- For Lease $300.00 - $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 May 1, 2026
Description
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 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!
Highlights
- 1 Month Free Rent for Qualified Tenants that Sign a 12 Month Lease!
- Building and Surrounding Area is Pet Friendly
- Free On-Grade Parking
- Full Service Amenities
- Great Downtown Location - Across from West Side Park
- Month to Month, No Hassle Lease
- Multiple Conference Rooms Available
True
3 Spaces Available
2nd Floor
Space Type
Shared Space
Lease Rate
$450.00 - $600.00/MO
Total Space
150 SF
Divisible Space
70 - 165 SF
Available Date
Immediate
Lease Type
Full Service
Renewal Option
Yes
Sublease
No
Office suites have been newly remodeled. Multi-office leasing is available. Several of the offices are adjacent to one another. Offices range from 70-165 SF on the 2nd Floor.
505 W. University Avenue
Space Type
Shared Space
Lease Rate
$650.00/MO
Total Space
140 SF
Divisible Space
140 - 140 SF
Available Date
Immediate
Lease Type
Full Service
Renewal Option
Yes
Sublease
No
Office suites have been newly remodeled. Multi-office leasing is available. Offices range from 140-165 SF on the Main Floor.
Lower Level
Space Type
Shared Space
Lease Rate
$300.00 - $500.00/MO
Total Space
130 SF
Divisible Space
130 - 600 SF
Available Date
Immediate
Lease Type
Full Service
Renewal Option
Yes
Sublease
No
Office suites have been newly remodeled. Multi-office leasing is available. Several of the offices are adjacent to one another. Offices range from 130-200 SF on the Lower Level.
Contacts
Jordan Dunahee
Ramshaw Real Estate
Location
Located at 505 W. University Avenue, Champaign, IL 61820, this property is part of the West Central Champaign neighborhood.
Contact Listing Broker
Jordan Dunahee
Ramshaw Real Estate
