CPS Property and Lease Information

Addresses Associated with this Lease

Address	City, State, Zip	Property Name	Long Name	Address Detail
1915 S Federal St	Chicago IL 60616	South Loop Branch	South Loop Elementary School Branch	View

Lease Information

Description:	Ground lease for Perspectives Charter School (adjacent school building)
Lease or License Type:	Charter
Lessor or Licensor:	CPS
Lessee or Licensee:	Perspectives Charter School
Board Report:
Effective Date:	08/01/2002
Termination Date:	06/30/2042
Annual Rent:	$1.00
Maintenance:	Lessee
Capital Improvements	Lessee
Utilities:	Lessee
Other Expenses:	N/A
Notes	Rent will increase to $250,000 per year in 2034

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