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600 E 1st St
Spring Valley, IL 61362
Former St. Margaret's Health Hospital · Health Care Property For Sale · 44 Beds

INVESTMENT HIGHLIGHTS

  • Sale includes the five-story, former, full-service hospital & the adjacent two-story medical office
  • Emergency room recently built in 2015
  • 90 minutes from Chicago, 60 minutes from Peoria & 80 minutes from Rockford
  • 19-bed senior housing wing
  • Well-maintained & ready for continued medical or alternative uses
  • Conveniently located near the intersection of I-80 & I-39

PROPERTY FACTS

Property Type
Health Care
  • Healthcare Assisted Living
  • Healthcare Hospital
  • Healthcare Rehabilitation Center
Lot Size 30.00 AC
Building Size 226,352 SF
No. Beds 44
No. Stories 5
Year Built/Renovated 1920/2015
Parking Ratio 1.73/1,000 SF
Zoning R-3 - Special Use

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 18-35-162-005
  • 18-35-178-004
Land Assessment
$111,931
Improvements Assessment
$17,565
Total Assessment
$129,496
  • Listing ID: 32112208

  • Date on Market: 6/12/2024

  • Last Updated:

  • Address: 600 E 1st St, Spring Valley, IL 61362

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