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    Grayville, IL
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    Grayville, IL 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
    View details
    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 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.

    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

    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.

    Commercial Land with Utilities
    Commercial Land with Utilities

    3221 W Broadway Street, Princeton, IN 47670

    $109,900
    1.70 AC lot

    Three site-ready building lots offer flexible commercial development options west of Princeton.

    View details
    Commercial Land with Utilities
    Commercial Land with Utilities

    3221 W Broadway Street, Princeton, IN 47670

    $109,900
    1.70 AC lot

    Three building lots offer utility access for a future commercial development, subject to seller approval of plans and proposed uses.

    View details
    Commercial Land with Utilities
    Commercial Land with Utilities

    3217 W Broadway Street, Princeton, IN 47670

    $99,900
    1.27 AC lot

    Three building lots offer a 1.273-acre commercial land opportunity with utilities available for future development.

    View details
    Site-Ready Commercial Land
    Site-Ready Commercial Land

    3219 W Broadway Street, Princeton, IN 47670

    $99,900
    1.04 AC lot

    Utilities are available for commercial development on the west side of Princeton.

    View details

    Grayville, IL Restaurants Market Trends and Statistics

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

    Sale prices for restaurant properties 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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