File #: 23-0795    Version: 1 Name: Commissioner Quezada District Office Lease Agreement
Type: Lease Agreement Status: Approved
File created: 1/3/2023 In control: Board of Commissioners
On agenda: 2/9/2023 Final action: 2/9/2023
Title: PROPOSED LEASE AGREEMENT Department: Department of Real Estate Management Request: Request to Approve New Lease Agreement Landlord: MAYNARD- 2934 N. MILWAUKEE LLC, a Delaware limited liability company, and C-K SUN VALLEY LLC, a Delaware limited liability company, collectively Tenant: County of Cook, for the use of Anthony J. Quezada's 8th District Office, shared with 35th Ward Alderman Carlos Ramirez-Rosa Location: 2934 N. Milwaukee Avenue, Unit C, Chicago, Illinois 60618 Term/Extension Period: 12/1/2022 03/01/2023-11/30/2026 Space Occupied: Approximately 1,726 square feet (shared with 35th Ward Alderman) Monthly Rent: $791.08 (1/2 of $1,582.17 plus $300.00 per month for two parking spaces) Fiscal Impact: FY 2023-2026 $36,389.68 $49,098.00 (term of lease) Accounts: 11000.1088.13185.550130 Option to Renew: N/A Termination: Allowable with sixty (60) days notice Utilities Included: Water included, gas and electric paid separately Summary...
Indexes: ELIZABETH GRANATO, Chief, Bureau of Asset Management

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PROPOSED LEASE AGREEMENT

 

Department:  Department of Real Estate Management

 

Request:  Request to Approve New Lease Agreement

 

Landlord:  MAYNARD- 2934 N. MILWAUKEE LLC, a Delaware limited liability company, and C-K SUN VALLEY LLC, a Delaware limited liability company, collectively 

 

Tenant:  County of Cook, for the use of Anthony J. Quezada’s 8th District Office, shared with 35th Ward Alderman Carlos Ramirez-Rosa  

 

Location:  2934 N. Milwaukee Avenue, Unit C, Chicago, Illinois 60618  

 

Term/Extension Period:  12/1/2022 03/01/2023-11/30/2026 

 

Space Occupied:  Approximately 1,726 square feet (shared with 35th Ward Alderman)  

 

Monthly Rent:  $791.08 (1/2 of $1,582.17 plus $300.00 per month for two parking spaces)

 

Fiscal Impact:  FY 2023-2026 $36,389.68 $49,098.00 (term of lease)  

 

Accounts:  11000.1088.13185.550130

 

Option to Renew:  N/A

 

Termination:  Allowable with sixty (60) days notice 

 

Utilities Included:  Water included, gas and electric paid separately  

 

Summary/Notes:  Requesting approval of a Lease at 2934 N. Milwaukee Avenue, Unit C, Chicago, IL 60618 for the use of Commissioner Anthony J. Quezada’s 8th District Office.

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