Lease Detail

Return to Lease List

Addresses Associated with this Lease
AddressCity, State, ZipProperty NameLong NameAddress Detail
2450 S State St Chicago IL 60616 Near South High School Future site of new Near South High School View
Lease Information
Description: Ground lease for future Near South High School
Lease or License Type: IGA
Lessor or Licensor: Chicago Housing Authority
Lessee or Licensee: Board of Education of the City of Chicago
Board Report: 22-0928-OP7-2; 23-0125-AR1 #18
Effective Date: 04/03/2023
Termination Date: 04/02/2078
Annual Rent: None*
Maintenance: CPS Responsible
Capital Improvements CPS Responsible
Utilities: CPS Responsible
Other Expenses:
Notes *In lieu of rent, Board has purchased 2240 S Wabash Ave & 2300-32 S Wabash Ave as a replacement site for CHA. PINs: 17-27-100-012 17-27-108-006 through -012, -016 & -017 (2) 20 year renewals, the first is automatic
File Attachments