Investor profile - IL
Ray Novak
Ray Novak is a real estate investor and operator based in Chicago, IL-IN-WI. Public filings show activity across 12 properties held through 1 holding companies. Recent mortgage relationships include Peoples Bank, PEOPLES BANK SB, and Lima One Capital.
Ray's Activity
As of December 2025, public records show approximately $1.0M in recorded mortgage exposure linked to this investor across at least 12 mortgage filings and 12 properties held through 1 holding companies. Activity appears concentrated in residential assets recorded between 2015 and 2025.
Associated People
Primary Geography
Chicago, IL-IN-WI
ZIP codes: 60620, 60016, 60067, 60201, and 60617
Most recorded activity for this investor appears in CHICAGO, PALATINE, EVANSTON, DES PLAINES, and EVERGREEN PARK.
Property Type Breakdown
Associated Entities (1)
IL · 14 properties · 12 mortgages
Mortgages (12)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 02/15/2023 | $180k | Open | Peoples Bank | SYBR PROPERTIES INC | 8953 S E END AVE, CHICAGO, IL 60617 |
| 07/27/2021 | $164k | Open | Peoples Bank | SYBR PROPERTIES INC | 7819 S EBERHART AVE, CHICAGO, IL 60619 |
| 12/31/2020 | $119k | Open | Peoples Bank | SYBR PROPERTIES INC | 8027 S WENTWORTH AVE, CHICAGO, IL 60620 |
+9 more not shown
Owned Properties (12)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 8953 S E END AVE, CHICAGO, IL 60617 | SYBR PROPERTIES INC | Owns - 3.2 yrs | $0 |
| 9200 S HOMAN AVE, EVERGREEN PARK, IL 60805 | ILLINOIS REO SALES INC | Sold | $83k |
| 8027 S WENTWORTH AVE, CHICAGO, IL 60620 | SYBR PROPERTIES INC | Sold | $55k |
+9 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 Ray Novak associated with?
Ray Novak is associated with 1 entity based on extracted signatures from public records. Key entities include SYBR PROPERTIES INC.
How many properties are associated with this investor?
At least 12 properties are associated with Ray Novak and the entities they control, based on signatures extracted from recorded documents connecting Ray Novak to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Peoples Bank, PEOPLES BANK SB, and Lima One Capital, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2015 through 2025, with the most recent mortgage recorded in 2023.
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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