Investor profile - IL
Rakesh Patel
Rakesh Patel is a real estate investor and operator based in Chicago, IL-IN-WI. Public filings show activity across 15 properties held through 21 holding companies. Recent mortgage relationships include Old Plank Trail Community Bank, N.A., FIRST SECURITY TRUST AND SAVINGS BANK, and Grand Ridge National Bank.
Rakesh's Activity
As of December 2025, public records show approximately $15.1M in recorded mortgage exposure linked to this investor across at least 24 mortgage filings and 15 properties held through 21 holding companies. Activity appears concentrated in residential and multifamily assets recorded between 2011 and 2025.
Primary Geography
Chicago, IL-IN-WI
ZIP codes: 60085, 60133, 60062, 60090, and 60103
Most recorded activity for this investor appears in WAUKEGAN, CHICAGO, HANOVER PARK, TAYLORVILLE, and BARTLETT.
Property Type Breakdown
Associated Entities (21)
IL · 0 properties · 4 mortgages
IL · 0 properties · 2 mortgages
IL · 0 properties · 2 mortgages
+18 more not shown
Mortgages (24)
Top Lenders
$6.0M · 1 loan
$2.9M · 1 loan
$2.7M · 1 loan
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 09/29/2025 | $159k | Open | Byline Bank | YARI RENTAL LLC | 1426 BEAR FLAG DR, HANOVER PARK, IL 60133 |
| 06/09/2025 | $141k | Open | Byline Bank | YARI RENTAL LLC | 1454 BEAR FLAG DR, HANOVER PARK, IL 60133 |
| 12/28/2022 | $6.0M | Open | Old Plank Trail Community Bank, N.A. | MIDWAY RE HOLDINGS LLC | 13 THE COURT OF STONECREEK, NORTHBROOK, IL 60062 93 |
+21 more not shown
Owned Properties (15)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 1454 BEAR FLAG DR, HANOVER PARK, IL 60133 | YARI RENTAL LLC | Owns - 7 mos | $188k |
| 329 DONNA CT, BARTLETT, IL 60103 | RAKESH PATEL | Owns - 10 mos | $308 |
| 7353 S CICERO AVE, CHICAGO, IL 60629 | ASAD YUSUF | Owns - 8.0 yrs | $10 |
+12 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential, multifamily, and commercial properties across Chicago, IL-IN-WI.
What companies is Rakesh Patel associated with?
Rakesh Patel is associated with 21 entities based on extracted signatures from public records. Key entities include NIDHADI LLC, RAVIAKS LLC, SHAYONAM ONE LLC, DSNP LLC, and YARI RENTAL LLC.
How many properties are associated with this investor?
At least 15 properties are associated with Rakesh Patel and the entities they control, based on signatures extracted from recorded documents connecting Rakesh Patel to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Old Plank Trail Community Bank, N.A., FIRST SECURITY TRUST AND SAVINGS BANK, and Grand Ridge National 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.
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