Investor profile - IL
John Lutes
John Lutes is a real estate investor and operator based in Chicago, IL-IN-WI. Public filings show activity across 3 properties held through 2 holding companies. Recent mortgage relationships include Old Second National Bank, Byline Bank, and Busey Bank.
John's Activity
As of December 2025, public records show approximately $3.4M in recorded mortgage exposure linked to this investor across at least 10 mortgage filings and 3 properties held through 2 holding companies. Activity appears concentrated in residential and commercial assets recorded between 2010 and 2024.
Primary Geography
Chicago, IL-IN-WI
ZIP codes: 60628, 61761, and 62218
Most recorded activity for this investor appears in BARTELSO, NORMAL, and CHICAGO.
Property Type Breakdown
Associated Entities (2)
IL · 82 properties · 10 mortgages
IL · 0 properties · 0 mortgages
Mortgages (10)
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 07/13/2022 | $180k | Open | MERKLE SUSAN | PROPERTIES LLC | 2710 N MATTIS AVE, CHAMPAIGN, IL 61822 |
| 04/23/2020 | $913k | Open | Old Second National Bank | PROPERTIES LLC | 2300 GRAHAM ST, BARTLETT, IL 60103 |
| 04/23/2020 | $730k | Open | Old Second National Bank | PROPERTIES LLC | - |
+7 more not shown
Owned Properties (3)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 9714 S GREENWOOD AVE, CHICAGO, IL 60628 | C2V PROPERTIES LLC | Sold | $546 |
| 1509 CARLYLE RD, BARTELSO, IL 62218 | 161 & 4W PROPERTIES LLC | Owns - 7.3 yrs | $0 |
| 1614 BRYAN ST, NORMAL, IL 61761 | PROPERTIES LLC | Owns - 10.6 yrs | $175k |
+0 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 John Lutes associated with?
John Lutes is associated with 2 entities based on extracted signatures from public records. Key entities include PROPERTIES LLC and LUTES PROPERTIES LLC.
How many properties are associated with this investor?
At least 3 properties are associated with John Lutes and the entities they control, based on signatures extracted from recorded documents connecting John Lutes to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Old Second National Bank, Byline Bank, and Busey Bank, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2010 through 2024, with the most recent mortgage recorded in 2022.
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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