About Us

Inland Real Estate Corporation is one of the Midwest’s largest owners and operators of community, neighborhood, power and lifestyle shopping centers and single-tenant retail properties, with $1.8 billion in asset acquisition value. We own interests in 152 properties totaling more than 14 million square feet of space. Many of our centers are grocery-anchored.

More than sixty percent of our assets are located in the Chicago metropolitan area and northwest Indiana. We also have a substantial presence in the Minneapolis-St. Paul area, with 26 properties totaling over 2 million square feet. We also own assets in other areas of Minnesota, southern Wisconsin, downstate Illinois, Indiana, Iowa, Ohio, Michigan, Missouri, Nebraska, Tennessee, Texas, Idaho and Florida.

Our portfolio of properties consistently maintains a leased occupancy rate of 95.6% or higher. Our tenants range from large national retailers to local chains to small independent stores. Our two largest tenants are SUPERVALU, Inc., which occupies 7% of our space and provides 6% of our base rental income, and Dominick's Finer Foods, a subsidiary of Safeway, which occupies 4% of our space and provides 4% of our base rental income.

We are a self-administered and self-managed real estate investment trust (REIT), formed in late 1994. Our stock is publicly traded on the New York Stock Exchange under the ticker symbol "IRC". Our stockholders receive monthly dividends, currently at the annual rate of $0.98 per share.