CRER is pleased to announce the lease of the ground-floor retail corner at The Teller House, 4753 N. Broadway, to Queen Yemeni Coffee. Steven Rapoport, CCIM, represented the landlord, CEDARst, in the transaction. The space occupies the best corner in Uptown, at the intersection of Broadway and Lawrence.
Queen Yemeni Coffee is an independent, heritage-driven brand that builds its menu around the origins of coffee itself. This is not a cookie-cutter national tenant. Queen offers a differentiated product and genuine local character, the kind of retail that brings life to a corner and personality to a neighborhood.
Queen Coffee is a perfect addition to Uptown, Chicago’s original entertainment district, a destination that rivaled the Loop in the early 1900s. That energy endures: the Green Mill still hosts live jazz seven nights a week, and the Aragon and Riviera continue to draw sold-out crowds.
The Teller House building opened in 1924 as the Sheridan Trust and Savings Bank, during the golden age of bank architecture, and was designated a Chicago Landmark in 2008. CEDARst acquired the building in 2019 and completed one of the city’s more ambitious adaptive reuse projects, converting the upper floors into 176 apartments, the original banking hall into co-working space, and the ground floor into corner retail. Filling ground-floor retail in a landmark building calls for the right tenant, not simply any tenant: a use that drives foot traffic, complements the residents above, and strengthens the corner. Queen Yemeni Coffee meets all three, turning a vacant former Starbucks into an active, high-visibility amenity that reinforces the live-work environment CEDARst created.
The building has history with the firm. CRER managed it before CEDARst’s 2019 acquisition, and Rapoport leased space here early in his career, making the assignment to place the right tenant on this corner a full-circle deal.
Other recent CRER commercial leases include:
Have Vacant Retail Space in Chicago? Request a Leasing Strategy. If you own retail or commercial space in Chicago, the right tenant can turn a vacancy into a long term, value adding asset. Recent leases across the city show that well positioned space is still attracting strong tenants and solid deal terms, even as the market shifts.
I specialize in helping owners:
- Position and market space to attract the right tenants
- Identify the best use and ideal tenant mix for the location
- Connect with active local operators and national retailers
- Negotiate lease terms that protect long term value
- Run an efficient, well managed leasing process from listing to signed lease
Whether it’s a single storefront or an entire building, I would be happy to review your space and discuss current tenant demand along your corridor.
Contact Steven Rapoport Stevenr@crer.com at 847 863 2707
