EXHIBIT 21.1

Legal Name

95th & Western, L.L.C., a Delaware limited liability company

IN Retail Fund Algonquin Commons, L.L.C., an Illinois limited liability company

IN Retail Fund Chatham Ridge, L.L.C., an Illinois limited liability company

IN Retail Fund Cobbler Crossing, L.L.C., an Illinois limited liability company

IN Retail Fund Forest Lake Marketplace, L.L.C, a Delaware limited liability company

IN Retail Fund Randall Square, L.L.C., a Delaware limited liability company

IN Retail Fund Shoppes at Mill Creek, L.L.C., a Delaware limited liability company

IN Retail Fund Thatcher Woods, L.L.C., a Delaware limited liability company

IN Retail Fund Woodfield Commons, L.L.C., an Illinois limited liability company

IN Retail Fund, L.L.C., a Delaware limited liability company

IN Retail Manager, L.L.C., a Delaware limited liability company

Inland 1738 Hammond, L.L.C., a Delaware limited liability company

Inland 250 Golf Schaumburg, L.L.C., a Delaware limited liability company

Inland 555 W Roosevelt Road, L.L.C., a Delaware limited liability company

Inland Apache Shoppes, L.L.C., a Delaware limited liability company

Inland Argonne Village, L.L.C., a Delaware limited liability company

Inland Aurora Venture, L.L.C., a Delaware limited liability company

Inland Baytowne Square, L.L.C., a Delaware limited liability company

Inland Bergen Plaza, L.L.C., a Delaware limited liability company

Inland Big Lake, L.L.C., a Delaware limited liability company

Inland Bohl Farm, L.L.C., a Delaware limited liability company

Inland Boise, L.L.C., a Delaware limited liability company

Inland Bradley Commons, L.L.C., a Delaware limited liability company

Inland Brownstones, L.L.C., a Delaware limited liability company

Inland Brunswick Marketplace, L.L.C., a Delaware limited liability company

Inland Burnsville Crossing, L.L.C., a Delaware limited liability company

Inland Capitol 124, L.L.C., a Delaware limited liability company

Inland Caton Crossing, L.L.C., a Delaware limited liability company

Inland Cedar Center North, L.L.C., a Delaware limited liability company

Inland Cedar Center South, L.L.C., a Delaware limited liability company

Inland Champlin Marketplace, L.L.C., a Delaware limited liability company

Inland Chestnut Court, L.L.C., a Delaware limited liability company

Inland Cliff Lake, L.L.C., a Delaware limited liability company

Inland Commercial Property Management, Inc., an Illinois corporation

Inland County Road Burnsville, L.L.C., a Delaware limited liability company

Inland Creekside Commons, L.L.C., a Delaware limited liability company

Inland Crystal Point, L.L.C., a Delaware limited liability company

Inland Diffley Marketplace, L.L.C., a Delaware limited liability company

Inland Diffley Marrketplace II, L.L.C,a Delaware limited liability company

Inland Downers Grove Marketplace, L.L.C, a Delaware limited liability company

Inland Eastgate Crossing, L.L.C., a Delaware limited liability company

Inland Edinburgh Festival, L.L.C., a Delaware limited liability company

Inland Elmhurst City Centre, L.L.C., a Delaware limited liability company

Inland Elmwood Park, L.L.C., a Delaware limited liability company

Inland Elston Plaza, L.L.C., a Delaware limited liability company

Inland Evergreen Park Promenade, L.L.C., a Delaware limited liability company

Inland Exchange Venture L.L.C., a Delaware limited liability company

Inland Fort Smith, L.L.C., a Delaware limited liability company

Inland Four Flaggs Annex, L.L.C., a Delaware limited liability company

Legal Name

Inland Four Flaggs, L.L.C., a Delaware limited liability company

Inland Free MPV, L.L.C., a Delaware limited liability company

Inland Freeport Southwest Avenue, L.L.C., a Delaware limited liability company

