Liabilities / Assets
22nd percentile
Higher debt load relative to assets than 22% of similar nonprofits.
EIN 90-0343378 • 501(c)25 • Chicago, IL
Profile
Attachment 2 attachment 2the corporation is a 501(c)(25) organization. It was organized forthe exclusive purpose of holding title to real property, collectingincome from such property, and remitting the entire amount of incomefrom such property (less expenses) to the shareholder of thiscorporation. The sole shareholder of this corporation is the teachersretirement system of the state of illinois, which is a tax-exemptpension fund that meets the requirements of section 401(a) of theinternal revenue code as amended, which trusts are exempt fromtaxation under section 501(a) of the code.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
22nd percentile
Higher debt load relative to assets than 22% of similar nonprofits.
Liabilities / Revenue
16th percentile
Higher debt load relative to revenue than 16% of similar nonprofits.
Net Margin
100th percentile
Higher net margin than 100% of similar nonprofits.
Top Officer Pay
19th percentile
Higher top officer pay than 19% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
1st percentile
Faster asset growth than 1% of similar nonprofits.
Revenue Growth
99th percentile
Faster revenue growth than 99% of similar nonprofits.
Assets
Up$48,085,139
Up $7,822,493 (+19%) from 2023
Liabilities
Up$12,583,519
Up $99,617 (+0.8%) from 2023
Net Assets
Up$35,501,620
Up $7,722,876 (+28%) from 2023
Revenue
Down$1,264,919
Down $91,260 (-6.7%) from 2023
Expenses
Flat$0
Flat from 2023
Net Income
Down$1,264,919
Down $91,260 (-6.7%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
Attachment 2 attachment 2the corporation is a 501(c)(25) organization. It was organized forthe exclusive purpose of holding title to real property, collectingincome from such property, and remitting the entire amount of incomefrom such property (less expenses) to the shareholder of thiscorporation. The sole shareholder of this corporation is the teachersretirement system of the state of illinois, which is a tax-exemptpension fund that meets the requirements of section 401(a) of theinternal revenue code as amended, which trusts are exempt fromtaxation under section 501(a) of the code.
Attachment 1 attachment 1to hold title to property, collect income and remit net income to the teachers retirement system of illinois, its sole shareholder.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $16,818,774 | $24,450,305 | ▲ $7,631,531 |
| Land, Buildings, and Equipment, Net | $18,688,916 | $18,792,030 | ▲ $103,114 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $10,959,970 | $11,051,316 | ▲ $91,346 |
| Cash and Non-Interest-Bearing Accounts | $671,341 | $1,005,284 | ▲ $333,943 |
| Intangible Assets | $775,029 | $931,310 | ▲ $156,281 |
| Accounts Receivable | $47,648 | $46,692 | ▼ $956 |
| Prepaid Expenses and Deferred Charges | $32,619 | $16,496 | ▼ $16,123 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $40,262,646 | $48,085,139 | ▲ $7,822,493 |
| Other Assets Total | $20,047,093 | $27,293,327 | ▲ $7,246,234 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $12,159,378 | $12,200,000 | ▲ $40,622 |
| Deferred Revenue | $168,496 | $221,316 | ▲ $52,820 |
| Accounts Payable and Accrued Expenses | $87,276 | $105,175 | ▲ $17,899 |
| Other Liabilities | $68,752 | $57,028 | ▼ $11,724 |
| Total Liabilities | $12,483,902 | $12,583,519 | ▲ $99,617 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $27,778,744 | $35,501,620 | ▲ $7,722,876 |
| Total Liabilities and Net Assets / Fund Balance | $40,262,646 | $48,085,139 | ▲ $7,822,493 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $14,754,530 | - | - |
| Land | $4,037,500 | - | - |
| Other Assets Org | $27,293,327 | - | - |
| Name | Title |
|---|---|
| Jenifer Ratcliffe | President |
| Lee R Baker | Vice President |
| Gregory Courtwright | VP/ Treasurer |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $0 |
| Other Expenses | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| - | Mgmt Company | Asset Management Fees | No | $84,328 |
| Liability | Amount |
|---|---|
| Security Deposits | $57,028 |
“Management and control of all duties for operations are delegated to lpc realty advisors i, lp.”
“The sole shareholder of the organization is the teachers retirement system of illinois.”
“The sole shareholder reviews and approves the acquisitions, dispositions and refinancing of the investments.”
“An officer reviews a draft of the tax return provided by the tax return preparer. An officer then approves the draft or provides changes and corrections to the preparer. Upon approval, a final copy is issued to the taxpayer for filing. A copy of the return is kept on file and is available for review upon request.”
