Restaurants

Lawrenceville, IL Restaurants for Sale

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Vincennes, IN Bridgeport, IL Bruceville, IN Carlisle, IN Oblong, IL Bicknell, IN Allendale, IL Decker, IN
Freestanding Restaurant with Drive-Through
Updated: Jan 21
Freestanding Restaurant with Drive-Through

1310 State Street, Lawrenceville, IL 62439

$300,000
1.30 AC lot
Freestanding commercial building in Lawrenceville, IL formerly used as a Hardee's restaurant
Existing drive‑thru plus multiple points of ingress/egress and ample on‑site parking
Located on State Street, the primary commercial corridor serving the community
Commercial zoning
Built in 1986 with central air cooling
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Retro-Style Diner with Retail Conversion
Updated: Jul 1, 2025
Retro-Style Diner with Retail Conversion

2002 S 15th Street, Lawrenceville, IL 62439

$175,000
1.09 AC lot
1.09‑acre commercial property with ample parking and a large outdoor area
Currently operating as a retro‑style diner
Central air cooling
Tile flooring
Roof includes shingle and metal
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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 11 Potential Opportunities for your consideration. Besides 3 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.

Turnkey Dual-Building Restaurant
Turnkey Dual-Building Restaurant

118 S Main St, Palestine, IL 62451

$99,900
1,862 sqft 0.08 AC lot

Combined restaurant buildings offered with extensive kitchen equipment and front-of-house buildout for an easy operating transition.

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QSR Drive-Thru Restaurant Building
QSR Drive-Thru Restaurant Building

2332 North 6th Street, Vincennes, IN 47591

Contact for pricing
3,000 sqft

Standalone drive-thru restaurant building suited for quick-service concepts along a main retail corridor.

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Historic Restaurant Building
Historic Restaurant Building

105 S Main St, Palestine, IL 62451

Contact for pricing
0.03 AC lot

Original Mesker-style building on Main Street, offered for sale as-is with contents included.

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Historic Bar and Restaurant Building
Historic Bar and Restaurant Building

101 N 2nd Street, Vincennes, IN 47591

$570,000

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

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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.

General Commercial Vacant Lot
General Commercial Vacant Lot

631 Kimmell Road, Vincennes, IN 47591

$899,999
1.00 AC lot

Vacant 1-acre lot zoned C3 with city water and sewer, positioned across from Walmart for retail development.

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Site-Ready Building Lots
Site-Ready Building Lots

3217 W Broadway Street, Princeton, IN 47670

$99,900
1.27 AC lot

Three site-ready lots with utilities available, positioned for retail, office, or restaurant development with seller approval.

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Site-Ready Commercial Building Lot
Site-Ready Commercial Building Lot

3221 W Broadway Street, Princeton, IN 47670

$109,900
1.70 AC lot

Site-ready commercial lot with utilities available, positioned for retail, office, or restaurant development near Goodwill.

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Site-Ready Building Lots
Site-Ready Building Lots

3217 W Broadway Street, Princeton, IN 47670

$99,900
1.27 AC lot

Three site-ready lots with utilities available, positioned for retail, office, or restaurant development near a major retailer.

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Lawrenceville, IL Restaurants Market Trends and Statistics

Explore 3 restaurants for sale in Lawrenceville, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,126 square feet of properties for sale, with an estimated market value of $300,000.

Sale prices for restaurant properties in Lawrenceville, IL start at $300,000, averaging $300,000, 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

Drive through restaurants 2
Breakfast & diners 1
Conventional restaurants 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 $258.3K

Taxes & Financing

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

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