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Live Music Bar and Restaurant
For Sale
Contact for pricing
Pending

940 W Weed St, Chicago, IL 60642

For sale retail property occupied by Joe’s on Weed, an established live music venue, bar, and restaurant.

Property Size18,512 SF
Days on Market437

Property Features for 940 W Weed St

General Information

Standard status Pending
Size 18,512 SF
Property subtype Retail
Occupancy 100%
Lease Type Gross
Investment Type Redevelopment

Building Details

Tenancy Single
Listing Agency: Mid-America Real Estate
Listed By: George Ghattas · License #IL 475135588
Source: Crexi
Added: Jun 27, 2025 Changed: Aug 8 Last Checked: Jul 24 at 4:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mid-America Real Estate

Investment Insights

Based on property information with market context.

Mid-America Real Estate Corporation is pleased to present 940 W Weed St, Chicago, IL 60642, an occupied live music bar and restaurant retail property for sale. The asset is currently home to the longstanding tenant Joe’s on Weed, which operates as an iconic live music venue, bar, and restaurant.

The property is offered as a trophy retail asset with an active tenant in place. The presenting parties are directing all cooperating broker inquiries to George Ghattas.

This offering is being marketed for qualified investors seeking to acquire a commercially operated venue that is already operating under the Joe’s on Weed brand.

Key Highlights

  • Retail property for sale at 940 West Weed Street
  • Currently occupied by longtime tenant Joe’s on Weed
  • Tenant operates an established live music venue, bar, and restaurant

Property Analytics

Current Use

sdaasedsa Bar & Pub Joe's on Weed St. Bar & Pub

Suggested Use

Top Pick Building Supply Auto Parts Store Auto Repair Shop Big Box & Wholesale Store Garden Center Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,536
Businesses Nearby
514k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 27% Groceries 21% Apparel 15% Shops & Services 14%
Whole Foods Market Groceries
56,495 visits/mo 0.1 miles
The Home Depot Home Improvements & Furnishings
47,033 visits/mo 0.3 miles
Apple Store Electronics
31,272 visits/mo 0.2 miles
Starbucks Dining
29,699 visits/mo 0.2 miles
Nordstrom Rack Apparel
29,650 visits/mo 0.0 miles

Demographics for 60642, IL

21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Bar & Pub - For sale retail property occupied by Joe’s on Weed, an established live music venue, bar, and restaurant.
Where is this bar & pub located?
The property is located at 940 W Weed St Chicago, IL.
What are key features of this property?
This property features: Retail property for sale at 940 West Weed Street; Currently occupied by longtime tenant Joe’s on Weed; Tenant operates an established live music venue, bar, and restaurant
(630) 954-7398 Call to check price and availability
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