Investor profile - IL
Philip Marrone
Philip Marrone is a real estate investor and operator based in Chicago, IL-IN-WI. Public filings show activity across 19 properties held through 21 holding companies. Recent mortgage relationships include Northern Trust, The First National Bank of Ottawa, and American Commercial Bank & Trust.
Philip's Activity
As of December 2025, public records show approximately $77.0M in recorded mortgage exposure linked to this investor across at least 52 mortgage filings and 19 properties held through 21 holding companies. Activity appears concentrated in residential and vacant assets recorded between 2010 and 2025.
Associated People
Primary Geography
Chicago, IL-IN-WI
ZIP codes: 60436, 60610, 60441, 60540, and 60089
Most recorded activity for this investor appears in CHICAGO, NAPERVILLE, ROCKDALE, LOCKPORT, and ELMWOOD PARK.
Property Type Breakdown
Associated Entities (21)
IL · 5 properties · 20 mortgages
IL · 0 properties · 7 mortgages
IL · 6 properties · 3 mortgages
+18 more not shown
Mortgages (52)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 08/27/2025 | $2.2M | Open | The First National Bank of Ottawa | FIFTEENTH AVENUE VENTURE LLC | 2080 N 15TH AVE, MELROSE PARK, IL 60160 |
| 04/08/2025 | $1.5M | Open | American Commercial Bank & Trust | MEDILL VENTURE LLC | 9123 MEDILL AVE, FRANKLIN PARK, IL 60131 |
| 04/08/2025 | $1.5M | Open | American Commercial Bank & Trust | MEDILL VENTURE LLC | 9101 MEDILL AVE, FRANKLIN PARK, IL 60131 |
+49 more not shown
Owned Properties (19)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 9101 MEDILL AVE, FRANKLIN PARK, IL 60131 | MELNIL VENTURE LLC | Owns - 9 mos | $10 |
| 1339 N DEARBORN ST, CHICAGO, IL 60610 4G | BELLAGABI PROPERTIES LLC | Sold | $318k |
| 1339 N DEARBORN ST, CHICAGO, IL 60610 4G | PHILLIP MARRONE | Sold | $210k |
+16 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential, vacant, and commercial properties across Chicago, IL-IN-WI.
What companies is Philip Marrone associated with?
Philip Marrone is associated with 21 entities based on extracted signatures from public records. Key entities include ALMARE DEVELOPMENT CO INC, MEDILL VENTURE LLC, BUFFALO GROVE VENTURE LLC, MILLARD AVENUE PROPERTY INC, and WWP I LLC.
How many properties are associated with this investor?
At least 19 properties are associated with Philip Marrone and the entities they control, based on signatures extracted from recorded documents connecting Philip Marrone to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Northern Trust, The First National Bank of Ottawa, and American Commercial Bank & Trust, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2010 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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