The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM D

Notice of Exempt Offering of Securities
OMB APPROVAL
OMB Number: 3235-0076
Estimated average burden
hours per response: 4.00

1. Issuer's Identity

CIK (Filer ID Number) Previous Names
X None
Entity Type
0001515111
   Corporation
   Limited Partnership
X Limited Liability Company
   General Partnership
   Business Trust
   Other (Specify)

Name of Issuer
Inland Opportunity Fund II, L.L.C.
Jurisdiction of Incorporation/Organization
DELAWARE
Year of Incorporation/Organization
   Over Five Years Ago
X Within Last Five Years (Specify Year) 2011
   Yet to Be Formed

2. Principal Place of Business and Contact Information

Name of Issuer
Inland Opportunity Fund II, L.L.C.
Street Address 1 Street Address 2
2901 BUTTERFIELD ROAD
City State/Province/Country ZIP/PostalCode Phone Number of Issuer
OAK BROOK ILLINOIS 60523 630-218-4916

3. Related Persons

Last Name First Name Middle Name
Inland Private Capital Corporation
Street Address 1 Street Address 2
2901 Butterfield Road
City State/Province/Country ZIP/PostalCode
Oak Brook ILLINOIS 60523
Relationship:    Executive Officer    Director X Promoter

Clarification of Response (if Necessary):

Last Name First Name Middle Name
Inland Opportunity Fund Manager, L.L.C.
Street Address 1 Street Address 2
2901 Butterfield Road
City State/Province/Country ZIP/PostalCode
Oak Brook ILLINOIS 60523
Relationship:    Executive Officer    Director X Promoter

Clarification of Response (if Necessary):

Last Name First Name Middle Name
Inland Securities Corporation
Street Address 1 Street Address 2
2901 Butterfield Road
City State/Province/Country ZIP/PostalCode
Oak Brook ILLINOIS 60523
Relationship:    Executive Officer    Director X Promoter

Clarification of Response (if Necessary):

Last Name First Name Middle Name
DelRosso Patricia A.
Street Address 1 Street Address 2
2901 Butterfield Road
City State/Province/Country ZIP/PostalCode
Oak Brook ILLINOIS 60523
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Ms. DelRosso is the President of Inland Private Capital Corporation, the Member of Inland Opportunity Fund II Manager, L.L.C., the Manager of Inland Opportunity Fund II, L.L.C.

4. Industry Group

   Agriculture
Banking & Financial Services
   Commercial Banking
   Insurance
   Investing
   Investment Banking
   Pooled Investment Fund
Is the issuer registered as
an investment company under
the Investment Company
Act of 1940?
   Yes    No
   Other Banking & Financial Services
   Business Services
Energy
   Coal Mining
   Electric Utilities
   Energy Conservation
   Environmental Services
   Oil & Gas
   Other Energy
Health Care
   Biotechnology
   Health Insurance
   Hospitals & Physicians
   Pharmaceuticals
   Other Health Care
   Manufacturing
Real Estate
   Commercial
   Construction
   REITS & Finance
   Residential
X Other Real Estate
  
 Retailing
  
 Restaurants
Technology
   Computers
   Telecommunications
   Other Technology
Travel
   Airlines & Airports
   Lodging & Conventions
   Tourism & Travel Services
   Other Travel
  
 Other

5. Issuer Size

Revenue Range OR Aggregate Net Asset Value Range
   No Revenues    No Aggregate Net Asset Value
   $1 - $1,000,000    $1 - $5,000,000
   $1,000,001 - $5,000,000    $5,000,001 - $25,000,000
   $5,000,001 - $25,000,000    $25,000,001 - $50,000,000
   $25,000,001 - $100,000,000    $50,000,001 - $100,000,000
   Over $100,000,000    Over $100,000,000
X Decline to Disclose    Decline to Disclose
   Not Applicable    Not Applicable

6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)

   Rule 504(b)(1) (not (i), (ii) or (iii))    Rule 505
   Rule 504 (b)(1)(i) X Rule 506
   Rule 504 (b)(1)(ii)    Securities Act Section 4(5)
   Rule 504 (b)(1)(iii)    Investment Company Act Section 3(c)
   Section 3(c)(1)    Section 3(c)(9)  
   Section 3(c)(2)    Section 3(c)(10)
   Section 3(c)(3)    Section 3(c)(11)
   Section 3(c)(4)    Section 3(c)(12)
   Section 3(c)(5)    Section 3(c)(13)
   Section 3(c)(6)    Section 3(c)(14)
   Section 3(c)(7)

