Investor profile - IL
Shilpa Patel
Shilpa Patel is a real estate investor and operator based in Chicago, IL-IN-WI. Public filings show activity across 2 properties held through 4 holding companies. Recent mortgage relationships include SIMON KLEIN AS NOMINEE.
Shilpa's Activity
As of December 2025, public records show approximately $3.9M in recorded mortgage exposure linked to this investor across at least 4 mortgage filings and 2 properties held through 4 holding companies. Activity appears concentrated in residential assets recorded between 2017 and 2025.
Primary Geography
Chicago, IL-IN-WI
ZIP codes: 60016 and 60453
Most recorded activity for this investor appears in DES PLAINES and OAK LAWN.
Property Type Breakdown
Associated Entities (4)
IL · 1 property · 2 mortgages
IL · 0 properties · 2 mortgages
IL · 0 properties · 0 mortgages
+1 more not shown
Mortgages (4)
Top Lenders
$3.9M · 4 loans
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 04/17/2023 | $489k | Open | SIMON KLEIN AS NOMINEE | SHIL & SALONI LLC | 4705 TRINITY LAKES DR, QUINCY, IL 62305 |
| 12/22/2022 | $500k | Open | SIMON KLEIN AS NOMINEE | SSP HOSPITALITY LLC | 4122 BROADWAY ST, QUINCY, IL 62305 |
| 03/22/2021 | $1.2M | Open | SIMON KLEIN AS NOMINEE | SSP HOSPITALITY LLC | 4122 BROADWAY ST, QUINCY, IL 62305 |
+1 more not shown
Owned Properties (2)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 9740 S PULASKI RD, OAK LAWN, IL 60453 201 | MARKOLAOU HOMES LLC | Sold | $100k |
| 9356 W GOLF RD, DES PLAINES, IL 60016 | DOUGLAS FIRST CHOICE PROPERTY GROUP LLC | Owns - 6.6 yrs | $760k |
+0 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 Shilpa Patel associated with?
Shilpa Patel is associated with 4 entities based on extracted signatures from public records. Key entities include SSP HOSPITALITY LLC, SHIL & SALONI LLC, MITESH PATEL AND SHILPA PATEL TRUSTEES OF THE SHILPA PATEL REVOCABLE LIVING TRUST DATED JULY 15 2016, and SVN PARTNER LLC.
How many properties are associated with this investor?
At least 2 properties are associated with Shilpa Patel and the entities they control, based on signatures extracted from recorded documents connecting Shilpa Patel to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references SIMON KLEIN AS NOMINEE, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2017 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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