Yellow Key Property Management — Verified property manager on PropertyManagement.com

Yellow Key Property Management

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Quick summary
Yellow Key Property Management is a property management company based in Villa Park, IL, They serve 58 surrounding markets, They manage 229+ units and and have been in business since (22 years).
200+
Doors Managed
21
Years Experience
73
Google Reviews

Company Overview

At Yellow Key Property Management, we provide incredible value by delivering elite level leasing times and communication to our clients. We achieve some of the fastest times to lease, highest tenant satisfaction, and highest lease renewal rates in the industry. Our goal is to provide the best possible service for suburban Chicago property owners while minimizing landlord related risk for our clients. Whether you own one home or several, our team is eager to help you maximize your earning potential.

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Certifications

Rental Price Accuracy

This company has verified that the rents it achieves track market rates, benchmarked against independent market data across its occupied portfolio. Tighter verified pricing earns higher certification tiers.

Verified

Speedy Repair

Median Speed of Repair2.31 Days

This company has verified its speed of repair: the median time from a work order being created to the work being done, across all work orders completed in the last 90 days. Faster verified repair times earn higher certification tiers.

Verified

Occupancy Rate

Occupancy Rate97.30 %

This company has verified the occupancy rate of its actively managed portfolio: occupied units as a share of all actively managed residential units, measured as a current snapshot. Higher verified occupancy earns higher certification tiers.

Verified

Lease Renewal Expert

Average Renewal Rate96.20 %

This company has verified its lease renewal rate for all leases that came up for renewal in the last 90 days, counting new lease terms, month-to-month conversions, and continuing month-to-month tenants as renewals. Higher verified renewal rates earn higher certification tiers.

Verified

NARPM Membership

This company is an active member of the National Association of Residential Property Managers (NARPM), engaged in its professional standards and education programs.

Verified

Tech Enabled

This company has verified that it runs on a vetted technology and vendor stack that delivers strong outcomes for property owners.

Verified

Asset Manager

This company has team members who completed a certified asset management course, training them to advise owners on the investment side of their rentals, beyond day-to-day management.

Verified
RentEngine

Financial Trust

This company has verified that its trust accounts reconcile with its books, confirming proper trust accounting and security deposit handling.

Verified

Rent Collection Rate

Average Rent Collection Rate99.30%

This company has verified its rent collection rate: the share of rent charged that was actually collected over the last 90 days. Higher verified collection rates earn higher certification tiers.

Verified

Speedy Leasing

Median days on market6 days
Lead to Application Rate20.9%
Avg. lead response time12.8 secs
Verified
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Customer Reviews & Ratings

Google
4.9
Based on 73 reviews
Yelp
4.3
Based on 6 reviews
Better Business Bureau
A+

BBB and Yelp ratings are influenced by ads or paid accreditation. They are still shown for transparency but don’t affect TrueMatch™ score.

Homeowner Survey Results

Data last updated on 05/25/2026, 2:13 PM CST

Overall Satisfaction
10 /10
Top 1%
Leasing Performance
10 /10
Top 1%
Vacancy Time
7.3 /10
Top 20%
Maintenance Communication
8.4 /10
Accounting & Financial Reporting
9.2 /10
Top 30%

Company reviews

Frequently Asked Questions

What types of properties do you manage?

We manage residential property. This includes single-family homes, townhomes, single condos, and small multi-family apartment buildings.

How long have you been in business?

We have been managing property in the Chicagoland area for 22 years.

How and when do I receive my rental funds/proceeds?

We direct deposit your net rental proceeds into a bank account that you specify during your initial account setup. Our goal is to distribute any available owner funds on or before the 10th day of each month.

How soon can you start managing my property?

We can usually begin managing your property within a week of our first contact.

How is the TrueMatch™ Score calculated?

We evaluate property management services across four key areas: performance efficiency, cost-effectiveness, reliability, and credibility. These scores reflect how well we manage vacancies and rent collection, deliver value for money, maintain consistent service and communication, and uphold industry standards through experience and proven success.
Yellow Key Property Management — Verified property manager on PropertyManagement.com

Company Details

401 North Ave Ste 16, Villa Park, IL 60181

Property Types

Condominiums Duplexes / Triplexes / Fourplexes Multi-Family Single-Family Townhouses

Credentials

Licensed Insured

Asset Class Focus

A-Class B-Class

Company Size

Mid-Market [200-499]

Years in Business

21 years

Founded Year

2004

Verification Status

Verified by PropertyManagement.com

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