7. Type of Filing

   New Notice Date of First Sale 2011-03-09    First Sale Yet to Occur
X Amendment

8. Duration of Offering

Does the Issuer intend this offering to last more than one year?
   Yes X No

9. Type(s) of Securities Offered (select all that apply)

X Equity    Pooled Investment Fund Interests
   Debt    Tenant-in-Common Securities
   Option, Warrant or Other Right to Acquire Another Security    Mineral Property Securities
   Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security    Other (describe)

10. Business Combination Transaction

Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer?
   Yes X No

Clarification of Response (if Necessary):

11. Minimum Investment

Minimum investment accepted from any outside investor $50,000 USD

12. Sales Compensation

Recipient
Recipient CRD Number    None
Timothy J. Hawkins 4064503
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
VSR Financial Services, Inc. 14503
Street Address 1 Street Address 2
1517 North Ankeny Boulevard F
City State/Province/Country ZIP/Postal Code
Ankeny IOWA 50023
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
IOWA
Recipient
Recipient CRD Number    None
Robert S. Smith 1412333
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Pacific West Securities, Inc. 6390
Street Address 1 Street Address 2
8705 SW Nimbus Avenue, Suite 260
City State/Province/Country ZIP/Postal Code
Beaverton OREGON 97008
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
CALIFORNIA
Recipient
Recipient CRD Number    None
Inland Securities Corporation 15807
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Inland Securities Corporation 15807
Street Address 1 Street Address 2
2901 Butterfield Road
City State/Province/Country ZIP/Postal Code
Oak Brook ILLINOIS 60523
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
ILLINOIS
Recipient
Recipient CRD Number    None
Dennis M. Eichinger 1649338
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Pacific West Securities, Inc. 6390
Street Address 1 Street Address 2
225 North Fifth Street, Suite 515
City State/Province/Country ZIP/Postal Code
Grand Junction COLORADO 81501
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
COLORADO
Recipient
Recipient CRD Number    None
Michael W. Newton 2185103
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Investment Planners, Inc. 18557
Street Address 1 Street Address 2
191 West Professional Park Court Suite 2-B
City State/Province/Country ZIP/Postal Code
Bowling Green KENTUCKY 42104
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
KENTUCKY
Recipient
Recipient CRD Number    None
Karl P. Willard 1352911
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Investacorp, Inc. 7684
Street Address 1 Street Address 2
230 North Westmonte Drive, Suite 2200
City State/Province/Country ZIP/Postal Code
Altamonte Springs FLORIDA 32714
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
FLORIDA
VIRGINIA
Recipient
Recipient CRD Number    None
Ronald O. Kirby 2937311
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Allied Beacon Partners, Inc. 46227
Street Address 1 Street Address 2
7501 Boulders View Drive, Suite 601
City State/Province/Country ZIP/Postal Code
Richmond VIRGINIA 23225
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
ILLINOIS
Recipient
Recipient CRD Number    None
James H. Simmons, Jr. 2438224
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
J.P. Turner & Company, L.L.C. 43177
Street Address 1 Street Address 2
83633 Rock Hill Road
City State/Province/Country ZIP/Postal Code
Creswell OREGON 97426
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
CALIFORNIA
Recipient
Recipient CRD Number    None
Michael H. Cunningham 2499939
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
VSR Financial Services, Inc. 14503
Street Address 1 Street Address 2
933 Britton
City State/Province/Country ZIP/Postal Code
Oklahoma City OKLAHOMA 73114
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
OKLAHOMA
Recipient
Recipient CRD Number    None
Sherry L. Malone 1107276
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Investcorp, Inc. 7684
Street Address 1 Street Address 2
170 Buffalo Trail
City State/Province/Country ZIP/Postal Code
Abiquiu NEW MEXICO 87510
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
COLORADO
Recipient
Recipient CRD Number    None
Richard A. Gagne 1025516
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
VSR Financial Services, Inc. 14503
Street Address 1 Street Address 2
6642 Phelan Boulevard
City State/Province/Country ZIP/Postal Code
Beaumont TEXAS 77706
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
TEXAS
Recipient
Recipient CRD Number    None
David M. Nelson 2120855
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Cambridge Investment Research, Inc. 39543
Street Address 1 Street Address 2
880 13th Avenue North
City State/Province/Country ZIP/Postal Code
Clinton IOWA 52732
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
IOWA
Recipient
Recipient CRD Number    None
Douglas K. Alt 2867223
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Sii Investments, Inc. 2225
Street Address 1 Street Address 2
104 West Washington
City State/Province/Country ZIP/Postal Code
Bennington KANSAS 67422
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
KANSAS
Recipient
Recipient CRD Number    None
Charles W. Fowler 4750998
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Pacific West Securities, Inc. 6390
Street Address 1 Street Address 2
10130-F Colvin Run Road
City State/Province/Country ZIP/Postal Code
Great Falls VIRGINIA 22066
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
VIRGINIA
Recipient
Recipient CRD Number    None
Kenneth J. Vandermolen 1796766
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Royal Securities Company 10702
Street Address 1 Street Address 2
89 Ionia NW, Suite 100
City State/Province/Country ZIP/Postal Code
Grand Rapids MICHIGAN 49503
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
MICHIGAN
Recipient
Recipient CRD Number    None
Kassie A. Soulek 2633729
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Sii Investments, Inc. 2225
Street Address 1 Street Address 2
4652 Golden Park Court, Suite 300
City State/Province/Country ZIP/Postal Code
Oneida WISCONSIN 54155
