Investor Profile - IL
Stephen Rappin
Stephen Rappin is a real estate investor and operator based in Chicago, IL-IN-WI. Public filings show activity across 101 properties held through 11 holding companies. Recent mortgage relationships include Illinois Housing Development Authority, Bank of America, and Merchants Bank of Indiana.
Stephen's Activity
As of November 2026, public records show approximately $185.9M in recorded mortgage exposure linked to this investor across at least 35 mortgage filings and 101 properties held through 11 holding companies. Activity appears concentrated in commercial and residential assets recorded between 2015 and 2026.
Associated People
Primary Geography
Chicago, IL-IN-WI
ZIP codes: 60640, 60070, 60035, 60077, and 60131
Most activity in CHICAGO, PROSPECT HEIGHTS, SKOKIE, HIGHLAND PARK, and FRANKLIN PARK.
Property Type Breakdown
Associated Entities (11)
IL · 4 properties · 8 mortgages
IL · 2 properties · 7 mortgages
+9 more entities not shown
Mortgages (35)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 07/23/2026 | $1.6M | Open | Lake Forest Bank & Trust Company, N.A. | S RAPPIN HOLDINGS LLC | 566 W LAKE ST #400, CHICAGO, IL 60661 |
| 07/23/2026 | $600k | Open | Lake Forest Bank & Trust Company, N.A. | S RAPPIN HOLDINGS LLC | 566 W LAKE ST #400, CHICAGO, IL 60661 |
+33 more not shown
Owned Properties (101)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 2506 MANNHEIM RD, FRANKLIN PARK, IL 60131 | LEYDEN APARTMENTS LP | Owns - 23 mos | $0 |
| 2450 MANNHEIM RD, FRANKLIN PARK, IL 60131 | LEYDEN APARTMENTS LP | Owns - 23 mos | $0 |
+99 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in commercial, residential, and exempt properties across Chicago, IL-IN-WI.
What companies is Stephen Rappin associated with?
Stephen Rappin is associated with 11 entities based on extracted signatures from public records. Key entities include LEYDEN APARTMENTS LP, BELLWOOD APARTMENTS LP, RAVENSWOOD SLF LLC, S RAPPIN HOLDINGS LLC, and WALNUT PLACE APARTMENTS LLC.
How many properties are associated with this investor?
At least 101 properties are associated with Stephen Rappin and the entities they control, based on signatures extracted from recorded documents connecting Stephen Rappin to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Illinois Housing Development Authority, Bank of America, and Merchants Bank of Indiana, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2015 through 2026, with the most recent mortgage recorded in 2026.
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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