Redevelopment Opportunities

Large-scale redevelopment opportunities within Sycamore will be highlighted here as they arise.  For details regarding zoning, land use, or other municipal concerns, email Michael Hall, City Manager.

Untitled - 2024-11-26T095643.558

225 Edward Street

Offering Memorandum (PDF)

The former Kindred Hospital, with 67,585 sq ft of building space on a 2.98-acre lot, will be auctioned in early 2025. This property offers immense potential for redevelopment—though keep in mind, rezoning will likely be required for residential and nonresidential uses.

With a rich history and unmatched location, this property is ideal for developers, investors, or anyone with a vision to transform. Don't miss your chance to acquire a piece of the past and create something extraordinary! Please browse the property's Offering Memorandum (PDF) for more details.

  • 2024 Property Taxes: $119,059.52
  • Auction Date: Early 2025
  • Location: 225 Edward St
  • Parcel Size: 2.98 Acres
  • Building Area: 67,585 sq ft
  • Existing Use: Long-Term Acute Care Hospital + 2 Ancillary Buildings (Office & Maintenance/Storage)
  •  Zoning: Institutional and R-2, Two-Family Residential
  • Existing Parking: 101 Spaces