Board of Commissioners of Cook County - File #: 23-1269

• File #: 23-1269
• Version: 1
• Name: Commissioner Sean Morrison District Office Lease
• Type: Lease Agreement
• Status: Approved
• File created: 1/31/2023
• 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 Lease Agreement Landlord: Ravinia Woods Management, LP Tenant: County of Cook, for the use of Commissioner Sean Morrison's 17th District Office Location: 15040 Ravinia Avenue, Suite 44, Orland Park, Illinois 60462 Term/Extension Period: 12/01/2022-11/30/2026 Space Occupied: 881 square feet Monthly Rent: 12/1/2022 - 3/31/2023: $1910.00 per month 4/1/2023 - 10/31/2023: $1,948.00 per month 11/1/2023 - 11/30/2024: $1,974.00 per month 12/1/2024 - 11/30/2025: $2,013.00 per month 12/1/2025 - 11/30/2026: $2,074.00 per month Fiscal Impact: FY 2023-2026 $95,709.00 (term of lease) Accounts: 11000.1097.19240.550130.00000.00000 Option to Renew: N/A Termination: By Tenant with ninety (90) days prior written notice Utilities Included: Separately metered and paid by Tenant Summary/Notes: Requesting approval of a Lease at 15040 Ravinia Avenue...
• Indexes: ELIZABETH GRANATO, Chief, Bureau of Asset Management

Date	Ver.	Action By	Motion	Result
2/9/2023	1	Board of Commissioners	approve	Pass

title

PROPOSED LEASE AGREEMENT

Department:  Department of Real Estate Management

Request:  Request to Approve Lease Agreement

Landlord:  Ravinia Woods Management, LP  

Tenant:  County of Cook, for the use of Commissioner Sean Morrison’s 17^th District Office 

Location:  15040 Ravinia Avenue, Suite 44, Orland Park, Illinois 60462  

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

Space Occupied:  881 square feet  

Monthly Rent: 

12/1/2022 - 3/31/2023: $1910.00 per month

4/1/2023 - 10/31/2023: $1,948.00 per month

11/1/2023 - 11/30/2024: $1,974.00 per month

12/1/2024 - 11/30/2025: $2,013.00 per month

12/1/2025 - 11/30/2026: $2,074.00 per month 

Fiscal Impact:  FY 2023-2026 $95,709.00 (term of lease)  

Accounts:  11000.1097.19240.550130.00000.00000  

Option to Renew:  N/A

Termination:  By Tenant with ninety (90) days prior written notice

Utilities Included:  Separately metered and paid by Tenant  

Summary/Notes:  Requesting approval of a Lease at 15040 Ravinia Avenue, Suite 44, Orland Park, Illinois 60462 for the use of Commissioner Sean Morrison’s 17^th District Office.

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