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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.
$24.99
Illinois Renewal and Extension of Commercial Lease
IL commercial landlords, renew and extend a business tenant's lease with this customizable Illinois Renewal and Extension of Commercial Lease.
- The tenant has no further right to extend or renew the lease.
- The renewal contract sets out the new expiry date and the rental payments for the renewal term.
- All other terms and provisions of the original lease remain in full force and effect.
- This Agreement is for commercial properties. For residential tenancies, a Residential Lease Extension form is required.
- Intended to be used only in the State of Illinois.
$4.99