Investor profile - IL
Richard Panichi
Richard Panichi is a real estate investor and operator based in Chicago, IL-IN-WI. Public filings show activity across 1 properties held through 3 holding companies. Recent mortgage relationships include HALL DES PLAINES, FIRST NATL BANK OF HUTCHINSON, and Hanmi Bank.
Richard's Activity
As of December 2025, public records show approximately $42.1M in recorded mortgage exposure linked to this investor across at least 7 mortgage filings and 1 properties held through 3 holding companies. Activity appears concentrated in misc assets recorded between 2015 and 2023.
Associated People
Primary Geography
Chicago, IL-IN-WI
ZIP codes: 60123
Most recorded activity for this investor appears in ELGIN.
Property Type Breakdown
Associated Entities (3)
IL · 0 properties · 3 mortgages
IL · 1 property · 3 mortgages
IL · 0 properties · 1 mortgage
Mortgages (7)
Top Lenders
$16.6M · 1 loan
$13.6M · 1 loan
$12.0M · 1 loan
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 03/22/2023 | $1.1M | Closed | FNBO | 2130 POINT BLVD LLC | 2130 POINT BLVD, ELGIN, IL 60123 |
| 03/22/2023 | $3.3M | Closed | FNBO | 2130 POINT BLVD LLC | 2130 POINT BLVD, ELGIN, IL 60123 |
| 03/14/2023 | $13.6M | Open | FIRST NATL BANK OF HUTCHINSON | SOUTHERN EXPOSURE LP | 1450 E TOUHY AVE, DES PLAINES, IL 60018 |
+4 more not shown
Owned Properties (1)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 2130 POINT BLVD, ELGIN, IL 60123 | 2130 POINT BLVD LLC | Owns - 10.6 yrs | $0 |
+0 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in misc properties across Chicago, IL-IN-WI.
What companies is Richard Panichi associated with?
Richard Panichi is associated with 3 entities based on extracted signatures from public records. Key entities include SOUTHERN EXPOSURE LP, 2130 POINT BLVD LLC, and MANNHEIM HOTEL LLC.
How many properties are associated with this investor?
At least 1 properties are associated with Richard Panichi and the entities they control, based on signatures extracted from recorded documents connecting Richard Panichi to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references HALL DES PLAINES, FIRST NATL BANK OF HUTCHINSON, and Hanmi Bank, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2015 through 2023, 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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