Former St. Margaret’s Health Hospital for Sale

Former St. Margaret's Health Hospital for Sale

The former St. Margaret’s Health Hospital in Spring Valley, Illinois is now available for purchase through a Chapter 11 bankruptcy sale. This 226,352-square-foot medical facility boasts modern amenities such as CT, x-ray and MRI rooms, cardio and surgery suites, delivery and recovery rooms, an ICU ward,and a senior housing wing with 19 beds. Additionally,a two-story medical office building and administrative offices are also included.

According to Jamie Coté of Hilco Real Estate Sales , the well-designed layout and advanced infrastructure make this property ideal for conversion into similar healthcare or institutional use. The potential development of this site could bring economic growth to the region by creating job opportunities while utilizing the skilled workforce in the area.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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