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901-934 Center St - Elgin Hospital Immeuble de 220 000 pi² • Soins de santé • À vendre 13 789 300 $ CAD • Elgin, IL 60120
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FAITS SAILLANTS DE L'INVESTISSEMENT
- 14.4 Acres of Land
- In Fill Location near downtown Elgin and I-90
- 254,000 SF Former Hospital with significant capital improvements in 2020
- Numerous Uses for Redevelopment or Repurposing
RÉSUMÉ DE L'ANNONCE
Versa Real Estate Services, as the exclusive agent, is pleased to offer for sale the fee simple interest in 901 Center Street, Elgin, Illinois, the former site of Sherman Hospital. The property includes approximately 254,000 square feet of building space situated on 14.4 acres in a residential neighborhood east of the Fox River, just one mile south of I-90 and less than a mile north of downtown Elgin, offering excellent accessibility. The hospital complex spans three parcels totaling 8.48 acres, with an adjacent parking area
comprising 22 parcels totaling 5.92 acres. Given the substantial land and building footprint, the site presents a wide range of re-development or adaptive reuse opportunities.
Potential uses include:
• Healthcare or medical facilities
• Mixed-use or residential development (single-family, townhomes, apartments)
• Community or recreational centers
• Educational or innovation hubs
• Senior or assisted living facilities
• Entertainment venues or cultural spaces
• Public parks or green space
Elgin has experienced notable economic growth over the past five years. Known for its strong manufacturing base, including metal products, electronics, and industrial machinery, the city is home to major employers such as NTN Bearing, Motorola Solutions, Harting Technology Group, Fisher Nuts, and Wanxiang America Corporation. Other key employers include Elgin School District U-46, Advocate Sherman Hospital, Ascension Saint Joseph Hospital, and J.P. Morgan Chase.
comprising 22 parcels totaling 5.92 acres. Given the substantial land and building footprint, the site presents a wide range of re-development or adaptive reuse opportunities.
Potential uses include:
• Healthcare or medical facilities
• Mixed-use or residential development (single-family, townhomes, apartments)
• Community or recreational centers
• Educational or innovation hubs
• Senior or assisted living facilities
• Entertainment venues or cultural spaces
• Public parks or green space
Elgin has experienced notable economic growth over the past five years. Known for its strong manufacturing base, including metal products, electronics, and industrial machinery, the city is home to major employers such as NTN Bearing, Motorola Solutions, Harting Technology Group, Fisher Nuts, and Wanxiang America Corporation. Other key employers include Elgin School District U-46, Advocate Sherman Hospital, Ascension Saint Joseph Hospital, and J.P. Morgan Chase.
FAITS SUR LA PROPRIÉTÉ
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 398 533 $ CAD | |
| Évaluation du terrain | 396 444 $ CAD | Évaluation totale | 794 977 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
396 444 $ CAD
Évaluation des bâtiments
398 533 $ CAD
Évaluation totale
794 977 $ CAD
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901-934 Center St - Elgin Hospital
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