Summary of INLAND REAL ESTATE CORP

Item 8.01. Other Events.

On January 24, 2013, Inland Real Estate Corporation (the "Company") issued a press release announcing the tax allocation of the cash distributions paid during 2012 on its preferred and common shares. The tax allocation provided in the press release is provided for informational purposes only. Stockholders are advised to consult with their tax advisors about the specific tax treatment of cash distributions paid by the Company in 2012.
A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein solely for purposes of this Item 2.02. The information reported in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities under that Section. In addition, the information reported in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as shall be expressly set forth by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.

(a)           Financial Statements of Businesses Acquired:  N/A
(b)           Pro Forma Financial Information:  N/A
(c)           Shell Company Transactions: N/A
(d)           Exhibits:
              Exhibit No.                          Description
                 99.1       News release of Inland Real Estate Corporation, dated
                            January 24, 2013.