Restaurants

Murphysboro, IL Restaurants for Sale

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Carbondale, IL Davis, IL Gorham, IL Vergennes, IL De Soto, IL Makanda, IL Ava, IL Carterville, IL
Event Center and Gaming Venue
Updated: Oct 21, 2025
Event Center and Gaming Venue

1329 WALNUT Street, Murphysboro, IL 62966

$650,000
0.18 AC lot
Built in 1916; brick construction with concrete, wood, and tile flooring
Downtown Murphysboro historic building originally constructed as the Murphysboro Elks Lodge (the “Old Elks Building”)
Operates as the Murphysboro Event Center for Rosie's Gaming
Event capacity for up to 500 guests, with lounge, full bar, ballroom, and renovated great hall
Includes kitchens, lobbies, and an elevator
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Multi-Tenant Retail Building
Updated: Jun 2
Multi-Tenant Retail Building

715 N 14th Street, Murphysboro, IL 62966

$550,000
3,750 sqft
1940‑built multi‑tenant commercial building with an on‑site laundromat plus Sweet Lou's Bakery and I Am Java Coffee House
Laundromat includes approx. 2,240 SF (40x56) of operational space plus a private 13x20 office for wash‑and‑fold
Laundromat offers self‑service laundry and wash‑and‑fold services, with room to add drycleaning and a bathroom
Bakery/coffee house features a 38x23 seating area and 2 bathrooms
Sale includes fully equipped businesses: laundromat equipment and bakery/coffee house equipment including a new walk‑in cooler, oven hood, and bar
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Murphysboro, 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.

Vacant Restaurant/Retail Asset in Carbondale
Vacant Restaurant/Retail Asset in Carbondale

2310 Reed Station Pkwy, Carbondale, IL 62901

$250,000
7,200 sqft 1.39 AC lot

7,200 SF building on 1.39-acre lot, suitable for redevelopment.

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Downtown Bowling and Lounge Building
Downtown Bowling and Lounge Building

304 W South Street, Perryville, MO 63775

$550,000
0.72 AC lot

Tenant-occupied bowling and lounge building with a large lot and a sizeable downtown footprint in Perryville.

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Prime Commercial Development Opportunity
Prime Commercial Development Opportunity

1324 W Saint Joseph Street, Perryville, MO 63775

$972,000
1,092 sqft 0.94 AC lot

0.94 acre commercial land with high traffic location.

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Remodeled Restaurant with Seating
Remodeled Restaurant with Seating

709 S Illinois Ave, Carbondale, IL 62901

Contact for pricing

Newly remodeled restaurant featuring included booths, tables, and chairs plus extra storage or banquet space.

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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.

Commercial Development Land with Road Frontage
Commercial Development Land with Road Frontage

1324 W Saint Joseph Street, Perryville, MO 63775

$972,000
1,092 sqft 0.94 AC lot

Corner commercial land with C-2 zoning, value-added site improvements, and 180 feet of road frontage.

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Commercial Land Lot
Commercial Land Lot

1302 N MARKET Street N, Sparta, IL 62286

$250,000
1.68 AC lot

Commercial lot near multiple national and local retailers, supporting a variety of neighborhood-serving development options.

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Downtown Commercial Development Lot
Downtown Commercial Development Lot

N Main Street, Cape Girardeau, MO 63701

$450,000
1.04 AC lot

Zoned Commercial lot on N Main Street, adjacent to the casino, positioned within busy downtown surroundings.

View details
Development Land Along Interstate
Development Land Along Interstate

207 & 301 N 44TH ST, Mount, Vernon, IL 62864

$1,215,000
4.86 AC lot

4.86 acres of development land with interstate frontage.

View details

Murphysboro, IL Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Murphysboro, IL on our real estate platform. These investment opportunities span a total of 3,750 square feet of properties for sale, with an estimated market value of $550,000.

Sale prices for restaurant properties in Murphysboro, IL start at $550,000, averaging $550,000, and reaching up to $550,000 — 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

Bars & Pubs 1
Coffee shops 1
Conventional restaurants 1

Demographics Overview

Population 14K
Population Growth (5Y) -8.3%
Median Household Income $54,242
College Educated 32.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62966 $399K

Taxes & Financing

Average Loan-to-Value 65.0%

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