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Tuthill 8500 S Madison St

33,085 SF Office Building Burr Ridge, IL 60527 For Sale

Investment Highlights

  • One mile of walking path and two outdoor areas designed for team building, a fitness center and locker room, heated underground parking
  • Modern security system with cameras both inside and outside. An entry gate and front door equipped with camera and intercom.
  • On-site facilities manager. Aspects of the building are aligned with LEED guidelines.

Executive Summary

The property was constructed for the Tuthill Corporation in 1999 and is situated on an approximately 20-acre site with a 7-acre pond and 1-acre of wetland/prairie land located at the northwest corner of the property.
The property was designed intentionally to provide a showcase of the integration of “Humanity’s Gentle Collision with Mother Nature”. Unique property features include architecturally significant design, high-end tenant finishes, an auditorium that converts to stadium seating with a movable floor system, underground parking for 28 cars, and fitness center. There is approximately 1-mile of outdoor walking paths set in a prairie-style landscaping with an outdoor observation deck, and outdoor patio. A guard gate and guard house is located at the entrance to the site.
A 2-story, 2-bed, 2-bath, 3-car garage living quarters is also on site for the Facilities Manager living quarters.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Sale Conditions
High Vacancy Property
Property Type
Office
Building Size
33,085 SF
Building Class
B
Year Built
2000
Tenancy
Single
Number of Floors
2
Typical Floor Size
16,543 SF
Building FAR
0.04
Land Acres
20.00 AC
Zoning
C
Parking
180 Spaces (5.44 Spaces per 1,000 SF Leased)

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-35-403-034
Land Assessment
£127,739 (2023)
Improvements Assessment
£0 (2023)
Total Assessment
£127,739 (2023)
  • Listing ID: 33043730

  • Date on Market: 03/09/2024

  • Last Updated:

  • Address: 8500 S Madison St, Burr Ridge, IL 60527

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