Former National Tenant - Restaurant Redevelopment Opportunity - IL 121

381 Illinois 121, Bethany, IL 61914

  • For Lease Contact for pricing
  • Property Type Retail - Street Retail
  • Property Size 2,366 SF
  • Lot Size 0.28 Acre
  • Parking Spaces Avail. 12
  • Property Tenancy Multi-Tenant
  • Year Built 2001
  • Date Updated Jul 11, 2025
Located along busy Hwy 121 in the heart of Bethany, IL, this property offers excellent visibility and accessibility with approximately 4,650 vehicles passing daily. Situated on a prominent corridor connecting surrounding communities, the site benefits from steady commuter and local traffic, making it an ideal location for national tenants, quick-service restaurants, or retail operations. Surrounded by residential neighborhoods, schools, and local businesses, the property sits in a growing area with strong demand for convenient services and dining options. Its strategic position on Hwy 121 ensures your business enjoys maximum exposure to daily travelers and area residents alike.Outstanding location on Hwy 121 with excellent visibility and approximately 4,650 vehicles per day (VPD). Previously operated as a national tenant sub shop, this high-traffic property offers an exceptional opportunity for a brand seeking a prominent, accessible site with strong exposure to passing motorists. All existing equipment remains with the property, providing a turnkey foundation for restaurant, retail, or service use. The interior presents an opportunity for updates and customization to meet brand standards, while the site layout could easily accommodate a drive-through lane—perfect for leveraging the consistent daily traffic along this busy corridor. The building also features a secondary entrance leading to a separate office or retail space, ideal for additional operations or supplemental income. Lease terms are negotiable, and the owner is open to contract-for-deed options. Motivated seller, secure this prime location for your next successful location!The west portion of the building offers approximately 480 SF of open, leasable space, ideal for a small office, boutique, or start-up shop. With its own entrance and flexible layout, this space provides an affordable opportunity for a business looking to establish itself in a visible, accessible location. The east portion of the building offers approximately 1,886 SF, formerly operated as a Subway restaurant. This space features a dining area, service counter, kitchen/prep area, and storage, making it ideal for a quick-service restaurant or adaptable for other retail or service uses. Excellent visibility and existing infrastructure allow for a smooth transition for a new tenant or owner.
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Spaces Available

Contacts

broker

Vieweg Real Estate

Location

Getting Around

  • Walk Score ®

    29/100 Car-Dependent
  • Bike Score ®

    37/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Bethany, IL
  • Neighborhood Bethany
  • Zip Code 61914

Points of Interest

  • Casey's General Store

    0.03 miles

  • Subway

    7.52 miles

  • McDonald's

    7.87 miles

  • Kirby Foods IGA

    7.90 miles

Frequently Asked Questions

How much does retail space at 381 Illinois 121 cost?

The price for retail space for lease at 381 Illinois 121 is available upon request. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 381 Illinois 121?

The property has 2,366 square feet of rentable Street Retail space. Rental opportunities here are available under NNN lease terms.

The building accommodates a Multi-Tenant lease setup. Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 381 Illinois 121?

381 Illinois 121 offers 12 parking spaces. Additionally, you can find 1 fuel station(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

No, there are no spaces zoned for retail activities within a 0.5-mile radius around 381 Illinois 121.

Is 381 Illinois 121 located in a popular area for retail businesses?

The property is part of Bethany.

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Contact Listing Broker
broker

Vieweg Real Estate

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