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  5. ›CMS L6951 RFI DCFS Chicago

Illinois CMS - Central Management Services·Illinois

CMS L6951 RFI DCFS Chicago

Closes 4/16/2026$5M – $15MRequest for Information
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Description

The State of Illinois, Department of Central Management Services (CMS), is seeking to lease real property in Chicago, Illinois. The minimum criteria for a successful response include an estimated 47,430 square feet of rentable area, office use, an initial term of five years with an optional renewal term of five years, and a location within specific boundaries in Cook County. The State will evaluate responses based on responsibility, responsiveness, and price. The successful respondent will be expected to negotiate and execute a lease to govern the terms of the tenancy. Some key aspects of the lease include: • Site control documents such as deeds, title policies, or trust agreements • Evidence of location of the property within the permitted boundaries • Procurement documentation, including disclosures for leasing vendors or IPG active registered disclosures for leasing vendors • Subcontractor disclosure, if applicable • Compliance with accessibility codes and laws • Energy consumption and cost data • Building Program Standards, which encourage sustainable practices and standards of quality • Tenant space configuration, which includes specific requirements for the leased premises The State encourages vendors to submit as many proposals as deemed necessary to offer variations to the terms and conditions being proposed. The successful respondent must be prepared to execute a lease with a term of five years, including a renewal option of up to five years, and must comply with all applicable laws, codes, and standards.

Attached files

Contact

Dont'a Taylor(Information Contact)

[email protected]

Key dates

Opened
3/23/2026
Closes
4/16/2026
Duration
10 years

Last updated

Details

Type
Request for Information
Industry
Real Estate
NAICS
531120
Solicitation №
26-416CMS-LEAS4-B-51546

Budget estimate

$5,000,000 – $15,000,000

Estimating the budget for this opportunity is challenging without specific details on the lease terms, including the rent per square foot. However, considering the large space requirement (47,430 square feet) and the long lease duration (up to 10 years), the total budget could be substantial. Assuming an average rent of $20 per square foot per year, the annual rent would be approximately $947,600. Over a 10-year period, this would amount to $9,476,000. This is a rough estimate and does not take into account other costs, such as utilities, maintenance, and potential renovations, which could significantly impact the total budget.

AI estimate from the solicitation

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