Picture of Illinois Commercial Lease Agreement Picture of Illinois Commercial Lease Agreement

Illinois Commercial Lease Agreement

Rent commercial office, retail or restaurant space to a business tenant with this comprehensive Commercial Lease Agreement for Illinois.

  • The tenant has an option to renew the lease at the end of the initial term.
  • The template includes two alternate clauses for property taxes, depending on whether they're being paid by the landlord or the tenant.
  • The lease also contains provisions for either (i) a double net lease (landlord responsible for mechanical and structural repairs), or (ii) a triple net lease (tenant pays for all repairs and maintenance).
  • Common parking areas are shared by all tenants and their employees and customers.
  • Available in MS Word format and fully editable to fit your circumstances.
  • Intended to be used only in the State of Illinois.
Document Type: Microsoft Word
Last Updated: 09-February-2025
SKU: 4863
$24.99
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Illinois Commercial Sublease Agreement

Sublet all or part of your leased business space to a subtenant with this Illinois Commercial Sublease Agreement.

  • The Sublease can be used for office, retail shopping or other business premises.
  • The subtenant pays the security deposit and the rent to the original tenant, who in turn pays the landlord.
  • The original tenant must still perform its obligations under the head lease for the duration of the lease term.
  • The original tenant assigns its interest in the sublease to the landlord.
  • The original tenant directs the subtenant to pay rent directly to the landlord if the original tenant defaults in any of its obligations under the head lease.
  • Available in MS Word format.
  • Intended for use only in the State of Illinois.
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Picture of Illinois Mutual Cancellation of Commercial Lease

Illinois Mutual Cancellation of Commercial Lease

Cancel a business lease for office or retail space with this Illinois Mutual Cancellation of Commercial Lease template.

  • This agreement is for commercial tenants only. You need a different form for residential rental properties.
  • Both the lessor and lessee mutually agree to terminate the lease as of a specific date.
  • The cancellation of the lease extinguishes all the rights and obligations of the parties under the lease, except for those which accrue prior to the termination date.
  • Available in MS Word format.
  • Intended to be used only in the State of Illinois.
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