| Addresses Associated with this Lease |
| Address | City, State, Zip | Property Name | Long Name | Address Detail |
|
2318 N Lorel Ave
|
Chicago IL 60639
|
Hanson Park Branch
|
Hanson Park Elementary School Branch
|
View
|
|
|
| Lease Information |
| Description: |
Hanson Park ES Branch at St. Stanislaus
|
| Lease or License Type: |
Board as tenant
|
| Lessor or Licensor: |
Archdiocese
|
| Lessee or Licensee: |
CPS
|
| Board Report: |
24-1212-OP1
|
| Effective Date: |
07/01/2025
|
| Termination Date: |
06/30/2035
|
| Annual Rent: |
See below
|
| Maintenance: |
CPS
|
| Capital Improvements |
CPS
|
| Utilities: |
CPS
|
| Other Expenses: |
|
| Notes |
Base rent:
7/1/2025-6/30/2026 $400,168.81; $33,347.40/mo
7/1/2026-6/30/2027 $414,174.72; $34,514.56/mo
7/1/2027-6/30/2028 $428,670.83; $35,722.57/mo
7/1/2028-6/30/2029 $443,674.31; $36,972.86/mo
7/1/2029-6/30/2030 $459,202.91; $38,266.91/mo
7/1/2030-6/30/2031 $475,275.01; $39,606.25/mo
7/1/2031-6/30/2032 $491,909.64; $40,992.47/mo
7/1/2032-6/30/2033 $509,126.48; $42,427.21/mo
7/1/2033-6/30/2034 $526,945.90; $43,912.16/mo
7/1/2034-6/30/2035 $545,389.01; $45,449.08/mo
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