Business Innovation Center

505 W. University Avenue, Champaign, IL 61820

  • For Lease $400.00 - $1,500.00/MO
  • 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 Oct 3, 2024
Great Location one block west of downtown Champaign, adjacent to West Side ParkMultiple Executive Office Suites are available ranging in size and pricing. 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 the 2nd floor and lower level. 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! The basement conference room is available for lease at 600 SF and could be subdivided into (3) 11' x 18' offices as well.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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

Jordan Dunahee

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

How much does office space cost at Business Innovation Center?

The average price for office space at Business Innovation Center is $950.00/MO. The cost of leasing office space can depend on the position of the space within the building, the location of the property, the quality rating, amenities on-site or nearby, as well as if the office space you are looking at comes with attributes that are unique to it.

What office space is available at Business Innovation Center?

In total, there are 820 square feet of office space for rent at Business Innovation Center. Availability at this location includes shared space. If you are interested in finding out more, you can easily reach out to schedule a tour using the contact form at the top of this page.

Can I find office space for a large business at Business Innovation Center?

Office space available at Business Innovation Center provides up to 600 square feet, which can accommodate a maximum of 8 people, according to recommendations of between 75 and 150 square feet of office space per person. For a better understanding of how this space could work for you, reach out to schedule a tour.

Is Business Innovation Center a good location for office space?

Business Innovation Center is located in the West Central Champaign neighborhood. Business Innovation Center was first completed in 1982. The most recent renovation at this location was done in 2012. Office space here is rated class A. Reach out to the leasing representative for more detailed information on the most modern facilities and amenities at the property.

Area amenities within half a mile of this location include 5 educational institution(s), 10 restaurant or other dining establishment(s), 2 hotel, motel, or other accommodation.

Does Business Innovation Center have parking?

See listing location information regarding the nearest points of interest in the area. Contact the property representative for details on what the best vehicle access and parking options are near 505 W. University Avenue. For your consideration, Business Innovation Center is located within 0.5 miles of 2 parking option(s).

How do I lease office space at Business Innovation Center?

If you want to find out more about the lease terms and office space availability at Business Innovation Center, fill out the contact form to schedule a tour or reach out to the property representatives using the contact details provided here to ask for any additional information that you might be interested in.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Jordan Dunahee

Ramshaw Real Estate

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