| Addresses Associated with this Lease |
| Address | City, State, Zip | Property Name | Long Name | Address Detail |
|
24 W Walton St
|
Chicago IL 60610
|
Ogden Elementary
|
William B Ogden Elementary School
|
View
|
|
|
| Description: |
Rental or parking garage
|
| Lease or License Type: |
Parking
|
| Lessor or Licensor: |
CPS
|
| Lessee or Licensee: |
Gibsons, LLC
|
| Board Report: |
n/a
|
| Effective Date: |
08/01/2025
|
| Termination Date: |
07/31/2034
|
| Annual Rent: |
See below
|
| Maintenance: |
Licensee
|
| Capital Improvements |
n/a
|
| Utilities: |
CPS
|
| Other Expenses: |
|
| Notes |
Monday through Friday - 5 pm until 7 am //
Saturday, Sunday, holidays - 24 hours //
When School is not in session - 24 hours //
Term and monthly rent
8/1/25 to 7/31/27 - $22,000.00
8/1/27 to 7/31/29 - $23,100.00
8/1/29 to 7/31/31 - $24,255.00
8/1/31 to 7/31/33 - $25,467.75
8/1/33 to 7/31/34 - $26,741.14
|
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