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PROPOSED LEASE AGREEMENT
Department: Department of Real Estate Management
Request: Request to Approve New Lease Agreement
Landlord: Ringer Investments, LLC
Tenant: County of Cook, for the use of Commissioner Tara Stamps’ 1st District Office
Location: 6614 W. North Avenue, Chicago, Illinois 60707
Term/Extension Period: 8/1/2023 - 11/30/2026
Space Occupied: Approximately 1,100 Square Feet
Monthly Rent: $1,833.33, with 3% annual increases
Fiscal Impact: $76,013.13
Accounts: 11000.1081.14040.550130
Option to Renew: N/A
Termination: Allowable with sixty (60) days’ written notice
Utilities Included: Utilities and Common Area Maintenance to be Paid by Tenant
Summary/Notes: Requesting approval of a Lease Agreement at 6614 W. North Avenue Chicago, IL 60707 for the use of Commissioner Tara Stamps’ 1st District Office.
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