Investor profile - IL
Jigar Patel
Jigar Patel is a real estate investor and operator based in Chicago, IL-IN-WI. Public filings show activity across 30 properties held through 27 holding companies. Recent mortgage relationships include Midland States Bank, Byline Bank, and United Midwest Savings Bank.
Jigar's Activity
As of December 2025, public records show approximately $58.5M in recorded mortgage exposure linked to this investor across at least 28 mortgage filings and 30 properties held through 27 holding companies. Activity appears concentrated in commercial and residential assets recorded between 2015 and 2025.
Associated People
Primary Geography
Chicago, IL-IN-WI
ZIP codes: 60475, 60107, 60007, 60073, and 60173
Most recorded activity for this investor appears in STEGER, STREAMWOOD, SCHAUMBURG, VOLO, and ELK GROVE.
Property Type Breakdown
Associated Entities (27)
IL · 2 properties · 3 mortgages
IL · 1 property · 3 mortgages
IL · 0 properties · 2 mortgages
+24 more not shown
Mortgages (28)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 11/19/2025 | $2.0M | Open | Midland States Bank | SOX OUTLET LLC | - |
| 09/23/2025 | $160k | Open | The Loan Store | PDJ PROPERTIES LLC | 2049 BERKSHIRE CIR, CARPENTERSVILLE, IL 60110 |
| 07/31/2025 | $7.5M | Open | Midland States Bank | 3003 CORPORATE HOTEL LLC | 3003 CORPORATE W DR, LISLE, IL 60532 |
+25 more not shown
Owned Properties (30)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 2601 GRAND AVE, WAUKEGAN, IL 60085 | SRAND REAL ESTATE LLC | Owns - 16 mos | $1.1M |
| 1200 N MITTEL BLVD, WOOD DALE, IL 60191 | EMA WOODDALE LLC | Owns - 17 mos | $5.5M |
| 31827 N US 12, VOLO, IL 60073 | SHJ PROPERTIES 1 LLC | Sold | $500k |
+27 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in commercial, residential, and vacant properties across Chicago, IL-IN-WI.
What companies is Jigar Patel associated with?
Jigar Patel is associated with 27 entities based on extracted signatures from public records. Key entities include MAHARAJ HOSPITALITY LLC, 3003 CORPORATE HOTEL LLC, SOX OUTLET LLC, DRAN REAL ESTATE LLC, and 25 HILLSIDE LLC.
How many properties are associated with this investor?
At least 30 properties are associated with Jigar Patel and the entities they control, based on signatures extracted from recorded documents connecting Jigar Patel to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Midland States Bank, Byline Bank, and United Midwest Savings Bank, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2015 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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