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Photo
Property TypeMixed Use
LocationLos Angeles, California
Map It
TitleLender Owned Fully Renovated Hospital in Illinois Suburb Perfect for Hospital Use or Creative Development
Summary

Lender Owned Vacant 3 Story Hospital in Illinois Suburb
254,000 SF on 13.90 Acres Built in 2002 and Renovated in 2020

Details

PROPERTY DETAILS
The original hospital moved out in 2018 and was sold to a developer in 2019
who made an agreement to lease it to the State of Illinois during covid
who then renovated the hospital at a cost of $20,000,000. The
hospital was to be used for covid patience's but to date was
was never used and still sits vacant at this time.

Income and Sales Details

Located just 40 minutes from Chicago
$20,000,000 in new renovation
Opportunity to redevelop

Asking Price$9,500,000.00
Date UpdatedMarch 4, 2025