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.