Business Innovation Center

For Lease

505 W. University Avenue, Champaign, IL 61820

The total number of office spaces available at Business Innovation Center is 3. Leasing opportunities in the building include shared space. There is a total of 420 square feet of space currently available for rent at this address. Of this, the minimum divisible area is 70 square feet.

Space Available For Lease 3

Contacts

broker

Jordan Dunahee

Ramshaw Real Estate

Property Details

  • Property Type Office - Shared Space
  • Property Size 16,000 SF
  • Units 25
  • Lot Size 0.74 Acre
  • Additional Rent Contact for pricing
  • Building Class A
  • Year Built 1982
  • Year Renovated 2012
  • Date Updated Nov 20, 2024
Great Location one block west of downtown Champaign, adjacent to West Side ParkMultiple Executive Office Suites are available ranging in size and pricing. Owners are offering lease incentives of 1 month free rent for a 6 month lease or 2 months free rent for a 1 year lease! Amenities include all utilities, high speed internet, reception services, shared copier/scanner/fax, two shared conference rooms with A/V setup, shared break room, and free parking. The Business Innovation Center offers three levels of individual office space. Currently, offices are available for rent on all 3 floors. Great space for those looking to move out of their home office or downsize from a larger office space! The building and surrounding area is pet friendly!

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Highlights

  • Great Downtown Location - Across from West Side Park
  • Free On-Grade Parking
  • Multiple Conference Rooms Available
  • Full Service Amenities
  • Month to Month, No Hassle Lease
  • Building and Surrounding Area is Pet Friendly
  • 1-2 Months Free Rent for Qualified Tenants that Sign a 6 or 12 Month Lease!

Getting around

  • 77/100

    Walk Score ®

  • 56/100

    Transit Score ®

  • 89/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Champaign, IL
  • Neighborhood West Central Champaign
  • Zip Code 61820

Points of Interest

  • Champaign-Urbana

    0.52 miles

  • Circle K

    0.76 miles

  • Shell

    1.04 miles

  • Mobil

    1.16 miles

  • QuikTrip

    1.17 miles

  • Phillips 66

    1.26 miles

  • ChargePoint

    1.40 miles

  • Tesla Supercharger

    2.14 miles

  • Whitehall Apartments Garage

    0.17 miles

  • Laura Apartments Parking

    0.19 miles

  • Main and Market

    0.54 miles

  • Walnut and Washington

    0.54 miles

  • North First Street Lot

    0.62 miles

  • Parkette 151

    0.87 miles

  • Parkette 154

    0.92 miles

  • Campus Center

    1.11 miles

  • C10

    1.16 miles

  • Outpatient Dialysis Visitor Parking

    1.16 miles

  • Champaign Garden Inn

    0.21 miles

  • Hyatt Place

    0.39 miles

  • TownePlace Suites

    1.12 miles

  • Homewood Suites by Hilton Champaign-Urbana

    1.17 miles

  • Americas Best Value Inn

    1.32 miles

  • Days Inn by Wyndham Champaign/Urbana

    1.36 miles

  • Fairfield Inn & Suites Champaign

    1.37 miles

  • Baymont Champaign

    1.38 miles

  • Holiday Inn

    1.38 miles

  • Hampton

    1.39 miles

  • AM-KO Oriental Foods and Gifts

    0.71 miles

  • County Market

    0.92 miles

  • Asian Supermarket

    0.97 miles

  • Far East Grocery

    0.99 miles

  • World Harvest Foods

    1.07 miles

  • Target

    1.17 miles

  • Westgate Mall

    1.41 miles

  • Schnucks

    1.47 miles

  • Big Lots

    1.56 miles

  • TJ Maxx

    1.57 miles

505 W. University Avenue Listing Brief

  • Leasing rates here can depend on a variety of factors, including the quality rating of the property (property class or building class), the position of the available space within the building, any unique attributes that the listed space may include, as well as on the availability of on-site or nearby amenities. Reach out using the contact form available on this page to schedule a tour or to get more detailed information on the most modern facilities and amenities that 505 W. University Avenue has to offer.

  • See the listing area details for information and ratings regarding the degree of walkability in the neighborhood, the accessibility and frequency of public transit options, as well as the level of availability and quality of biking infrastructure in the area. What’s more, you can use the interactive map for a good overview of the area. Location details also include a breakdown of distance from the property to several essential amenities and points of interest, which may include parking facilities, fuel stations, stores, or hotels.

  • This property is in the West Central Champaign neighborhood of Champaign and located within zip code 61820.

    505 W. University Avenue was originally completed in 1982 and is rated class A. The building includes 16,000 square feet, of which 420 square feet is rentable office space. The most recent renovation completed at this address was in 2012.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jordan Dunahee

Ramshaw Real Estate

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  2. 2Extra information