Real Estate Management

Overview

Cook County Building - 118 N. Clark Street, Chicago, Illinois

Cook County Building – 118 N. Clark Street, Chicago, Illinois

Real Estate Management  is an integral part of the strategic capital planning process, with responsibility for management of the County’s real estate assets, purchasing and leasing property needed for County purposes, and disposing of real estate deemed non-essential for such purposes. The Department of Real Estate Management ensures that appropriate owned or leased facilities are available in which Cook County departments and elected officials may efficiently provide public services and carry out the operations of Cook County Government.

Under the leadership of Cook County Board President Toni Preckwinkle,  the Department of Real Estate Management  has adopted a fresh approach to the County’s real estate portfolio, taking steps to improve efficiency in the use of leased and owned properties.

RFPs

Interested parties should go to the Procurement Officer’s website for announcements of upcoming solicitations as well as RFPs on our  projects.

Cook County Hospital Central Campus Redevelopment

Cook County Hospital Health and Hospital System (CCHHS) has long been recognized, and remains today, one of the world’s great teaching hospitals attracting physicians from around the country and serving the health care needs of the city and the region. The introduction of CountyCare has afforded the Stroger Campus the opportunity to be fiscally sound and look to the future as a national leader in health care specialties. A professional team to address the hospital’s future needs and to leverage the inherent real estate value from the available land has been assembled. The Bureau of Asset management kicked off this project with a highly publicized charrette with the Chicago Architecture Foundation.

President Preckwinkle to Advance Transformational Redevelopment of Old Cook County Hospital and Excess Real Estate

For the latest information, please go to the project website: www.cookcountyil.gov/CCHHSRedevelopment

Real Estate Asset Strategic Realignment Plan (REASRP)

The final report of the Real Estate Asset Strategic Realignment Plan (REASRP) has been completed. This two-year joint initiative,  in partnership with the Department of Capital Planning and Policy and our consultants, a team headed by U. S. Equities Realty, developed a strategic real estate plan based on data gathered from all of the County’s elected officials, agencies and departments, and every one of the over 200 structures occupied by the County.

Highlights of the Plan are described below, and outlined in the REARSP Snapshot and Executive Summary.

Accountability

The Real Estate Management Division is developing goals and tracking performance as part of President Preckwinkle’s S.T.A.R. program. Our goals, accomplishments and cost savings can be tracked by the public at: https://performance.cookcountyil.gov/.

Additionally, our public data is available through the President’s Open Data Project.