OTHERPENDING

Maywood signs 10-year lease with Living Fresh Market

The Village of Maywood is entering into a long-term commercial lease with Joseph’s Fresh Markets, LLC d/b/a Living Fresh Market to operate a full-service grocery store at 615 South 5th Avenue. The agreement provides for monthly base rent of $26,833.33 plus real estate tax escrow and CAM charges over an initial 10-year term, with options for two additional five-year renewals subject to Village approval. Lease commencement is tied to completion of publicly funded building renovations and issuance of an occupancy permit.

Status
PENDING
Document date
August 21, 2026
Contract type
OTHER
Vendor
Joseph’s Fresh Markets Llc Dba Living Fresh Market
Agency
Maywood village · IL

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Veritone logo
TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Scope & details

The full contract record, as filed.

Contract amount
$26,833.33 per month plus monthly real estate tax escrow of $6,114.17; additional CAM and insurance charges TBD; Project Improvement Costs up to $2,500,000.00 funded by State Grant and TIF
Contract type
OTHER
Contract term
Initial Term of 10 Lease Years beginning on Rent Commencement Date, with up to two additional 5-year Renewal Terms subject to Village approval
Renewal
Initial Term is 10 Lease Years with two optional Renewal Terms of five Lease Years each (First Renewal Term and Second Renewal Term). Tenant must request a Renewal Term at least 10 months before expiration of the then-current Term, and each renewal requires Village Board approval of an addendum prepared by the Village Attorney and executed by Tenant. Rent during any Renewal Term will be determined in the renewal addendum, and renewals are at the Landlord’s sole and exclusive discretion.
Document type
Agreement
Source document
Village of Maywood Grocery Store Lease 2026-08-21

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Maywood village?

Joseph’s Fresh Markets Llc Dba Living Fresh Market was awarded this government contract by Maywood village, as recorded on August 21, 2026. The contract value is $26,833.33 per month plus monthly real estate tax escrow of $6,114.17; additional CAM and insurance charges TBD; Project Improvement Costs up to $2,500,000.00 funded by State Grant and TIF.

How much is the Joseph’s Fresh Markets Llc Dba Living Fresh Market contract with Maywood village worth?

The Joseph’s Fresh Markets Llc Dba Living Fresh Market contract with Maywood village is valued at $26,833.33 per month plus monthly real estate tax escrow of $6,114.17; additional CAM and insurance charges TBD; Project Improvement Costs up to $2,500,000.00 funded by State Grant and TIF.

What type of contract is this?

This is a government contract, documented as a agreement record.

Where was this contract approved?

This contract appears in Village of Maywood Grocery Store Lease 2026-08-21 (Agreement), dated August 21, 2026 from Maywood village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Joseph’s Fresh Markets Llc Dba Living Fresh Market hold?

Joseph’s Fresh Markets Llc Dba Living Fresh Market may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Joseph’s Fresh Markets Llc Dba Living Fresh Market's profile

What is Maywood village currently buying?

Explore Maywood village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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