Investor profile - IL
Akash Patel
Akash Patel is a real estate investor and operator based in Chicago, IL-IN-WI. Public filings show activity across 5 properties held through 4 holding companies. Recent mortgage relationships include Shoreham Bank, THE LITCHFIELD NATL BANK, and Holcomb Bank.
Akash's Activity
As of December 2025, public records show approximately $4.8M in recorded mortgage exposure linked to this investor across at least 3 mortgage filings and 5 properties held through 4 holding companies. Activity appears concentrated in residential and commercial assets recorded between 2017 and 2025.
Primary Geography
Chicago, IL-IN-WI
ZIP codes: 60640, 60031, 60173, and 60614
Most recorded activity for this investor appears in CHICAGO, SCHAUMBURG, and GURNEE.
Property Type Breakdown
Associated Entities (4)
IL · 1 property · 1 mortgage
IL · 0 properties · 1 mortgage
IL · 0 properties · 1 mortgage
+1 more not shown
Mortgages (3)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 01/16/2025 | $825k | Open | THE LITCHFIELD NATL BANK | AXARDERI LLC | 724 W MAIN ST, CARLINVILLE, IL 62626 |
| 12/04/2024 | $4.0M | Open | Shoreham Bank | AJJ GURNEE HOSPITALITY LLC | 6090 GURNEE MILLS CIR E, GURNEE, IL 60031 |
| 05/26/2022 | $2.3M | Closed | Holcomb Bank | DAAN HOSPITALITY LLC | 1314 W LINCOLN HWY, DEKALB, IL 60115 |
+0 more not shown
Owned Properties (5)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 6090 GURNEE MILLS CIR E, GURNEE, IL 60031 | AJJ GURNEE HOSPITALITY LLC | Owns - 13 mos | $4.8M |
| 4537 N CLARK ST, CHICAGO, IL 60640 P-17 | HERI UGARTE | Owns - 19 mos | $0 |
| 4537 N CLARK ST, CHICAGO, IL 60640 P-17 | ETHAN BALDWIN | Sold | $0 |
+2 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential and commercial properties across Chicago, IL-IN-WI.
What companies is Akash Patel associated with?
Akash Patel is associated with 4 entities based on extracted signatures from public records. Key entities include AJJ GURNEE HOSPITALITY LLC, DAAN HOSPITALITY LLC, AXARDERI LLC, and AFRISTAR INC.
How many properties are associated with this investor?
At least 5 properties are associated with Akash Patel and the entities they control, based on signatures extracted from recorded documents connecting Akash Patel to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Shoreham Bank, THE LITCHFIELD NATL BANK, and Holcomb Bank, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2017 through 2025, with the most recent mortgage recorded in 2025.
How is associated activity determined?
Elementix uses AI to extract signatures from recorded documents. These signatures are used to determine the relationships between people and entities. This is a novel approach that goes beyond looking at corporate filings and skip-tracing.
The information displayed on this page is compiled from recorded real estate documents, business filings, and other lawfully available sources. Elementix summarizes and analyzes public record activity related to investment real estate and associated business entities. Any contact indicators shown (such as email domain references or partial phone digits) are provided solely as unverified signals and may be incomplete or outdated.
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