| Addresses Associated with this Lease |
| Address | City, State, Zip | Property Name | Long Name | Address Detail |
|
4821 S Damen Ave
|
Chicago IL 60609
|
St. Michael Parish
|
St. Michael the Archangel Rectory
|
View
|
|
|
| Lease Information |
| Description: |
Chavez Pre-K at St. Michael the Archangel
|
| 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: |
Air Conditioning
|
| Notes |
Base Rent:
7/1/2025-6/30/2026 $59,579.29; $4,964.94/mo
7/1/2026-6/30/2027 $61,664.56; $5,138.71/mo
7/1/2027-6/30/2028 $63,822.82; $5,318.57/mo
7/1/2028-6/30/2029 $66,056.62; $5,504.72/mo
7/1/2029-6/30/2030 $68,368.60; $5,697.38/mo
7/1/2030-6/30/2031 $70,761.51; $5,896.79/mo
7/1/2031-6/30/2032 $73,238.16; $6,103.18/mo
7/1/2032-6/30/2033 $75,801.49; $6,316.79/mo
7/1/2033-6/30/2034 $78,454.55; $6,537.88/mo
7/1/2034-6/30/2035 $81,200.45; $6,766.70/mo
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