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    Property profile & analytics

    348 Il-121 Bethany, IL 61914

    • Retail properties
    • 7,500 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Isalis / Gift Shop / Boutique
    • Party City / Costume Store / Party Store
    • Skunk Funk / Wholesaler / Clothing Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

    Property Details for 348 Il-121

    Year built
    2017
    Property size
    7,500 SF
    Property type
    Retail properties
    Property subtype
    Retail space

    Description

    This exceptional investment opportunity presents a modern, 7,500-square-foot Dollar General store located at 348 IL-121 in Bethany, Illinois, 61914. Built in 2017, this single-tenant property boasts a contemporary design and offers a strong 6.49% cap rate with a Net Net Net (NNN) lease. The property features a spacious interior layout, ample parking for both employees and customers, and benefits from high visibility along State Highway 121. Currently 100% occupied by Dollar General under a lease with 10 years remaining (commencing October 5, 2018), this investment provides immediate and substantial returns. The building incorporates energy-efficient features, minimizing operating costs and maximizing long-term value. The property's strategic location in central Illinois ensures excellent accessibility and strong market presence. With a Net Operating Income (NOI) of $81,134 and an asking price of $1,250,000, this represents a compelling opportunity for investors seeking a stable, high-performing retail asset. The price per square foot is $166.67. This well-maintained property offers a rare combination of strong tenant occupancy, attractive financial metrics, and a desirable location, making it an ideal addition to any investment portfolio.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bethany
    County
    Moultrie
    State
    Illinois
    Longitude
    -88.744
    Latitude
    39.6533

    Comparable in this City

    • Value Estimation by Request
      1,677 SF

      119 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,677 SF
      119 Main St, Bethany, IL 61914-1079
      View Details
    • Value Estimation by Request
      1,574 SF

      105 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,574 SF
      105 Main St, Bethany, IL 61914
      View Details
    • Value Estimation by Request
      2,962 SF

      Bethany, IL 61914

      RETAIL STORES (PERSONAL SERVICES) • 2,962 SF
      Bethany, IL 61914
      View Details
    • Value Estimation by Request
      2,378 SF

      212 Ws Water St

      RETAIL STORES (PERSONAL SERVICES) • 2,378 SF
      212 Ws Water St, Bethany, IL 61914
      View Details
    • Value Estimation by Request
      1,920 SF

      Bethany, IL 61914

      RETAIL STORES (PERSONAL SERVICES) • 1,920 SF
      Bethany, IL 61914
      View Details
    • Value Estimation by Request
      4,610 SF

      102 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,610 SF
      102 Main St, Bethany, IL 61914-8613
      View Details

    Similar Nearby for Sale

    • $1,250,000
      7,500 SF

      Modern Retail Building in Bethany

      7,500 SF Dollar General built in 2017.
      348 State Highway 121, Bethany, IL 61914
      View Details
    • $1,250,000
      7,500 SF

      Bethany Retail Space - Prime Location

      High-traffic retail space, excellent visibility.
      348 State Highway 121, Bethany, IL 61914
      View Details
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    348 Il-121
    Bethany, IL 61914
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
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