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
TEXAS
Recipient
Recipient CRD Number    None
Daniel E. Colvin, Jr. 1487897
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Sii Investments, Inc. 2225
Street Address 1 Street Address 2
325 South Jefferson Street, Suite 1
City State/Province/Country ZIP/Postal Code
Green Bay WISCONSIN 54301
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
WISCONSIN
Recipient
Recipient CRD Number    None
Daniel E. Souders 1999479
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
National Planning Corporation 29604
Street Address 1 Street Address 2
5968 Bridgetown Road
City State/Province/Country ZIP/Postal Code
Cincinnati OHIO 45248
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
OHIO
Recipient
Recipient CRD Number    None
William L. Marshall 320873
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Cambridge Investment Research, Inc. 39543
Street Address 1 Street Address 2
33 West Court
City State/Province/Country ZIP/Postal Code
Doylestown PENNSYLVANIA 18901
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
CONNECTICUT
Recipient
Recipient CRD Number    None
Robert C. Gray 4943340
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Investment Centers of America, Inc. 16443
Street Address 1 Street Address 2
1714 North Lincoln Avenue
City State/Province/Country ZIP/Postal Code
Pierre SOUTH DAKOTA 57501
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
SOUTH DAKOTA
Recipient
Recipient CRD Number    None
Richard A. Seehawer 4153860
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Foothill Securities, Inc. 1027
Street Address 1 Street Address 2
1330 North Main Street
City State/Province/Country ZIP/Postal Code
Meridian IDAHO 83642
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
IDAHO
Recipient
Recipient CRD Number    None
Greg S. Bowen 2328903
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Pacific West Securities, Inc. 6390
Street Address 1 Street Address 2
8050 SW Pfaffle Street, Suite 100
City State/Province/Country ZIP/Postal Code
Tigard OREGON 97223
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
OREGON
Recipient
Recipient CRD Number    None
Douglas K. Perry 2260883
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Pacific West Securities, Inc. 6390
Street Address 1 Street Address 2
8050 SW Pfaffle Street, Suite 100
City State/Province/Country ZIP/Postal Code
Tigard OREGON 97223
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
OREGON
WASHINGTON
Recipient
Recipient CRD Number    None
Robert A. Cannon 2765289
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Pacific West Securities, Inc. 6390
Street Address 1 Street Address 2
371 NE Gilman Boulevard, Suite 310
City State/Province/Country ZIP/Postal Code
Issaquah WASHINGTON 98027
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
WASHINGTON
Recipient
Recipient CRD Number    None
Martin A. Shapiro 1386124
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Foothills Securities, Inc. 1027
Street Address 1 Street Address 2
10325 Viacha Drive
City State/Province/Country ZIP/Postal Code
San Diego CALIFORNIA 92124
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
CALIFORNIA
Recipient
Recipient CRD Number    None
John P. Siciliano, Jr. 711119
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Invest Financial Corporation 12984
Street Address 1 Street Address 2
78 Oxford Road
City State/Province/Country ZIP/Postal Code
Chester NEW YORK 10918
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
NEW JERSEY
Recipient
Recipient CRD Number    None
Frank J. Howell 2069879
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Hornor, Townsend & Kent, Inc. 4031
Street Address 1 Street Address 2
1108 Bethlehem Pike Building B, Suite 1
City State/Province/Country ZIP/Postal Code
Lower Gwynedd PENNSYLVANIA 19002
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
FLORIDA
PENNSYLVANIA
Recipient
Recipient CRD Number    None
Donovan T. Kelly 2622366
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Pacific West Securities, Inc. 6390
Street Address 1 Street Address 2
3115 1st Avenue North
City State/Province/Country ZIP/Postal Code
Billings MONTANA 59101
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
FLORIDA
MONTANA
Recipient
Recipient CRD Number    None
Mitchell A. Goldfeld 1903537
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Detwiler, Fenton & Co. 1794
Street Address 1 Street Address 2
35 Main Street
City State/Province/Country ZIP/Postal Code
Topsfield MASSACHUSETTS 01983
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
MASSACHUSETTS
Recipient
Recipient CRD Number    None
Thomas J. Ealy 863042
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Investment Planners, Inc. 18557
Street Address 1 Street Address 2
1802 Fox Drive
City State/Province/Country ZIP/Postal Code
Champaign ILLINOIS 61821
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
CALIFORNIA
COLORADO
ILLINOIS
MISSOURI
NEW JERSEY
UTAH
Recipient
Recipient CRD Number    None
Nancy E. Biddle 2134532
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
National Planning Corporation 29604
Street Address 1 Street Address 2
251 Corey Avenue
City State/Province/Country ZIP/Postal Code
St. Pete Beach FLORIDA 33706
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
FLORIDA
Recipient
Recipient CRD Number    None
John S. Ruzza 1619227
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Cambridge Investment Research, Inc. 39543
Street Address 1 Street Address 2
2632 South 11st Street
City State/Province/Country ZIP/Postal Code
Kalamazoo MICHIGAN 49009
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
FLORIDA
Recipient
Recipient CRD Number    None
Scott V. Kaup 1002907
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
VSR Financial Services, Inc. 14503
Street Address 1 Street Address 2
113 North Main
City State/Province/Country ZIP/Postal Code
Stuart NEBRASKA 68780
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
NEBRASKA
Recipient
Recipient CRD Number    None
Adam C. Ludwig 4923562
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Investment Planners, Inc. 18557
Street Address 1 Street Address 2
126 North Broad Street
City State/Province/Country ZIP/Postal Code
Lanark ILLINOIS 61046
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
ILLINOIS

