Schedule - Schedule III Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2025

SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]

Schedule III Real Estate and Accumulated Depreciation

INLAND REAL ESTATE INCOME TRUST, INC.

Schedule III

Real Estate and Accumulated Depreciation

December 31, 2025

(Dollar amounts in thousands)

			Initial cost (A)							Gross amount carried at end of period (B)
Property Name	Encumbrance		Land		Buildings and Improve- ments		Cost Capitalized Subsequent to Acquisitions (C)			Land (D)		Buildings and Improvements (D)		Total (D)		Accumulated Depreciation (E)			Date Constructed	Date Acquired		Depreciable Lives
Blossom Valley Plaza	$	—	$	9,515	$	11,142	$	2,191		$	9,515	$	13,333	$	22,848	$	(4,969	)	1988		2015	15-30
Turlock, CA
Branson Hills Plaza		—		3,787		6,039		257			3,787		6,296		10,083		(15,828	)	2005		2014	15-30
Branson, MO
CityPlace		—		16,609		54,245		337			16,609		54,582		71,191		(7,710	)	2016-2018		2022	15-30
Woodbury, MN
Coastal North Town Center		—		13,725		49,673		(41	)		13,725		49,632		63,357		(17,478	)	2014		2016	15-30
Myrtle Beach, SC
Coastal North Town Center - Phase II		—		365		3,034		—			365		3,034		3,399		(924	)	2016		2017	15-30
Myrtle Beach, SC
Denton Village		—		1,312		15,308		—			1,312		15,308		16,620		(2,058	)	2016		2022	15-30
Denton, TX
Dixie Valley		—		2,807		9,053		4,832			2,807		13,885		16,692		(5,006	)	1988		2014	15-30
Louisville, KY
Dogwood Festival		—		4,500		41,865		7,788			4,500		49,653		54,153		(20,895	)	2002		2014	5-30
Flowood, MO
Eastside Junction		—		2,411		8,393		700			2,411		9,093		11,504		(3,609	)	2008		2015	15-30
Athens, AL
Fairgrounds Crossing		—		6,069		22,637		5,243			6,069		27,880		33,949		(9,700	)	2008		2015	15-30
Hot Springs, AR
Fox Point Plaza		—		3,518		12,681		3,501			3,518		16,182		19,700		(6,617	)	2008		2014	15-30
Neenah, WI
Frisco Marketplace		—		6,618		3,315		298			6,618		3,613		10,231		(1,678	)	2002		2015	15-30
Frisco, TX
Green Tree Shopping Center		—		7,218		17,846		1,948			7,218		19,794		27,012		(7,530	)	1997		2015	5-30
Katy, TX
Harris Plaza		—		6,500		19,403		4,881			6,500		24,284		30,784		(10,219	)	2001-2008		2014	15-30
Layton, UT
Harvest Square		—		2,186		9,330		697			2,186		10,027		12,213		(4,154	)	2008		2014	15-30
Harvest, AL
Heritage Square		—		2,028		5,538		464			2,028		6,002		8,030		(2,523	)	2010		2014	15-30
Conyers, AL
Kroger - Copps Grocery Store		—		1,440		11,799		—			1,440		11,799		13,239		(4,790	)	2012		2014	15-30
Stevens Point, WI
Kroger - Pick n Save Center		—		3,150		14,283		2,879			3,150		17,162		20,312		(7,339	)	2011		2014	15-30
West Bend, WI
Lakeside Crossing		—		1,460		16,999		446			1,460		17,445		18,905		(7,499	)	2013		2014	15-30
Lynchburg, VA
Landing at Ocean Isle Beach		—		3,053		7,081		336			3,053		7,417		10,470		(3,351	)	2009		2014	15-30
Ocean Isle, NC
Lower Makefield Shopping Center		—		6,559		18,351		264			6,559		18,615		25,174		(2,819	)	1986 / 2000		2022	15-30
Lower Makefield, PA
Mansfield Pointe		—		5,350		20,002		2,217			5,350		22,219		27,569		(9,469	)	2008		2014	15-30
Mansfield, TX
Marketplace at El Paseo		—		16,390		46,971		524			16,390		47,495		63,885		(17,471	)	2014		2015	15-30
Fresno, CA
Marketplace at Tech Center		—		10,684		68,580		4,251			10,684		72,831		83,515		(25,510	)	2015		2015	15-30
Newport News, VA
MidTowne Shopping Center		—		8,810		29,699		2,638			8,810		32,337		41,147		(13,583	)	2005/2008		2014	5-30
Little Rock, AR
Milford Marketplace		18,727		—		35,867		2,950			—		38,817		38,817		(14,222	)	2007		2015	15-30
Milford, CT
Newington Fair		—		7,833		8,329		702			7,833		9,031		16,864		(5,276	)	1994/2009		2012	15-30
Newington, CT
New Town Village		—		2,106		3,216		258			2,106		3,474		5,580		(859	)	1996		2022	15-30
Owings Mills, MD
North Hills Square		—		4,800		5,493		1,557			4,800		7,050		11,850		(2,716	)	1997		2014	15-30
Coral Springs, FL
Northpark Village Square		—		15,806		41,201		2,302			15,806		43,503		59,309		(6,146	)	1996		2022	15-30
Santa Clarita, CA
Northville Park Place		—		6,440		27,635		699			6,440		28,334		34,774		(4,302	)	2014		2022	15-30
Northville, MI
Olde Ivy Village		—		5,034		12,104		24			5,034		12,128		17,162		(1,607	)	2015		2022	15-30
Smyrna, GA
Oquirrh Mountain Marketplace		—		4,254		14,467		505			4,254		14,972		19,226		(5,467	)	2014-2015		2015	15-30
Jordan, UT

