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    626 Illinois St Indianapolis, IN 46204

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    For Sale
    Contact for pricing

    50,670 SF Office, 75 Parking Spots

    Property size:
    50,670 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class B executive office building, located at 626 N Illinois Street in Indianapolis, Indiana, offers 50,670 square feet of premium office space. The property boasts recently completed interior renovations, ensuring a modern and efficient workspace. Its convenient location places it directly adjacent to the vibrant Culture Trail, offering employees easy access to cultural attractions and amenities. The building provides ample parking with 75 dedicated and free parking spaces

    Property Features for 626 Illinois St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    50,670 SF
    Class
    B

    HighLights

    • 2nd‑floor office space available for lease.
    • Adjacent to the Indianapolis Culture Trail.
    • Recently completed interior renovations.
    • 75 dedicated free parking spaces (34 on‑site, 41 in an owned lot).
    Property Profile Location Intelligence

    Current Use by Public Records

    Bigfoot Ventures LLC Corporate Office Stowers & Weddle Attorney Browning Day Architecture Firm Bike Parking Bicycle Rack LSL Planning Inc Financial Planner

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.1600601
    Latitude
    39.7766005

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    FAQs

    What type of property is this?
    Office Property / Space - 50,670 SF Office, 75 Parking Spots
    Where is this office property / space located?
    The property is located at 626 Illinois St Indianapolis, IN.
    What are key features of this property?
    This property features: 2nd-floor office space available for lease.; Adjacent to the Indianapolis Culture Trail.; Recently completed interior renovations.
    (317) 403-0903
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    626 Illinois St Indianapolis, IN 46204
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    Indianapolis, IN 46204
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    626 Illinois St Indianapolis, IN 46204
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