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Historic Multi-Tenant Office Building
For Sale
$999,000

628 Columbus Street, Ottawa, IL 61350

A five-floor office property offers flexible tenant layouts, secure round-the-clock access, and on-site parking.

Property Size36,400 SF
Lot Size0.59 Acres
Price / SF$27.45
Days on Market125

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 COMMR

Additional Details

Condition Newly Renovated
Road Access Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $15,024

Amenities

24/7 secure building access
scenic Fox River views

Building Details

Building Size 36,400 SF
Year Built 1914
Buildings 1
Stories 5
Units 45
Construction brick masonry and steel-frame
Tenancy Multi
Listing Agency: Coldwell Banker Commercial Real Estate Group
Listed By: Leah Erickson · License #475204597
Source: Fishmangroup
Added: Jun 25 Changed: Oct 26 Last Checked: Oct 26 at 3:48AM

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

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Investment Insights

Based on property information with market context.

Built in 1914, this five-story office building combines brick masonry and a steel frame with updated mechanical systems. Its 36,400 square feet above grade are arranged for multiple tenants, with interior stair access and two passenger elevators. A basement spanning the building’s footprint provides additional storage or space for other uses. Tenant suites range from 100 to 5,000+ square feet, and building access is secured 24/7.

The property occupies a 25,640-square-foot site with 150 feet of Columbus Street frontage and frontage along the Fox River. A private asphalt parking lot accommodates approximately 42 vehicles. The building is at the southeast corner of Columbus and Madison Streets in downtown Ottawa, within walking distance of dining, services, parks, the courthouse, and retail businesses.

Key Highlights

  • 36,400 square feet above grade across five floors
  • Built in 1914 with brick masonry and a steel‑frame structure
  • Private asphalt parking for approximately 42 vehicles

Property Analytics

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Current Use

Epilepsy Advocacy Network Association / Organization Marissa Macias, MMT Alternative Medicine Practice Riverside Women's Clinic Medical Clinic Habitat for Humanity Social Service Agency Vital Wellness Home ... Home Health Care Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Electrical Service Carpet & Flooring Store Catering Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

878
Businesses Nearby

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
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - A five-floor office property offers flexible tenant layouts, secure round-the-clock access, and on-site parking.
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 square feet above grade across five floors; Built in 1914 with brick masonry and a steel‑frame structure; Private asphalt parking for approximately 42 vehicles
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