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    Grayville, IL
    Conventional Restaurant

    Grayville, IL Conventional Restaurants for Sale

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    Albion, IL Crossville, IL Browns, IL Mount Carmel, IL New Harmony, IN Carmi, IL Poseyville, IN Golden Gate, IL
    Restaurant Property With Equipment
    Updated: Nov 11, 2025
    Restaurant Property With Equipment

    416 E North St., Grayville, IL 62844

    $72,000
    Two buildings included with the property
    Cooking equipment and café area in the second building
    Large freezers, sinks, concrete floor, drains, and half bath
    Equipment purchased in 2018 and used for two years
    Public water service
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Grayville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant Building with Storage
    Restaurant Building with Storage

    1714 W. Main St, Carmi, IL 62821

    $425,000
    2,300 sqft

    Freestanding restaurant building offers a dining room and commercial kitchen plus two back storage buildings.

    View details
    Restaurant with Full Kitchen
    Restaurant with Full Kitchen

    7247 Main Street, Wadesville, IN 47638

    $649,900
    0.74 AC lot

    Operational dining property with a spacious dining area, on-site parking, and a roadside position in Wadesville.

    View details
    Commercial Kitchen Property
    Commercial Kitchen Property

    1714 W Main St, Carmi, IL 62821

    $425,000
    0.52 AC lot

    Dining and food-preparation areas are complemented by two rear storage buildings.

    View details
    Turn-Key Restaurant Opportunity
    Turn-Key Restaurant Opportunity

    7247 Main St, Wadesville, IN 47638

    Contact for pricing
    3,606 sqft

    Established restaurant with loyal clientele in Posey County.

    View details

    Grayville, IL Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Grayville, IL on our real estate platform.

    Sale prices for conventional restaurants in Grayville, IL average $72,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial kitchens 1
    Conventional restaurants 1

    Demographics Overview

    Population 1,904
    Population Growth (5Y) -12.9%
    Median Household Income $49,659
    College Educated 17.1%

    High-Yield Neighborhoods for Investment

    Identify Grayville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    62844 $72K

    Taxes & Financing

    Tax Rate (average for all types) 9.24%
    Tax Rate vs County Average 1.53 pp above county avg
    Average Loan-to-Value 65.0%

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