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PROPOSED LEASE AGREEMENT
Department: Department of Real Estate Management
Request: Request to Approve Lease Agreement
Landlord: County of Cook, a body politic and corporate
Tenant: Forest Preserves of Cook County
Location: 4545 W. Cermak Road, Chicago, Illinois 60623
Term/Extension Period: 6/15/2023 - 6/14/2024
Space Occupied: Approximately 7,685 Square Feet
Monthly Rent: $1.00 for term of lease
Fiscal Impact: Revenue Generating
Accounts: N/A
Option to Renew: None
Termination: Ten (10) Days Written Notice
Utilities Included: N/A
Summary/Notes: Requesting approval of a lease agreement between the County of Cook, a body politic and corporate as Landlord, and the Forest Preserve District of Cook County, an Illinois Special District as Tenant, for the use of approximately 7,685 sq. ft. of building area in the property located at 4545 W. Cermak Rd, Chicago, IL 60623.
The Forest Preserves will use the premises for temporary storage of furniture, fixtures, equipment and records relating to temporary relocation of staff at the Forest Preserves General Headquarters in River Forest, Illinois, during construction to replace all heating, ventilation and other mechanical systems.
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