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    701 Devonshire Dr Building C Champaign, IL 61820

    Sponsored
    For Lease
    $125 SF/Yr

    Colony Square Business Technology Center (Btc)

    Description

    Added:
    May 13, 2025
    Days on Market:
    238
    The property is located off of Devonshire Drive in the Colony Square Complex. It is west of the 17 acre Carriage Center retail development along South Neil Street. Major neighboring businesses at Colony Square are Hope Springs, Colony Square Cleaners, Chesser Financial, and Colony Property Management. Mattis Park neighbors the property to the east.

    The Business Technology Center (BTC) offers small to large office suites for lease. Tenants can lease an individual office or several offices depending on the business’s needs. Utilities are included in all leases and not at an additional charge to tenants. For an additional fee the BTC offers phone and voicemail service, fiber internet, access to copier/fax/scanner, postage meter, and much more. BTC offer free access to conference rooms.
    Virtual Office Space: $125.00/month

    If your business is still growing and you are not quite ready to lease a physical office at the BTC you can lease a Virtual Office from the BTC starting at $125/month which gives you access to an address/mailbox and up to 10 hours per month of conference room use.
    Available Suites
    First Floor SF Rent
    Suite101A 120 $450/month
    Suite 101B 120 $450/month
    Suite 115 753 $1,600/month
    Suite 131 230 $585/month
    Second Floor SF Rent
    Suite 204 388 $810/month
    Suite 205 675
    $1,250/month
    Suite 207 435 $900/month
    Suite 207A 385 $810/month
    Suite 209 852 $1,575/month

    Property Features for 701 Devonshire Dr Building C

    General Information

    Property type
    Business parks
    Lease Type
    Gross Lease
    Elevators
    N/A

    Building Details

    Year Built
    1978
    Buildings
    1
    Stories
    2
    Location Intelligence

    Current Use by Public Records

    Metro Infusion Center Medical Group Melissa Lopez Hittle ... Motorcycle Insurance Agency Business & Technology Center Office Jr's Driving School Driving School Jen Watson Consulting Marketing Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Champaign
    State
    Illinois
    Longitude
    -89.4337288
    Latitude
    40.0796606

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    FAQs

    What type of property is this?
    Business park - Colony Square Business Technology Center (Btc)
    Where is this business park located?
    The property is located at 701 Devonshire Dr Building C Champaign, IL.
    What is the lease rate?
    The lease rate is $125 SF/Yr.
    (217) 403-3374
    Request Owner's contact information
    701 Devonshire Dr Building C Champaign, IL 61820
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    Champaign, IL 61820
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    701 Devonshire Dr Building C Champaign, IL 61820
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