This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
720 Sycamore St
Quincy, IL 62301
Health Care Property For Sale
·
205 Beds
PROPERTY FACTS
ABOUT 720 SYCAMORE ST , QUINCY, IL 62301
Formerly a health care facility. Licensed & operating prior to foreclosure. many updates. shows well. Ready for new owners. 102 rooms, previously licensed for 205 beds. Attached are the links to the virtual tour and pamphlets for the former Sycamore Health Care at 720 Sycamore in Quincy, Illinois which closed April 1 this year as a part of a 13 company bankruptcy. $ 3 million was owed. Our buyers bought the mortgage and have foreclosed and taken title on it. They are offering to sell the property for only $795,000. It is essentially in "ready to open today" condition. There were no life safety issues with the state as of closing. A new $ 30,000 fire alarm system was recently installed. The roof is around 10 years old. It was built with concrete prefab floors and is approved for 205 beds with 102 rooms. 2 elevators need about $ 20-30K total to be brought up to code but a 3rd is operational and in use at the time of closing. The building is fully sprinklered. Construction includes precast concrete beams.