Inland Goldenrod Marketplace, L.L.C., a Delaware limited liability company

Inland Grand Hunt Center, L.L.C., a Delaware limited liability company

Inland Grayhawk, L.L.C., a Delaware limited liability company

Inland Greentree, L.L.C., a Delaware limited liability company

Inland Gurnee, L.L.C., a Delaware limited liability company

Inland Hammond Mills, L.L.C., a Delaware limited liability company

Inland Hawthorne Village Commons, L.L.C., a Delaware limited liability company

Inland Hickory Creek, L.L.C., a Delaware limited liability company

Inland Hutchinson, L.L.C., a Delaware limited liability company

Inland Iroquois Center, L.L.C., a Delaware limited liability company

Inland J.8K, L.L.C., a Delaware limited liability company

Inland Joliet Commons I and II, L.L.C., a Delaware limited liability company

Inland Lakemoor, L.L.C., a Delaware limited liability company

Inland Lansing Square, L.L.C., a Delaware limited liability company

Inland Mallard Crossing, L.L.C., a Delaware limited liability company

Inland Mankato Heights, L.L.C., a Delaware limited liability company

Inland Maple Park Place, LLC, a Delaware limited liability company

Inland Mapleview, L.L.C., a Delaware limited liability company

Inland Marketplace at Six Corners, L.L.C., a Delaware limited liability company

Inland Medina Marketplace, L.L.C., a Delaware limited liability company

Inland Menomonee Falls, L.L.C., a Delaware limited liability company

Inland Mokena Marketplace In-Line, L.L.C., a Delaware limited liability company

Inland Mokena Marketplace Outlots, L.L.C., a Delaware limited liability company

Inland Mokena Marketplace, L.L.C., a Delaware limited liability company

Inland Nantucket Square, L.L.C., a Delaware limited liability company

Inland Newport Pavilion Bondholder, L.L.C., a Delaware limited liability company

Inland Newport Pavilion, L.L.C., a Delaware limited liability company

Inland North Aurora Venture, L.L.C., a Delaware limited liability company

Inland Oak Forest Commons, L.L.C., a Delaware limited liability company

Inland Orland LaGrange Rd. Outlot L.L.C., a Delaware limited liability company

Inland Orland Park Place IV, LLC., a Delaware limited liability company

Inland Orland Park Place, L.L.C., a Delaware limited liability company

Inland Orland Park Place, L.L.C., a Delaware limited liability company

Inland Park Center Plaza, L.L.C., a Delaware limited liability company

Inland Pilgrim Village, L.L.C., a Delaware limited liability company

Inland Pine Tree, L.L.C., a Delaware limited liability company

Inland Plymouth Collection, L.L.C., a Delaware limited liability company

Inland Plymouth Town Center, L.L.C., a Delaware limited liability company

Inland Point at Clark, L.L.C., a Delaware limited liability company

Inland Prairie Crossings, L.L.C., a Delaware limited liability company

Inland Princess City Plaza, L.L.C., a Delaware limited liability company

Inland PT JV I, L.L.C., a Delaware limited liability company

Inland Pulaski Promenade, L.L.C., a Delaware limited liability company

Inland Quarry Retail, L.L.C., a Delaware limited liability company

Inland Rainbow City, L.L.C., a Delaware limited liability company

Inland Ravinia Plaza, L.L.C., a Delaware limited liability company

Inland Real Estate Aurora Commons, L.L.C., a Delaware limited liability company

Inland Real Estate Deer Trace, L.L.C., a Delaware limited liability company

Inland Real Estate Highway 41, L.L.C., a Delaware limited liability company

Legal Name

Inland Real Estate Townes Crossing, L.L.C., a Delaware limited liability company

Inland Real Estate University Crossings, L.L.C., a Delaware limited liability company