			Initial cost (A)							Gross amount carried at end of period (B)
Property Name	Encumbrance		Land		Buildings and Improve- ments		Cost Capitalized Subsequent to Acquisitions (C)			Land (D)		Buildings and Improvements (D)		Total (D)		Accumulated Depreciation (E)			Date Constructed	Date Acquired		Depreciable Lives
Oquirrh Mountain Marketplace    Phase II		—		1,403		3,727		(50	)		1,403		3,677		5,080		(1,313	)	2014-2015		2016	15-30
Jordan, UT
Park Avenue Shopping Center		—		5,500		16,365		5,387			5,500		21,752		27,252		(8,883	)	2012		2014	15-30
Little Rock, AR
Pentucket Shopping Center		—		5,993		11,251		2,999			5,993		14,250		20,243		(4,577	)	1986		2017	15-30
Plaistow, NH
Plaza at Prairie Ridge		—		618		2,305		—			618		2,305		2,923		(895	)	2008		2015	15-30
Pleasant Prairie, WI
Prattville Town Center		—		5,336		27,672		1,095			5,336		28,767		34,103		(11,205	)	2007		2015	15-30
Prattville, AL
Regal Court		—		5,873		41,181		3,106			5,873		44,287		50,160		(17,611	)	2008		2015	5-30
Shreveport, LA
Rusty Leaf Plaza		—		8,643		20,638		268			8,643		20,906		29,549		(2,838	)	1966		2022	15-30
Orange, CA
Settlers Ridge		—		25,962		98,157		2,626			25,962		100,783		126,745		(38,406	)	2011		2015	15-30
Pittsburgh, PA
Shoppes at Lake Park		—		2,285		8,527		375			2,285		8,902		11,187		(3,493	)	2008		2015	15-30
West Valley City. UT
Shoppes at Market Pointe		—		12,499		8,388		2,032			12,499		10,420		22,919		(5,209	)	2006-2007		2015	15-30
Papillion, NE
Shoppes at Prairie Ridge		—		7,521		22,468		1,483			7,521		23,951		31,472		(9,625	)	2009		2014	15-30
Pleasant Prairie, WI
The Shoppes at Branson Hills		—		4,418		37,229		3,135			4,418		40,364		44,782		(2,644	)	2005		2014	15-30
Branson, MO
Shops at Hawk Ridge		—		1,329		10,341		1,782			1,329		12,123		13,452		(4,302	)	2009		2015	5-30
St. Louis, MO
Village at Burlington Creek		—		10,789		19,385		5,191			10,789		24,576		35,365		(9,261	)	2007 & 2015		2015	5-30
Kansas City, MO
Walgreens Plaza		—		2,624		9,683		441			2,624		10,124		12,748		(4,227	)	2011		2015	15-30
Jacksonville, NC
Wedgewood Commons		—		2,220		26,577		4,362			2,220		30,939		33,159		(12,494	)	2009-2013		2013	5-30
Olive Branch, MS
White City		—		18,961		70,423		4,581			18,961		75,004		93,965		(28,859	)	2013		2015	15-30
Shrewsbury, MA
Wilson Marketplace		—		11,155		27,498		3,157			11,155		30,655		41,810		(9,807	)	2007		2017	15-30
Wilson, NC
Yorkville Marketplace		—		4,990		13,928		1,038			4,990		14,966		19,956		(6,269	)	2002 & 2007		2015	15-30
Yorkville, IL
Total:	$	18,727	$	330,456	$	1,147,322	$	98,656		$	330,456	$	1,245,978	$	1,576,434	$	(435,242	)

Notes:

(a)The initial cost to the Company represents the original purchase price of the property.

(b)The aggregate cost of real estate owned as of December 31, 2025 for federal income tax purposes was $1,657,823 (unaudited).

(c)As applicable, some amounts include write-offs.

(d)Reconciliation of real estate owned:

	2025		2024		2023
Balance at January 1,	$	1,557,352	$	1,540,196	$	1,528,765
Improvements		19,082		17,156		11,431
Balance at December 31,	$	1,576,434	$	1,557,352	$	1,540,196

(e)Reconciliation of accumulated depreciation:

Balance at January 1,	$	385,932	$	335,700	$	288,863
Depreciation expense		49,310		50,232		46,837
Balance at December 31,	$	435,242	$	385,932	$	335,700