Business Innovation Center

505 W. University Avenue, Champaign, IL 61820

  • For Lease $350.00 - $650.00/MO
  • Property Type Office - Shared Space
  • Property Size 16,000 SF
  • Units 25
  • Lot Size 0.74 Acre
  • Building Class A
  • Year Built 1982
  • Year Renovated 2012
  • Date Updated Jan 23, 2025
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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Attachments

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!

Spaces Available

Contacts

broker

Ramshaw Real Estate

Location

Getting Around

  • Walk Score ®

    77/100 Very Walkable
  • Transit Score ®

    56/100 Good Transit
  • Bike Score ®

    89/100 Very Bikeable
Powered by Walk Score ®
  • 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

  • Peking Garden

    0.35 miles

  • The Himalayan Chimney

    0.36 miles

  • Hamilton Walker's

    0.39 miles

  • Watson's Shack and Rail

    0.39 miles

  • Nando Milano

    0.42 miles

  • Guido's

    0.42 miles

  • Pizzeria Antica

    0.43 miles

  • Big Grove Tavern

    0.44 miles

  • Neil Street Blues

    0.44 miles

  • Sam's Cafe

    0.44 miles

  • Holy Cross School

    0.11 miles

  • Holy Cross Church

    0.13 miles

  • Central High School

    0.14 miles

  • Pavilion Foundation School

    0.38 miles

  • Edison Middle School

    0.39 miles

  • ROE READY Program

    0.52 miles

  • Southside Elementary School

    0.58 miles

  • Franklin Middle School

    0.65 miles

  • Dr. Howard Elementary School

    0.68 miles

  • McKinley Fields

    0.69 miles

  • Don Moyer Boys & Girls Club

    0.76 miles

  • The Caring Place

    1.71 miles

  • Cooperative Nursery School

    1.94 miles

  • La Petite Academy

    2.02 miles

  • FIRST Kids

    2.36 miles

  • Next Generation Early Education

    2.40 miles

  • Next Generation Preschool

    2.50 miles

  • Little Hearts and Hands, Inc.

    4.04 miles

  • First School

    8.62 miles

Frequently Asked Questions

What is the price for renting office space at Business Innovation Center?

The average rate for office space here is $500.00/MO, with rates starting at $350.00/MO.

What type of office space is available to lease at Business Innovation Center?

In total, there is 420 square feet of office space for lease here. Availability at this location includes 3 Office spaces.

Is Business Innovation Center suitable for a small business?

Yes, availabilities here may be suitable for small businesses with 3 office spaces under 5,000 square feet available. Space sizes here start at 130 square feet.

Does Business Innovation Center have parking?
Parking information for the property isn't currently listed. However, other nearby parking options include Whitehall Apartments Garage, located 0.17 miles away, and Laura Apartments Parking, which is 0.19 miles away.
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broker

Ramshaw Real Estate

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