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    Mount Carmel, IL
    Restaurants

    Mount Carmel, IL Restaurants for Sale

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    Princeton, IN Patoka, IN Hazleton, IN
    Drive-Through Restaurant Building
    Updated: Jun 4
    Drive-Through Restaurant Building

    318 W 9th Street, Mount Carmel, IL 62863

    $94,900
    0.66 AC lot
    Currently set up as a restaurant with drive‑up service area and walk‑in freezer and walk‑in cooler included
    High‑traffic location suitable for a variety of business uses
    Central air cooling
    Tile - ceramic flooring
    Roof includes shingle and rubber materials
    View details
    Solid Brick Restaurant Building
    Updated: Apr 8
    Solid Brick Restaurant Building

    Mount Carmel, IL 62863

    Contact for pricing
    Solid brick one‑level commercial building with 2,000 sq ft of space
    Year built: 1900
    Brand‑new roof with new shingles
    Parking lot with open parking; roughly 12 parking spots
    Includes a 200 sq ft commercial kitchen and all mechanicals present
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    Renovated Event Venue Building
    Renovated Event Venue Building

    726 N Market Street, Mount Carmel, IL 62863

    $175,000
    10,915 sqft

    Renovated multi-level event facility with a dedicated commercial kitchen and rear basement entrance.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Restaurant with Drive-Up Service
    Restaurant with Drive-Up Service

    318 W 9th Street, Mount Carmel, IL 62863

    $94,900

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

    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Mount Carmel, 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.

    Retro-Style Diner with Retail Conversion
    Retro-Style Diner with Retail Conversion

    2002 S 15th Street, Lawrenceville, IL 62439

    $175,000
    1.09 AC lot

    A 1.09-acre property in Lawrenceville featuring a retro-style diner, ample parking, and outdoor space for retail or dining.

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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.

    View details
    Restaurant with Outdoor Event Area
    Restaurant with Outdoor Event Area

    217 N Main Street, Princeton, IN 47670

    $300,000
    0.67 AC lot

    Offer includes a building with bar and dining/arcade space, plus covered outdoor seating and a fenced event area.

    View details
    Princeton Site Ready Building Lots
    Princeton Site Ready Building Lots

    3217 W Broadway, Princeton, IN 47670

    $99,900

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

    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.

    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.

    View details
    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.

    View details
    Princeton Commercial Land Opportunity
    Princeton Commercial Land Opportunity

    3221 W Broadway Street, Princeton, IN 47670

    $109,900
    1.70 AC lot

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

    View details

    Mount Carmel, IL Restaurants Market Trends and Statistics

    Explore 4 restaurants for sale in Mount Carmel, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 10,915 square feet of properties for sale, with an estimated market value of $175,000.

    Sale prices for restaurant properties in Mount Carmel, IL start at $175,000, averaging $175,000, and reaching up to $175,000 — 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 2
    Conventional restaurants 2
    Drive through restaurants 2

    Demographics Overview

    Population 9,438
    Population Growth (5Y) -3.9%
    Median Household Income $52,073
    College Educated 25.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62863 $91.2K

    Taxes & Financing

    Tax Rate (average for all types) 7.07%
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

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