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Central Life Building - Downtown Ottawa 628-630 Columbus St 36,400 SF 100% Leased Office Building Ottawa, IL 61350 $999,000 ($27.45/SF)



Executive Summary
This well-appointed office offering at 628-630 Columbus Street presents adaptable workspace tailored for investors seeking steady tenancy, or a mixed use redevelopment project. Excellent walkability to dining, personal and professional services, parks, courthouse, and retail establishments. The building provides thoughtful floor plans ideal for professional services or creative headquarters, with grand windows bathing interior offices in natural light and scenic Fox River views on the upper floors. Recent updates to mechanical systems complement the building’s enduring masonry façade, while efficient layouts invite collaborative and private work areas. The property’s main entry projects a distinguished presence, creating an immediate impression of quality. Investors will appreciate the low-maintenance envelope and the opportunity to lease to multiple tenants or flagship single-occupant users seeking a premium address. Available tenant spaces range in square footage from 100 to 5,000+ with 24/7 secure building access for tenants and after-hours visitors. The basement is large and spans the entire footprint of the building, offering storage options or even additional tenancy for fitness, events, tenant storage, or more. This property serves the community needs well as office space but could also be redeveloped as upscale apartments rich in history and a nod to the 1910's era the building was constructed.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
36,400 SF
Year Built
1914
Price
$999,000
Price Per SF
$27.45
Percent Leased
100%
Building Height
5 Stories
Typical Floor Size
7,280 SF
Zoning
C
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Moderately walkable
60/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 21-11-403001 | Improvements Assessment | $66,762 |
| Land Assessment | $39,443 | Total Assessment | $106,205 |
Property Taxes
Parcel Number
21-11-403001
Land Assessment
$39,443
Improvements Assessment
$66,762
Total Assessment
$106,205
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Central Life Building - Downtown Ottawa | 628-630 Columbus St