13. Offering and Sales Amounts

Total Offering Amount $35,000,000 USD
or    Indefinite
Total Amount Sold $6,162,232 USD
Total Remaining to be Sold $28,837,768 USD
or    Indefinite

Clarification of Response (if Necessary):

14. Investors

  
 Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors, and enter the number of such non-accredited investors who already have invested in the offering.
Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering:
72

15. Sales Commissions & Finder's Fees Expenses

Provide separately the amounts of sales commissions and finders fees expenses, if any. If the amount of an expenditure is not known, provide an estimate and check the box next to the amount.

Sales Commissions $2,450,000 USD
X Estimate
Finders' Fees $0 USD
   Estimate

Clarification of Response (if Necessary):

This response is based on the assumption that the full amount of the potential sales commissions will be earned and paid.

16. Use of Proceeds

Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.

$1,365,000 USD
X Estimate

Clarification of Response (if Necessary):

Signature and Submission

Please verify the information you have entered and review the Terms of Submission below before signing and clicking SUBMIT below to file this notice.

Terms of Submission

In submitting this notice, each issuer named above is:
  • Notifying the SEC and/or each State in which this notice is filed of the offering of securities described and undertaking to furnish them, upon written request, in the accordance with applicable law, the information furnished to offerees.*
  • Irrevocably appointing each of the Secretary of the SEC and, the Securities Administrator or other legally designated officer of the State in which the issuer maintains its principal place of business and any State in which this notice is filed, as its agents for service of process, and agreeing that these persons may accept service on its behalf, of any notice, process or pleading, and further agreeing that such service may be made by registered or certified mail, in any Federal or state action, administrative proceeding, or arbitration brought against the issuer in any place subject to the jurisdiction of the United States, if the action, proceeding or arbitration (a) arises out of any activity in connection with the offering of securities that is the subject of this notice, and (b) is founded, directly or indirectly, upon the provisions of:  (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company Act of 1940, or the Investment Advisers Act of 1940, or any rule or regulation under any of these statutes, or (ii) the laws of the State in which the issuer maintains its principal place of business or any State in which this notice is filed.
  • Certifying that, if the issuer is claiming a Rule 505 exemption, the issuer is not disqualified from relying on Rule 505 for one of the reasons stated in Rule 505(b)(2)(iii).

Each Issuer identified above has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized person.

For signature, type in the signer's name or other letters or characters adopted or authorized as the signer's signature.

Issuer Signature Name of Signer Title Date
Inland Opportunity Fund II, L.L.C. /s/ Patricia A. DelRosso Patricia A. DelRosso President of the Member of the Manager 2012-02-02

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

* This undertaking does not affect any limits Section 102(a) of the National Securities Markets Improvement Act of 1996 ("NSMIA") [Pub. L. No. 104-290, 110 Stat. 3416 (Oct. 11, 1996)] imposes on the ability of States to require information. As a result, if the securities that are the subject of this Form D are "covered securities" for purposes of NSMIA, whether in all instances or due to the nature of the offering that is the subject of this Form D, States cannot routinely require offering materials under this undertaking or otherwise and can require offering materials only to the extent NSMIA permits them to do so under NSMIA's preservation of their anti-fraud authority.