Illinois Valley

Former Spring Valley hospital buyer confirmed, mayor says

City is seeking more information on what future plans are

An aerial view of a vacant lot and hospital at the former St. Margarets Hospital on Wednesday, Nov. 1, 2023 in Spring Valley.

An aerial view of the former St. Margaret's Hospital on Wednesday, Nov. 1, 2023, in Spring Valley. (Scott Anderson)

By Derek Barichello

A new owner of the former St. Margaret’s hospital in Spring Valley has emerged, and the city is hopeful that the owner will reach out to the city soon to share more details on its plans for the building.

Spring Valley Mayor Melanie Malooley-Thompson said Wednesday that the new owner is the University of Veterinary and Animal Wellness LLC of Palm Springs, California. She said the city has been in contact with its real estate agent and attorney to get more information.

The hospital, which closed June 16, 2023, was sold as part of a bankruptcy sale. The facility at 600 E. First St. spans 226,352 square feet, and an adjoining medical office is 5,400 square feet, according to a listing from Hilco Real Estate Sales.

Shaw Local News Network has not been able to contact the new owner.

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Derek Barichello

Derek Barichello

Derek Barichello is the news editor for The Times in Ottawa and NewsTribune in La Salle, part of Shaw Local News Network, covering La Salle, Bureau and Putnam counties. He covers local and breaking news in the areas of government, education, business and crime and courts, among others.