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PROPOSED LEASE AGREEMENT
Department: Department of Real Estate Management
Request: Request to Approve Lease Agreement
Landlord: Beta Properties LLC
Tenant: County of Cook, for the use of Commissioner Maggie Trevor’s 9th District Office
Location: 220 A Campbell Avenue, Arlington Heights, IL 60005
Term/Extension Period: 03/01/2023-11/30/2026
Space Occupied: Approximately 700 square feet
Monthly Rent: $1,950.00 (increasing by 3% annually for length of term)
Fiscal Impact: FY 2023-2026 $89,373.56 (term of lease)
Accounts: 11000.1089.16400.550130.00000.00000
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 220-A Campbell Avenue, Arlington Heights, IL 60005 for the use of Commissioner Maggie Trevor’s 9th District Office.
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