Investor profile - IL
Nilesh Patel
Nilesh Patel is a real estate investor and operator based in Chicago, IL-IN-WI. Public filings show activity across 11 properties held through 19 holding companies. Recent mortgage relationships include Longview Bank, Altabank, and Midland States Bank.
Nilesh's Activity
As of December 2025, public records show approximately $18.6M in recorded mortgage exposure linked to this investor across at least 24 mortgage filings and 11 properties held through 19 holding companies. Activity appears concentrated in commercial and residential assets recorded between 2011 and 2025.
Primary Geography
Chicago, IL-IN-WI
ZIP codes: 60010, 60073, 60133, 60192, and 60411
Most recorded activity for this investor appears in ROCKFORD, CHICAGO HEIGHTS, LOVES PARK, HANOVER PARK, and BARRINGTON.
Property Type Breakdown
Associated Entities (19)
IL · 2 properties · 8 mortgages
IL · 2 properties · 2 mortgages
IL · 0 properties · 2 mortgages
+16 more not shown
Mortgages (24)
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 09/04/2025 | $166k | Open | Prairie State Bank and Trust | SARENIFA MGT LLC | 2837 CRONIN DR, SPRINGFIELD, IL 62711 |
| 11/04/2024 | $1.1M | Open | Midland States Bank | LAKE VILLA REAL ESTATE LLC | - |
| 11/04/2024 | $769k | Open | Midland States Bank | LAKE VILLA REAL ESTATE LLC | - |
+21 more not shown
Owned Properties (11)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 1421 JOE ORR RD, CHICAGO HEIGHTS, IL 60411 | CHICAGO HEIGHTS DEVELOPMENT GROUP LLC | Owns - 18 mos | $1.5M |
| 1601 E RIVERSIDE BLVD, ROCKFORD, IL 61114 | JAY VAIBHAV LAXMI LLC | Owns - 5.6 yrs | $500k |
| 7150 E RIVERSIDE BLVD, LOVES PARK, IL 61111 | JSKY LLC | Owns - 6.4 yrs | $700k |
+8 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 Nilesh Patel associated with?
Nilesh Patel is associated with 19 entities based on extracted signatures from public records. Key entities include RAMDEVNEAL LLC, JAY VAIBHAV LAXMI LLC, SHRINI LLC, LAKE VILLA REAL ESTATE LLC, and CERVING LLC.
How many properties are associated with this investor?
At least 11 properties are associated with Nilesh Patel and the entities they control, based on signatures extracted from recorded documents connecting Nilesh Patel to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Longview Bank, Altabank, and Midland States Bank, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2011 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.
Elementix is not a consumer reporting agency, and this information does not constitute a consumer report. The data may not be used to make decisions about an individual's eligibility for personal credit, consumer housing, employment, insurance, or any other purpose governed by the Fair Credit Reporting Act.
Elementix may suppress certain contact indicators where legally required or where appropriate for safety or privacy reasons. Requests for removal, suppression, or correction of information must be submitted to compliance@elementix.ai. Elementix reviews such requests only where required by applicable law or where information is factually inaccurate. General objections or unsupported demands do not create a removal obligation.