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    Lawrenceville, IL
    Restaurants

    Lawrenceville, IL Restaurants for Sale

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    Vincennes, IN Bruceville, IN Bridgeport, IL Flat Rock, IL Robinson, IL Oblong, IL Bicknell, IN Palestine, IL
    6 properties
    Historic Bar and Event Property
    Updated: Sep 8
    Historic Bar and Event Property

    519 12th Street, Lawrenceville, IL 62439

    $249,900
    16,640 sqft 1.04 AC lot
    16,640 square feet of commercial space on 1.04 acres
    Three full bars and a commercial kitchen with remaining appliances
    Reception and event halls plus a gaming room
    1918 brick building in downtown Lawrenceville
    Elevator and handicap‑accessible restrooms
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    Freestanding Drive-Through Restaurant
    Updated: Jan 21
    Freestanding Drive-Through Restaurant

    1310 State Street, Lawrenceville, IL 62439

    $300,000
    1.30 AC lot
    Freestanding commercial building with existing drive‑through
    1.3‑acre commercial site on State Street in Lawrenceville, IL
    Multiple points of ingress and egress
    On‑site parking
    Built in 1986 with central air conditioning
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    Retro-Style Diner Property
    Retro-Style Diner Property

    2002 S 15th Street, Lawrenceville, IL 62439

    $175,000
    1.09 AC lot

    Existing restaurant improvements include central air, tile flooring, and a sizable outdoor area.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Downtown Bar Property
    Downtown Bar Property

    519 12th Street, Lawrenceville, IL 62439

    $249,900
    8,068 sqft

    Built in 1918, the property combines multiple hospitality areas with commercial kitchen infrastructure and event-oriented spaces.

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    Retro Diner Restaurant
    Retro Diner Restaurant

    2002 S 15th St, Lawrenceville, IL 62439

    $175,000
    1,163 sqft 1.09 AC lot

    Established commercial site with on-site parking and a substantial outdoor area for restaurant or retail use.

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    Lawrenceville Restaurant with Drive-Thru
    Lawrenceville Restaurant with Drive-Thru

    1310 State St, Lawrenceville, IL 62439

    $300,000
    3,126 sqft

    Freestanding commercial building with drive-thru on primary commercial corridor.

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 Active listings in Lawrenceville, 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.

    Brick Bar & Pub Building
    Brick Bar & Pub Building

    117 & 121 N Cross St, Robinson, IL 62454

    $299,000
    10,000 sqft 0.13 AC lot

    Established bar and pub business with transferable state, local, and gaming licenses.

    View details
    Historic Bar and Restaurant Building
    Historic Bar and Restaurant Building

    101 N 2nd St, Vincennes, IN 47591

    $555,000
    5,667 sqft

    Historic bar and restaurant building with bar room, dining/event space, outdoor patio, and commercial kitchen area.

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    Mixed-Use Property with RV Park
    Mixed-Use Property with RV Park

    9274 E 1050th Ave, Robinson, IL 62454

    Contact for pricing
    6,500 sqft

    State-certified RV facilities accompany a commercial building with liquor, bar and grill, and video gaming operations.

    View details
    Historic Bar with Event Space
    Historic Bar with Event Space

    101 N 2nd Street, Vincennes, IN 47591

    $555,000
    0.15 AC lot

    Multifunctional hospitality property with dining, patio, kitchen, and room for gatherings exceeding 100 guests.

    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.

    C3 Commercial Land
    C3 Commercial Land

    631 Kimmell Road, Vincennes, IN 47591

    $899,999
    1.00 AC lot

    Vacant commercial parcel with C3-General Commercial zoning and city water and sewer.

    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
    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 sit north of the Goodwill Industries retail store along West Broadway Street.

    View details

    Lawrenceville, IL Restaurants Market Trends and Statistics

    Explore 6 restaurants for sale in Lawrenceville, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 28,997 square feet of properties for sale, with an estimated market value of $1,449,800.

    Sale prices for restaurant properties in Lawrenceville, IL start at $175,000, averaging $241,633, and reaching up to $300,000 — 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

    Conventional restaurants 5
    Bars & Pubs 2
    Drive through restaurants 2
    Commercial kitchens 1

    Demographics Overview

    Population 7,097
    Population Growth (5Y) -1.0%
    Median Household Income $52,083
    College Educated 29.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62439 $241.6K

    Taxes & Financing

    Tax Rate (average for all types) 6.78%
    Property Tax per SF $88.66 per SF
    Average Loan-to-Value 65.0%

    How Realmo verifies these figures

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    Featured Lawrenceville Real Estate Agencies

    Realmo connects you with licensed Lawrenceville CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Parrott Real Estate & Auction Co., LLC
    1205 State Street Lawrenceville, IL
    Phone: (618) 943-4905
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