Investor profile - IL
Vipul Patel
Vipul Patel is a real estate investor and operator based in Chicago, IL-IN-WI. Public filings show activity across 24 properties held through 49 holding companies. Recent mortgage relationships include Old National Bank, Millennium Bank, and Byline Bank.
Vipul's Activity
As of December 2025, public records show approximately $85.9M in recorded mortgage exposure linked to this investor across at least 70 mortgage filings and 24 properties held through 49 holding companies. Activity appears concentrated in commercial and residential assets recorded between 2011 and 2025.
Primary Geography
Chicago, IL-IN-WI
ZIP codes: 60005, 60152, 60548, 60007, and 60016
Most recorded activity for this investor appears in ARLINGTON HEIGHTS, SANDWICH, MARENGO, MOUNT PROSPECT, and BURBANK.
Property Type Breakdown
Associated Entities (49)
IL · 0 properties · 5 mortgages
IL · 0 properties · 5 mortgages
IL · 1 property · 5 mortgages
+46 more not shown
Mortgages (70)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 09/03/2025 | $401k | Open | GULFSTREAM PROPERTIES | CASTLE BLDRSCOM INC | 43 WOOD OAKS DR, BARRINGTON, IL 60010 |
| 07/31/2025 | $2.7M | Open | Old National Bank | 2ND GEN PROPERTIES GE1 LLC | 651 ROOSEVELT RD, GLEN ELLYN, IL 60137 |
| 07/31/2025 | $2.7M | Open | Old National Bank | 2ND GEN PROPERTIES PULASKI LLC | 2035 N PULASKI RD, CHICAGO, IL 60639 |
+67 more not shown
Owned Properties (24)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 100 W ALGONQUIN RD, ARLINGTON HEIGHTS, IL 60005 | KRISH ARLINGTON 1 LLC | Owns - 15 mos | $7.8M |
| 2598 KINGSTON DR, NORTHBROOK, IL 60062 | VIPUL PATEL AND SHEILA GOYAL PATEL TRUSTEES OF AS THE VIPUL PATEL AND SHEILA GOYAL PATEL LIVING TRUST | Owns - 20 mos | $2.1M |
| 2200 S ELMHURST RD, MOUNT PROSPECT, IL 60056 | SHIVVA HOSPITALITY LLC | Owns - 2.2 yrs | $3.5M |
+21 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in commercial, residential, and vacant properties across Chicago, IL-IN-WI.
What companies is Vipul Patel associated with?
Vipul Patel is associated with 49 entities based on extracted signatures from public records. Key entities include RADHE ENTERPRISES INC, S & V PROPERTY LLC, SHREE 2ND GEN PROPERTIES GE2 LLC, 2ND GEN PROPERTIES LEMONT DERBY LLC, and GANESH DONUTS LLC.
How many properties are associated with this investor?
At least 24 properties are associated with Vipul Patel and the entities they control, based on signatures extracted from recorded documents connecting Vipul Patel to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Old National Bank, Millennium Bank, and Byline 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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