Investor profile - IL
Dilip Patel
Dilip Patel is a real estate investor and operator based in Chicago, IL-IN-WI. Public filings show activity across 4 properties held through 13 holding companies. Recent mortgage relationships include Old National Bank, Central Bank Illinois, and Bank & Trust Company.
Dilip's Activity
As of December 2025, public records show approximately $19.2M in recorded mortgage exposure linked to this investor across at least 10 mortgage filings and 4 properties held through 13 holding companies. Activity appears concentrated in residential and multifamily assets recorded between 2013 and 2025.
Primary Geography
Chicago, IL-IN-WI
ZIP codes: 60090, 60101, 60501, and 60614
Most recorded activity for this investor appears in WHEELING, ADDISON, SUMMIT, and CHICAGO.
Property Type Breakdown
Associated Entities (13)
IL · 2 properties · 4 mortgages
IL · 0 properties · 2 mortgages
IL · 0 properties · 1 mortgage
+10 more not shown
Mortgages (10)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 10/29/2025 | $1.8M | Open | Commerce Bank | TWENTY TWO HOSPITALITY LLC | 200 S 3RD ST, QUINCY, IL 62301 |
| 06/13/2025 | $8.4M | Open | Old National Bank | SREC SUMMIT LAND LLC | 6100 S ARCHER RD, SUMMIT, IL 60501 |
| 11/22/2022 | $2.4M | Open | Bank & Trust Company | GOLD STAR MANAGEMENT LLC | 3440 E CLEAR LAKE AVE, SPRINGFIELD, IL 62702 |
+7 more not shown
Owned Properties (4)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 1648 W DIVERSEY PKWY, CHICAGO, IL 60614 2 V | WENDY LANDOW | Sold | $1.1M |
| 6100 S ARCHER RD, SUMMIT, IL 60501 | SREC SUMMIT LAND LLC | Owns - 3.3 yrs | $350k |
| 833 MCHENRY RD, WHEELING, IL 60090 | BAYVIEW LOAN SERVICING LLC | Owns - 10.6 yrs | $0 |
+1 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential and multifamily properties across Chicago, IL-IN-WI.
What companies is Dilip Patel associated with?
Dilip Patel is associated with 13 entities based on extracted signatures from public records. Key entities include GANESH DONUTS LLC, TWENTY TWO HOSPITALITY LLC, PIPER LANE APARTMENTS INC, PEORIA HOSPITALITY LLC, and RISHU LLC.
How many properties are associated with this investor?
At least 4 properties are associated with Dilip Patel and the entities they control, based on signatures extracted from recorded documents connecting Dilip Patel to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Old National Bank, Central Bank Illinois, and Bank & Trust Company, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2013 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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