summary/Notes: Requesting approval of a Lease Agreement at 908 Sherman, Avenue, Evanston, IL 60202 for the use of Commissioner Josina Morita's 13th District Office
Indexes: ELIZABETH GRANATO, Chief, Bureau of Asset Management

title

PROPOSED LEASE AGREEMENT

 

Department:  Department of Real Estate Management

 

Request:  Request to Approve Lease Agreement

 

Landlord:  Golden Touch Realty Services, LLC d/b/a Keyrenter Property Management-Chicago North 

 

Tenant:  County of Cook, for the use of Commissioner Josina Morita’s 13th District Office 

 

Location:  908 Sherman Avenue, Evanston, Illinois 60202 

 

Term/Extension Period:  01/27/2023-11/30/2026  

 

Space Occupied:  Approximately 775 square feet  

 

Monthly Rent:  $1,450.00 with escalation of $50.00 per month on an annual basis

 

Fiscal Impact:  FY 2023-2026 $70,300 (term of lease) 

 

Accounts:  11000.1093.20225.550130 

 

Option to Renew:  N/A 

 

Termination:  Allowable with sixty (60) day notice 

 

Utilities Included:  Includes water, gas, and electric paid separately   

 

Summary/Notes:  Requesting approval of a Lease Agreement at 908 Sherman, Avenue, Evanston, IL 60202 for the use of Commissioner Josina Morita’s 13th District Office

end