Historic Multi-Tenant Office
For Sale
$999,000
628 Columbus Street, Ottawa, IL 61350
Five-story workspace offers flexible layouts, secure access, private parking, and a restored early-century character.
Property Size36,400 SF
Lot Size0.59 Acres
Price / SF$27.45
Days on Market38
Property Features for 628 Columbus Street
General Information
Standard status
Active
Size
36,400 SF
Total Parking Spaces
42
Elevators
Yes
Lot size
0.59 Acres
Property subtype
Commercial
Zoning
C-5
Amenities
24/7 secure building access
Building Details
Building Size
36,400 SF
Year Built
1914
Buildings
1
Stories
5
Construction
brick masonry and steel-frame
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial Real Estate Group
(630) 844-2222
Listed By:
Leah Erickson · License #475204597
(630) 844-2222
Source:
Perillorealestategroup
Added: Jun 25
Changed: Jul 31
Last Checked: Jul 31 at 7:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Real Estate Group
Investment Insights
Based on property information with market context.
The Central Life Building is a five-story brick masonry and steel-frame office property constructed in 1914. It provides 36,400 total square feet above grade in a flexible multi-tenant layout, with interior stairway access, two passenger elevators, and tenant access secured 24/7. Office spaces range from 100 to 5,000+ square feet, supporting private offices, collaborative areas, and professional-service users. The property also includes a basement spanning the full building footprint, offering storage or additional tenancy options.
The building occupies a prominent 25,640-square-foot site with 150 feet of frontage on Columbus Street and frontage along the Fox River. A private asphalt-paved parking lot accommodates approximately 42 vehicles. The property is zoned C-5 secondary central business district and is within walking distance of dining, retail, professional and personal services, parks, the courthouse, and downtown businesses.
A top-to-bottom renovation restored the original 1914 footprint and character while updating mechanical systems. Original-style woodwork, period-accurate fixtures, and the masonry facade complement upper-floor Fox River views. The City of Ottawa has designated the building as a Historic Building in its downtown district.
The building occupies a prominent 25,640-square-foot site with 150 feet of frontage on Columbus Street and frontage along the Fox River. A private asphalt-paved parking lot accommodates approximately 42 vehicles. The property is zoned C-5 secondary central business district and is within walking distance of dining, retail, professional and personal services, parks, the courthouse, and downtown businesses.
A top-to-bottom renovation restored the original 1914 footprint and character while updating mechanical systems. Original-style woodwork, period-accurate fixtures, and the masonry facade complement upper-floor Fox River views. The City of Ottawa has designated the building as a Historic Building in its downtown district.
Key Highlights
- 36,400 total square feet above grade over five floors
- 25,640‑square‑foot site with 150 feet of frontage on Columbus Street
- Private asphalt‑paved parking lot accommodating approximately 42 vehicles
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
878
Businesses Nearby
Explore this area
Business Placement
Demographics for 61350, IL
23,997
Population
10,853
Households
2.2
Avg Household Size
43
Median Age
22%
College-Educated
93%
High-School Grad
152.5 sq mi
ZIP Area
157
Density / Sq Mi
$77,562
Median Household Income
$43,042
Median Earnings
$940
Median Rent
$157,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Five-story workspace offers flexible layouts, secure access, private parking, and a restored early-century character.
Where is this office building located?
The property is located at 628 Columbus Street Ottawa, IL.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 36,400 total square feet above grade over five floors; 25,640‑square‑foot site with 150 feet of frontage on Columbus Street; Private asphalt‑paved parking lot accommodating approximately 42 vehicles