Inland Real Estate-Illinois, L.L.C, a Delaware limited liability company

Inland Red Top Plaza, L.L.C., a Delaware limited liability company

Inland Riverdale Commons, L.L.C, a Delaware limited liability company

Inland Rivertree Court, L.L.C., a Delaware limited liability company

Inland Rochester Marketplace, L.L.C., a Delaware limited liability company

Inland Ryan, LLC, a Delaware limited liability company

Inland Salem Square, L.L.C., a Delaware limited liability company

Inland Schaumburg Promenade, L.L.C, a Delaware limited liability company

Inland Shakopee Valley Marketplace, L.L.C, a Delaware limited liability company

Inland Shannon Square Cub, L.L.C., a Delaware limited liability company

Inland Shannon Square Shoppes, L.L.C., a Delaware limited liability company

Inland Shingle Creek, L.L.C., a Delaware limited liability company

Inland Shops at Orchard Place, L.L.C., a Delaware limited liability company

Inland Showplace, L.L.C., a Delaware limited liability company

Inland Silver Lake Apache Park, L.L.C., a Delaware limited liability company

Inland Silver Lake Village, L.L.C., a Delaware limited liability company

Inland Six Corners, L.L.C., a Delaware limited liability company

Inland Skokie Fashion Square II, L.L.C., a Delaware limited liability company

Inland Southeast Grocery Development, L.L.C., a Delaware limited liability company

Inland St. James Crossing, L.L.C., a Delaware limited liability company

Inland Stone Creek, L.L.C., a Delaware limited liability company

Inland Stuarts Crossing Small Shops, L.L.C. a Delaware limited liability company

Inland Stuarts Crossing Vacant Lot, L.L.C., a Delaware limited liability company

Inland Stuarts Crossing, L.L.C., a Delaware limited liability company

Inland Tanglewood Parkway, L.L.C., a Delaware limited liability company

Inland TFM Lincolnshire, L.L.C., a Delaware limited liability company

Inland Timmerman Plaza, L.L.C., a Delaware limited liability company

Inland Tinley Cars, L.L.C., a Delaware limited liability company

Inland TRS Property Management, Inc., an Illinois corporation

Inland Turfway Commons, L.L.C., a Delaware limited liability company

Inland Two Rivers Plaza, L.L.C., a Delaware limited liability company

Inland V. Richards Plaza, L.L.C., a Delaware limited liability company

Inland Valparaiso Walk, L.L.C., a Delaware limited liability company

Inland Venture L.L.C., a Delaware limited liability company

Inland Village Ten, L.L.C., a Delaware limited liability company

Inland Warsaw, L.L.C., a Delaware limited liability company

Inland Waupaca, L.L.C., a Delaware limited liability company

Inland West River Crossings, L.L.C, a Delaware limited liability company

Inland Westbury Square, L.L.C., a Delaware limited liability company

Inland Westgate, L.L.C., a Delaware limited liability company

Inland Woodbury Commons, L.L.C., a Delaware limited liability company

Inland Woodfield Plaza, L.L.C, a Delaware limited liability company

Inland Woodland Heights, L.L.C., a Delaware limited liability company

Inland Woodlands, L.L.C., a Delaware limited liability company

INP REIT I, L.L.C., a Delaware limited liability company

INP REIT II, L.L.C., a Delaware limited liability company

INP Retail L.P., a Delaware limited partnership

INP Retail Management Company, L.L.C., a Delaware limited liability company

IRC-MAB Southeast, LLC, a Delaware limited liability company

IRC-MAB Weaverville, L.L.C., a Delaware limited liability company

Legal Name

IRC-NARE 1300 Meacham Road, L.L.C., a Delaware limited liability company

NARE/Inland North Aurora Venture, L.L.C., a Delaware limited liability company

Oak Property & Casualty, LLC, a Vermont limited liability company

Oak Real Estate Association

PTI Ft. Wayne, LLC, a Delaware limited liability company

Pulaski Promenade, L.L.C., a Delaware limited liability company

Tanglewood Parkway Elizabeth City, L.L.C., a Delaware limited liability company

TMK Inland Aurora Venture, L.L.C., an Illinois limited liability company