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KLY Development

Bellwood, IL 2–10 employees 1 principals

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Last updated 1w ago

About KLY Development

KLY Development is a real estate operator headquartered in Bellwood, IL. KLY Development operates in Chicago, Illinois. Its investment focus is on Affordable Housing, Multifamily - Value-Add and Senior Housing.

Karry L. Young Development, LLC (KLY Development) is a family-owned real estate development, construction, and consulting company founded in 1982. With approximately 44 years of operating history, the company maintains offices in Illinois and Mississippi. Its primary activities include residential and commercial development, property renovation, construction management, leasing, and redevelopment of existing buildings. KLY Development specializes in affordable housing, public housing rehabilitation, multifamily apartments, single-family homes, and mixed-use properties. Its project experience includes renovations of the 165-unit Kenneth Campbell Apartments, 154-unit Judge Green Apartments, and 60 townhomes at Richard Flowers Homes. The company also participated in a Chicago housing initiative involving 186 single-family homes and 44 multifamily buildings. Additional services include site planning, zoning, preconstruction, tenant improvements, financial analysis, and property performance consulting. KLY Development primarily operates in the Chicago metropolitan area, with experience in urban neighborhood revitalization and publicly supported residential projects.

Principals at KLY Development

Principal details are a Pro feature

1 principal on file

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Recent activity at KLY Development

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KLY Development's project portfolio

8 projects on file · Multifamily (4), Single-Family / For-Sale Residential (2), Mixed-Use (1), Residential (general) (1)

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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.

Markets and themes

Markets KLY Development operates in

  • Chicago, Illinois

Investment themes at KLY Development

  • Affordable Housing
  • Multifamily - Value-Add
  • Senior Housing
  • Single-Family Homes
  • Workforce Housing

Capabilities

  • Asset Management
  • Custom Homes
  • Economic Development
  • Public-private partnerships
  • Site Development
  • Transit-oriented development
  • Urban infill

Operators similar to KLY Development

  • Cypress Equity Investments
    Mid-market tierChicago, IllinoisSenior HousingAffordable Housing+2 more themes
  • Dream Development
    Mid-market tierSenior HousingAffordable Housing+3 more themes
  • Element Properties
    Mid-market tierSenior HousingAffordable Housing+3 more themes
  • Reger Holdings
    Mid-market tierSenior HousingAffordable Housing+3 more themes
  • W2 Real Estate Partners
    Mid-market tierSenior HousingAffordable Housing+3 more themes
  • Bender Companies
    Mid-market tierChicago, IllinoisAffordable HousingWorkforce Housing+1 more theme
  • Strada Investment Group
    Mid-market tierAffordable HousingWorkforce Housing+2 more themes
  • Excel Development Group
    Mid-market tierSenior HousingAffordable Housing+2 more themes
  • Leo Brown Group LLC
    Mid-market tierChicago, IllinoisSingle-Family HomesSenior Housing+1 more theme
  • Novin Development Corp. (NDC)
    Mid-market tierSenior HousingAffordable Housing+2 more themes

Frequently asked questions about KLY Development

What does KLY Development do?
Karry L.
Where is KLY Development based?
KLY Development is headquartered in Bellwood, IL.
What markets does KLY Development operate in?
KLY Development is active in Chicago, Illinois.
How many employees does KLY Development have?
KLY Development has 2–10 employees.
KLY Development cover image

KLY Development at a glance

Tier
Mid-market
Operator type
Developer, Owner
Headcount
2–10
Units owned
<1,000
Units managed
<1,000
Property mgmt
Self-Managed
Markets
1
Principals
1

Contact KLY Development

1010 Bellwood Ave, Bellwood, IL, 60104, United States
www.klydevelopment.com