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    Grayville, IL
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    Grayville, IL Restaurants for Sale

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    Crossville, IL Browns, IL Mount Carmel, IL
    Grayville Commercial Buildings and Equipment
    $72,000
    Grayville Commercial Buildings and Equipment

    416 E. North St., Grayville, IL 62844

    Two buildings with equipment, suitable for storage or restaurant use.
    • Two buildings included in sale.
    • Restaurant and storage/cleaning setup already in place.
    • Restaurant equipment included.
    • Equipment is relatively new (purchased in 2018, used for two years).
    • First building features freezers, sinks, concrete floor with drains, and half bath.
    Updated: Nov 11, 2025
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Grayville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Turn-Key Restaurant in Posey County
    $649,900
    0.74 Acres
    Turn-Key Restaurant in Posey County

    Well-known restaurant with established customer base and strong community presence.

    7247 Main Street, Wadesville, IN 47638

    View details
    Drive-Up Restaurant with Walk-Ins
    $94,900
    0.66 Acres
    Drive-Up Restaurant with Walk-Ins

    Restaurant property with drive-up service and included walk-in freezer and cooler in Mount Carmel, IL.

    318 W 9th Street, Mount Carmel, IL 62863

    View details
    Turn-Key Restaurant Opportunity
    $649,900
    3,606 SF
    Turn-Key Restaurant Opportunity

    Established restaurant with loyal clientele in Posey County.

    7247 Main St, Wadesville, IN 47638

    View details
    Restaurant with Drive-Up Service
    $94,900
    Restaurant with Drive-Up Service

    Restaurant setup with drive-up service and included walk-in refrigeration for high-traffic operations.

    318 W 9th Street, Mount Carmel, IL 62863

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Princeton Commercial Land Opportunity
    $109,900
    1.70 Acres
    Princeton Commercial Land Opportunity

    Three site-ready lots available for retail, office, or restaurant.

    3221 W Broadway Street, Princeton, IN 47670

    View details
    Princeton Commercial Land Opportunity
    $109,900
    1.70 Acres
    Princeton Commercial Land Opportunity

    Three site-ready lots available for retail, office, or restaurant.

    3221 W Broadway Street, Princeton, IN 47670

    View details
    Princeton Commercial Land Opportunity
    $99,900
    1.27 Acres
    Princeton Commercial Land Opportunity

    Three site-ready lots available for retail, office, or restaurant.

    3217 W Broadway Street, Princeton, IN 47670

    View details
    Princeton Commercial Land Opportunity
    $99,900
    1.04 Acres
    Princeton Commercial Land Opportunity

    Three 'Site Ready' lots available for retail, office, or restaurant.

    3219 W Broadway Street, Princeton, IN 47670

    View details

    Grayville, IL Restaurants Investment Opportunities Market Analysis

    Explore 1 restaurants for sale in Grayville, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $72,000.

    Sale prices for restaurant properties in Grayville, IL start at $72,000, averaging $72,000, and reaching up to $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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    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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