Search
Five-Story Historic Office Building
For Sale
$999,000

628 Columbus Street, Ottawa, IL 61350

COMMERCIAL - Ottawa, IL

Property Size36,400 SF
Lot Size0.57 Acres
Price / SF$27.45
Days on Market56

Property Features for 628 Columbus Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning COMMR
Directions North from I-80 take IL route 23 south to downtown Ottawa, turn left on Main Street and another left on Columbus. The parking lot and then building will be on your right. From the south take IL-71 north to downtown Ottawa, merge with IL-23 and property will be on your right. There is additional street parking north of the property.
Subdivision Danway / Dayton / Naplate / Ottawa / Prairie Center
Standard status Active
APN 2111403011
Lot size 0.57 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 15024

Utilities

Utilities Cable Available
Cooling system Ceiling Fan(s), Other (Cooling)

Amenities

grand windows
natural light
Fox River views
rich woodwork
period-accurate fixtures
24/7 secure building access

Building Details

Year built 1914
Floors in Building 5
Number of units 45
Flooring type Terrazzo, Wood
Building materials Brick, Concrete, Block
Roof type Rubber, Membrane
Listing Agency: Coldwell Banker Commercial Real Estate Group · Coldwell Banker Real Estate
Listed By: Leah Erickson · License #475204597
Added: Jun 25 Changed: Aug 4 Last Checked: Aug 19 at 12:06PM
MLS# 12688011

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Five-story historic office building with a flexible multi-tenant layout, including an interior stairway and two passenger elevators. The basement spans the entire footprint of the building and offers storage options or potential for additional tenancy. Interior finishes include terrazzo and wood flooring, and the property is supported by a brick, concrete, and block construction with rubber and membrane roofing. Cooling includes other (cooling) and ceiling fan(s), and utilities noted include cable available. Built in 1914, the building includes a low-maintenance envelope and has undergone recent updates to mechanical systems.

The property sits on a prominent 25,640-square-foot site with 150 feet of high-visibility frontage on Columbus Street. It overlooks the business district and extends to riverside frontage along the Fox River. A private asphalt-paved parking lot accommodates approximately 42 vehicles. The building also has 24/7 secure building access for tenants and after-hours visitors.

Zoned COMMR, the offering includes available tenant spaces described from 100 to 5,000+ square feet, supporting both professional services and mixed-use redevelopment concepts.

Key Highlights

  • 25,640‑square‑foot site with 150 feet of high‑visibility frontage on Columbus Street
  • 36,400 total square feet above grade over five floors
  • Flexible multi‑tenant layout with interior stairway and two passenger elevators

Property Analytics

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

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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Five-story office building on a 0.57-acre site with interior stairway, two passenger elevators, and large basement footprint.
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: 25,640‑square‑foot site with 150 feet of high‑visibility frontage on Columbus Street; 36,400 total square feet above grade over five floors; Flexible multi‑tenant layout with interior stairway and two passenger elevators
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message