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Preckwinkle Mulls Renting Prime County Space

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    NEWSLETTERS

    Cook County President Toni Preckwinkle is considering a new way of saving taxpayers money.

    Preckwinkle wants to lease the top two floors of the County Building in Chicago's Loop for what she estimates could net at least $1 million a year, according to the Chicago Sun-Times

    The 34th floor of the building at 69 W. Washington is empty, and the 35th floor houses five employees in Preckwinkle's offices, the Sun-Times reports.

    Up for grabs on the two floors is 40,800 square feet, panoramic views and prime access to the Loop, Daley Plaza and City Hall.

    Crain's Chicago Business reports the plan isn't a done deal yet, but Preckwinkle is thinking of including it in her forthcoming budget proposal, to be unveiled on Oct. 18.

    If it's a go, the 10-year lease on the space could hit the market as early as next year.
     

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