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PROPOSED LEASE AGREEMENT
Department: Department of Real Estate Management
Request: Request to Approve Lease Agreement
Landlord: Mega Realty LLC
Tenant: Cook County, for the use of Commissioner Bridget Degnen’s 12th District Office
Location: 4547 N. Milwaukee Avenue, Chicago, Illinois 60641
Term/Extension Period: 02/01/2023-11/30/2026
Space Occupied: Approximately 1,221 square feet
Monthly Rent: $1,700.00 with escalation of $50 per month on an annual basis
Fiscal Impact: FY 2023-2026 $81,800 (total for term of lease)
Accounts: 11000.1092.20440.550130
Option to Renew: N/A
Termination: Allowable with sixty (60) days notice
Utilities Included: Includes water and gas. Electric paid separately.
Summary/Notes: Requesting approval of a Lease Agreement at 4347 N. Milwaukee Ave, Chicago, IL 60641 for the use of Commissioner Bridget Degnen’s 12th District Office.
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