Investor profile - IL
Paul Schmolke
Paul Schmolke is a real estate investor and operator based in Chicago, IL-IN-WI. Public filings show activity across 10 properties held through 1 holding companies. Recent mortgage relationships include Community Bank of Elmhurst, REPUBLIC BANK OF CHICAGO, and St. Charles Bank & Trust.
Paul's Activity
As of December 2025, public records show approximately $34.1M in recorded mortgage exposure linked to this investor across at least 47 mortgage filings and 10 properties held through 1 holding companies. Activity appears concentrated in residential and office assets recorded between 2010 and 2020.
Primary Geography
Chicago, IL-IN-WI
ZIP codes: 60120 and 60123
Most recorded activity for this investor appears in ELGIN.
Property Type Breakdown
Associated Entities (1)
IL · 1 property · 47 mortgages
Mortgages (47)
Top Lenders
$33.8M · 28 loans
$318k · 9 loans
$0 · 0 loans
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 08/21/2020 | $1.3M | Open | Community Bank of Elmhurst | WESTSTAR INDUSTRIES LLC | 4 N STATE ST, ELGIN, IL 60123 |
| 10/17/2019 | $139k | Open | Community Bank of Elmhurst | WESTSTAR INDUSTRIES LLC | 7 N LIBERTY ST, ELGIN, IL 60120 |
| 08/26/2019 | $101k | Open | Community Bank of Elmhurst | WESTSTAR INDUSTRIES LLC | 4 N STATE ST, ELGIN, IL 60123 |
+44 more not shown
Owned Properties (10)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 7 N LIBERTY ST, ELGIN, IL 60120 | WESTSTAR INDUSTRIES LLC | Sold | $185k |
| 316 DIVISION ST, ELGIN, IL 60120 | WEST STAR INDUSTRISES LLC | Owns - 8.6 yrs | $78k |
| 854 S LIBERTY ST, ELGIN, IL 60120 | WESTSTAR INDUSTRIES LLC | Sold | $90k |
+7 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential and office properties across Chicago, IL-IN-WI.
What companies is Paul Schmolke associated with?
Paul Schmolke is associated with 1 entity based on extracted signatures from public records. Key entities include WESTSTAR INDUSTRIES LLC.
How many properties are associated with this investor?
At least 10 properties are associated with Paul Schmolke and the entities they control, based on signatures extracted from recorded documents connecting Paul Schmolke to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Community Bank of Elmhurst, REPUBLIC BANK OF CHICAGO, and St. Charles Bank & Trust, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2010 through 2020, with the most recent mortgage recorded in 2020.
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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