Investor profile - IL
Hetal Patel
Hetal Patel is a real estate investor and operator based in Chicago, IL-IN-WI. Public filings show activity across 19 properties held through 22 holding companies. Recent mortgage relationships include American Community Bank & Trust, Midland States Bank, and MURPHY WALL STATE BANK.
Hetal's Activity
As of December 2025, public records show approximately $51.1M in recorded mortgage exposure linked to this investor across at least 28 mortgage filings and 19 properties held through 22 holding companies. Activity appears concentrated in residential and commercial assets recorded between 2013 and 2025.
Primary Geography
Chicago, IL-IN-WI
ZIP codes: 60016, 60169, 60453, 60008, and 60010
Most recorded activity for this investor appears in DES PLAINES, HOFFMAN ESTATES, OAK LAWN, BRIDGEVIEW, and STREAMWOOD.
Property Type Breakdown
Associated Entities (22)
IL · 1 property · 5 mortgages
IL · 2 properties · 4 mortgages
IL · 0 properties · 3 mortgages
+19 more not shown
Mortgages (28)
Top Lenders
$22.7M · 5 loans
$8.4M · 1 loan
$4.6M · 3 loans
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 09/04/2025 | $8.4M | Open | Midland States Bank | HRS HOSPITALITY GROUP LLC | 2423 BUSHWOOD DR, AURORA, IL 60506 |
| 05/14/2025 | $976k | Open | Millennium Bank | SHRI DUTT FOREST PARK REAL ESTATE LLC | 7618 MADISON ST, FOREST PARK, IL 60130 |
| 05/14/2025 | $976k | Open | Millennium Bank | SHRI DUTT FOREST PARK REAL ESTATE LLC | 7622 MADISON ST, FOREST PARK, IL 60130 |
+25 more not shown
Owned Properties (19)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 7737 W 87TH ST, BRIDGEVIEW, IL 60455 | SNAHEL PATEL | Owns - 20 mos | $0 |
| 4754 W 101ST ST, OAK LAWN, IL 60453 | WELLS FARGO BANK NA | Sold | $0 |
| 1340 KINGSBURY DR, HANOVER PARK, IL 60133 2 | NEIL PATEL | Owns - 3.6 yrs | $175k |
+16 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential, commercial, and multifamily properties across Chicago, IL-IN-WI.
What companies is Hetal Patel associated with?
Hetal Patel is associated with 22 entities based on extracted signatures from public records. Key entities include WAUKEGAN IMMEDIATE CARE LLC, LAKE AVENUE OFFICE CENTER LLC, SALUKI HOSPITALITY LLC, SHRI DUTT FOREST PARK REAL ESTATE LLC, and HUNTLEY REED LLC.
How many properties are associated with this investor?
At least 19 properties are associated with Hetal Patel and the entities they control, based on signatures extracted from recorded documents connecting Hetal Patel to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references American Community Bank & Trust, Midland States Bank, and MURPHY WALL STATE BANK, 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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