Investor Profile - IL
Penny Burns
Penny Burns is a real estate investor and operator based in Chicago, IL-IN-WI. Public filings show activity across 6 properties held through 2 holding companies. Recent mortgage relationships include Cornerstone National Bank & Trust Company.
Penny's Activity
As of June 2026, public records show approximately $336k in recorded mortgage exposure linked to this investor across at least 1 mortgage filings and 6 properties held through 2 holding companies. Activity appears concentrated in residential assets recorded between 2017 and 2020.
Associated People
Primary Geography
Chicago, IL-IN-WI
ZIP codes: 60602, 60002, 60165, and 60643
Most activity in CHICAGO, STONE PARK, and ANTIOCH.
Property Type Breakdown
Associated Entities (2)
IL · 0 properties · 1 mortgage
IL · 0 properties · 0 mortgages
Mortgages (1)
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 07/20/2020 | $336k | Open | Cornerstone National Bank & Trust Company | JOSEPH & PENNY BURNS REVOCABLE TRUST | 130 N GARLAND CT #5-30, CHICAGO, IL 60602 |
Owned Properties (6)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 130 N GARLAND CT #4903, CHICAGO, IL 60602 | JOSEPH BURNS | Owns - 8.1 yrs | $0 |
| 130 N GARLAND CT #8-42, CHICAGO, IL 60602 | JOSEPH BURNS | Owns - 8.1 yrs | $0 |
+4 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential properties across Chicago, IL-IN-WI.
What companies is Penny Burns associated with?
Penny Burns is associated with 2 entities based on extracted signatures from public records. Key entities include JOSEPH & PENNY BURNS REVOCABLE TRUST and HEIRS AT LAW & OR DEVISEES OF THE ESTATE OF RITA JANE BURNS.
How many properties are associated with this investor?
At least 6 properties are associated with Penny Burns and the entities they control, based on signatures extracted from recorded documents connecting Penny Burns to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Cornerstone National Bank & Trust Company, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2017 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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