PRIME LOCATION LAND OPPORTUNITY! This property is located just off IL State Route 3 between Columbia and Waterloo. The two parcel property totals +/- 48.4 acres including +/- 22 acres tillable with a +/- 4.75 acre lake. The property is currently zoned Monroe County Agricultural (MA-2) but the Monroe County Comprehensive Plan shows a future planned zoning change to Industrial/Business. BIDDING is on a PRICE PER ACRE of 48.4 acres. The listed price is the ASKING OPENING BID at $14,000/Acre X 48.4 Acres = $677,600. The auction is ONLINE ONLY. BIDDING ENDS with a SOFT CLOSE on 1/7/2026 at 7pm (cst). Don't miss out on this opportunity! REGISTER & BID ONLINE NOW at SCHALLER.GROUP
Discover the potential of this multi-use commercial building located in historic downtown Columbia on Main Street. This prime property includes four commercial spaces and two residential apartments. Suite 1, offering Main Street access, is vacant and previously leased for $1,700. Suite 2 is recently vacated as of 10/31/25 but was previously leased for $3,000/month, Suite 3 is actively generating income at $2,700/month, while 100 N Main contributes an additional $1,920. The residential offerings consist of a 3-bedroom, 2-bath apartment ($900 rent) and a 2-bedroom, 2-bath unit ($900 rent), viewable with an accepted offer. The building features a full basement for dry storage, multiple kitchen and lavatory facilities in commercial areas, as well as a vault room. Many features have been updated throughout. Sale encompasses the adjacent lot and an additional parcel for parking. A strategic investment with significant potential for growth and revenue.
Commercial building located in Downtown Columbia IL. Approximately 4500 square feet above grade. Full Basement unfinished. 2 or 3 commercial rental spaces on main floor. 2 or 3 apartments on second and 3rd floors. In 2022 a fire located in an apartment on the 2nd floor was contained to one unit. That unit and area above that unit have been mostly gutted and are ready to be remodeled. Architectural drawings have been completed and are in building for viewing. There is still time to make changes to plans. Roof, windows, siding and doors that were damaged have been replaced. Agent Owned Showings will be available by appointment. Location: City, Downtown
NEW PRICE >>>>Prime commercial space available in the vibrant heart of Columbia! This 1,650 sq ft office/retail unit offers a flexible, open floor plan perfect for a variety of businesses. Features include stylish stained concrete floors, 2 restrooms, a convenient break area, and 6 designated parking spots. Plus, enjoy the added bonus of a private back patio. Don't miss this opportunity to establish your business in a thriving location! Year built approximate - not listed in County records. Agent Owned
PRCIED UNDER APPRAISED VALUE! Prime investment opportunity in the heart of Downtown Columbia's thriving Main Street District! Whether you're launching a new venture or expanding your current operation, this functional and inviting space provides the flexibility and convenience you need. Professional office space features street frontage and excellent visibility along bustling Main Street—ideal for retail, office, or service-based businesses. Main building features 4100+ sqft currently separated into 3 units. 636 is approx. 2035 sqft and offers a well-designed layout featuring a wide open showroom, 2 private offices, spacious conference room, bathroom, kitchenette/storage space, & front and back entrances—ideal for a wide range of business types. 634 is approx 1067 sqft w/receptionist area, 2 private offices and storage space. 638 is approx 1050 sqft with a kitchenette, full bath, office, shop and storage areas. Also included: 116 Rueck Rd- 2bed, 1 Bath, fenced back yard with small patio, stoarge shed & shares the rear parking lot; currently rented for $900/month. This property is perfect for investors seeking a solid, income-producing asset. Don’t miss your chance to own a piece of Columbia’s dynamic downtown!
Incredible investment opportunity in the heart of historic downtown Columbia! This mixed-use building offers a total of six income-generating units, including three main-level commercial spaces 121 ($800/Month), 123 ($800/Month), & 127 N Main Street ($1200/Month) and three residential apartments on the upper level. Each commercial unit features street frontage and excellent visibility along bustling Main Street—ideal for retail, office, or service-based businesses. Upstairs, the residential portion includes: 121A – a cozy 1-bedroom apartment ($800/Month) 125A – a spacious 1-bedroom, 2.5-bath unit with an upstairs recreation area ($1200/Month) 127A – a 1-bedroom, 1-bath unit. ($800/Month) This building is packed with potential for savvy investors or entrepreneurs looking to own a piece of Columbia’s vibrant downtown. Whether you’re expanding your portfolio or seeking an owner-occupant option with supplemental income, this is a rare find with long-term value. Location: Corner Location, High Traffic
NEW PRICE! Commercial building located in Downtown Columbia IL. Approximately 4500 square feet above grade. Full Basement unfinished. 2 or 3 commercial rental spaces on main floor. 2 or 3 apartments on second and 3rd floors. In 2022 a fire located in an apartment on the 2nd floor was contained to one unit. That unit and area above that unit have been mostly gutted and are ready to be remodeled. Architectural drawings have been completed and are in building for viewing. There is still time to make changes to plans. Roof, windows, siding and doors that were damaged have been replaced. Agent Owned Showings will be available by appointment. Location: City, Downtown
Discover the potential of this multi-use commercial building located in historic downtown Columbia on Main Street. This prime property includes four commercial spaces and two residential apartments. Suite 1, offering Main Street access, is vacant and previously leased for $1,700. Suite 2 and Suite 3 are actively generating income with leases at $2,900 and $2,700 respectively, while 100 N Main contributes an additional $1,750. The residential offerings consist of a 3-bedroom, 2-bath apartment ($900 rent) and a 2-bedroom, 2-bath unit ($900 rent), viewable with an accepted offer. The building features a full basement for dry storage, multiple kitchen and lavatory facilities in commercial areas, as well as a vault room. Many features have been updated throughout. Sale encompasses the adjacent lot and an additional parcel for parking. A strategic investment with significant potential for growth and revenue. Leases and further details available upon request.

Columbia is located in Illinois. Columbia, Illinois has a population of 11,090. Columbia is more family-centric than the surrounding county with 39.94% of the households containing married families with children. The county average for households married with children is 32.64%.
The median household income in Columbia, Illinois is $102,107. The median household income for the surrounding county is $92,950 compared to the national median of $69,021. The median age of people living in Columbia is 39.3 years.
The average high temperature in July is 88 degrees, with an average low temperature in January of 22.5 degrees. The average rainfall is approximately 42.3 inches per year, with 13.8 inches of snow per year.