Investor profile - IL
Bharat Patel
Bharat Patel is a real estate investor and operator based in Chicago, IL-IN-WI. Public filings show activity across 22 properties held through 47 holding companies. Recent mortgage relationships include INLAND BANK AND TRUST, Busey Bank, and CBRE Capital Markets.
Bharat's Activity
As of December 2025, public records show approximately $61.0M in recorded mortgage exposure linked to this investor across at least 51 mortgage filings and 22 properties held through 47 holding companies. Activity appears concentrated in multifamily and commercial assets recorded between 2012 and 2025.
Primary Geography
Chicago, IL-IN-WI
ZIP codes: 60189, 60133, 60123, 60131, and 60163
Most recorded activity for this investor appears in WHEATON, HANOVER PARK, SCHAUMBURG, CHICAGO, and TINLEY PARK.
Property Type Breakdown
Associated Entities (47)
IL · 2 properties · 4 mortgages
IL · 0 properties · 4 mortgages
IL · 1 property · 4 mortgages
+44 more not shown
Mortgages (51)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 11/10/2025 | $1.5M | Open | Old Second National Bank | HD ST CHARLES LLC | 2751 E MAIN ST, SAINT CHARLES, IL 60174 |
| 06/11/2025 | $1.9M | Open | Busey Bank | HARI DEVELOPMENT 83 LLC | 7100 RT 83, DARIEN, IL 60561 |
| 06/05/2025 | $3.0M | Open | Busey Bank | HARI DEVELOPMENT 83 LLC | - |
+48 more not shown
Owned Properties (22)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 3501 N CENTRAL AVE, CHICAGO, IL 60634 | JAY NILKANTH PROPERTIES LLC | Owns - 2.6 yrs | $0 |
| 1940 MARK AVE, ELGIN, IL 60123 | MERIDIAN 1940 MARK LLC | Owns - 5.2 yrs | $980k |
| 9760 S DOBSON AVE, CHICAGO, IL 60628 | HARIHAR NARASIMHAIYER | Sold | $89k |
+19 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in multifamily, commercial, and residential properties across Chicago, IL-IN-WI.
What companies is Bharat Patel associated with?
Bharat Patel is associated with 47 entities based on extracted signatures from public records. Key entities include SAROOR LLC, HARI DEVELOPMENT YORKVILLE LLC, ROCK ISLAND COFFEE LLC, 75TH DEVELOPMENT LLC, and HARI DEVELOPMENT 83 LLC.
How many properties are associated with this investor?
At least 22 properties are associated with Bharat Patel and the entities they control, based on signatures extracted from recorded documents connecting Bharat Patel to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references INLAND BANK AND TRUST, Busey Bank, and CBRE Capital Markets, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2012 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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