Premier Provider of Commercial Services

A leader in the Central Illinois area since 1977 for commercial real estate and property management in Champaign, IL. Coldwell Banker Commercial Devonshire Realty is highly recognized for development and commercial services expertise.

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Commercial Brokerage

We use the latest, most effective resources to advertise and promote properties to targeted audiences for maximum amount of exposure.

Property Management

Property Management provides management services for over ~one million square feet of property throughout central Illinois.

Development Services

“What would you like to achieve with your property?” Benefit from our expert consultation from concept to completion.

Residential Leasing

Residential leasing & property management services throughout central Illinois. Search our available residential properties!

Featured Property Listing

214 S Walnut Street
$2,100,000
SaleLand +/- 19,800 SF
214 S Walnut St
Champaign, IL 61820
Income & Repositioning Opportunity
$3,125,000
LeaseSaleInvestmentOfficeWarehouse/Industrial 63,123 SF
3290 E Main St
Danville, IL 61834
1411 INTERSTATE DRIVE FOR SALE OR LEASE
$2,225,000
LeaseSaleOfficeWarehouse/Industrial 21,114 SF
1411 Interstate Dr
Champaign, IL 61822
Devonshire Commons
LeaseOfficeRetail 1,803 - 2,570 SF
401-481 Devonshire Dr
Champaign, IL 61820
SOUTHWEST CHAMPAIGN RETAIL/OFFICE FOR LEASE
LeaseRetail 1,580 SF
1107 W Windsor Rd
Champaign, IL 61821
Neighborhood Strip Center Space Across from Schnucks
LeaseRetail 1,600 – 3,200 SF
1720-1722 E Sangamon Ave
Springfield, IL 62702
SOUTH NEIL WORKSHOP SPACE FOR LEASE
LeaseOfficeWarehouse/Industrial 2,787 SF
811 S Neil St
Champaign, IL 61820
7,500 SF RETAIL OPPORTUNITY ADJACENT TO TARGET | PERU, IL
LeaseRetail 7,521 SF
4361 Venture Dr
Peru, IL 61354
Affordable office suites in the Lincoln Building for Startup or Established Businesses
LeaseOfficeRetail 150-3,411 SF
44 E Main St
Champaign, IL 61820

News & Announcements

Harrington-Shapland Award Winner 2025

May 15, 2026
Each year at CBCDR we nominate a member of our team whose performance reflects our innovative, passionate and client-centered focus.   The 2025 Harrington Shapland Award of Excellence went to Katie Taylor. Katie has gone above and beyond every day for co-workers, clients, and vendors. According to co-workers who nominated Katie,… Read more

Congratulations to AJ Thoma III, CCIM, SIOR

February 26, 2026
Congratulations to AJ Thoma, CCIM, SIOR on his well-earned promotion to Executive Vice President at our brokerage! AJ consistently raises the bar with his professionalism and results-driven approach, and this advancement is a true reflection of his hard work and leadership.
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    Now Available for Su

    Now Available for Sublease | Urbana, IL

    Prime retail opportunity at 1801 S. Philo Rd. This 14,820 SF former Walgreens offers an open floor plan, drive-thru, 17' clear ceilings, 800-amp 3-phase power, ample parking, and a large rear storage area with an overhead door—ideal for a variety of retail, medical, or commercial users.

    📍 1801 S. Philo Rd., Urbana, IL
    💲 $12.00/SF Gross

    Contact Zach Wetherell for more information.     ... See MoreSee Less

    1 day ago
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