“The delegated management company, lpc realty advisors i, lp. Has a written conflict of interest policy. The potential for conflicts is minimized by annual reviews and questionnaires. The officers and the governing body, as well as all employees and contractors lpc realty advisors i, lp. Are aware of the policy. No specific enforcement has been necessary.”
“The organization has no employees. Neither the officers nor the governing body, the investment committee, receive compensation from the organization. These persons are compensated and reviewed by the management company, lpc realty advisors i, lp.”
“Upon request, the organization makes its tax returns, financial statements and conflict of interest policy available for public inspection by furnishing a copy to the requesting person.”
“Section a, column b: the officers and investment committee members spend less than one hour per week on the business of all related organizations listed in schedule r.”
“Contribution 91,345. Distribution -1,000,000.”
“Line 2b: the corporation's financial statements are audited by an independent accountant as part of combined financial statements. They are not prepared on the basis of generally accepted accounting principles, but on another comprehensive basis of accounting. More information is available upon request. Line 2c: there was no change in the oversight or selection process. See the answers for part vi.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 87276 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 105175 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 47648 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 46692 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | ATTACHMENT 1 ATTACHMENT 1TO HOLD TITLE TO PROPERTY, COLLECT INCOME AND REMIT NET INCOME TO THE TEACHERS RETIREMENT SYSTEM OF ILLINOIS, ITS SOLE SHAREHOLDER. |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | JENIFER RATCLIFFE |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3123458784 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 120 N LASALLE STREET SUITE 2900 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | CHICAGO |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60602 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 1 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 671341 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1005284 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | -161000 |
| IRS990/CYOtherExpensesAmt | 0 | 0 |
| IRS990/CYOtherRevenueAmt | 0 | 1425919 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 1264919 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 0 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1264919 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 168496 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 221316 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/Desc | 0 | NOT APPLICABLE |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 38.60 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.40 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JENIFER RATCLIFFE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | GREGORY COURTWRIGHT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | LEE R BAKER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VP/ TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE PRESIDENT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2008 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | -161000 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 2978346 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 2978346 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 775029 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 931310 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 18688916 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 18792030 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 18792030 |
| IRS990/LegalDomicileStateCd | 0 | DE |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 161000 |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 1552427 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | ATTACHMENT 2 ATTACHMENT 2THE CORPORATION IS A 501(C)(25) ORGANIZATION. IT WAS ORGANIZED FORTHE EXCLUSIVE PURPOSE OF HOLDING TITLE TO REAL PROPERTY, COLLECTINGINCOME FROM SUCH PROPERTY, AND REMITTING THE ENTIRE AMOUNT OF INCOMEFROM SUCH PROPERTY (LESS EXPENSES) TO THE SHAREHOLDER OF THISCORPORATION. THE SOLE SHAREHOLDER OF THIS CORPORATION IS THE TEACHERSRETIREMENT SYSTEM OF THE STATE OF ILLINOIS, WHICH IS A TAX-EXEMPTPENSION FUND THAT MEETS THE REQUIREMENTS OF SECTION 401(A) OF THEINTERNAL REVENUE CODE AS AMENDED, WHICH TRUSTS ARE EXEMPT FROMTAXATION UNDER SECTION 501(A) OF THE CODE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 12159378 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 12200000 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 27778744 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 35501620 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | -161000 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -161000 |
| IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1425919 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 1425919 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 7366612 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | 1 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 20047093 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 27293327 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -908655 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 68752 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 57028 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 10959970 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 11051316 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 32619 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 16496 |
| IRS990/PrincipalOfficerNm | 0 | JENIFER RATCLIFFE |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 0 |
| IRS990/PYOtherRevenueAmt | 0 | 1356179 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 1356179 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 0 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1356179 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 1264919 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 1425919 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 16818774 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 24450305 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 14754530 |
| IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 14754530 |
| IRS990ScheduleD/CollectionUsedOtherPurposesGrp/CollectionUsedOtherPurposesInd | 0 | X |
| IRS990ScheduleD/CollectionUsedOtherPurposesGrp/OtherPurposesDesc | 0 | N/A |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 4037500 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 4037500 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 27293327 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | UNREALIZED APPRECIATION-EQUITY |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 57028 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | SECURITY DEPOSITS |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 18792030 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 27293327 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 57028 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt | 0 | LPC REALTY ADVISORS I LP |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | MGMT COMPANY |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 0 | 84328 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | ASSET MANAGEMENT FEES |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | MANAGEMENT AND CONTROL OF ALL DUTIES FOR OPERATIONS ARE DELEGATED TO LPC REALTY ADVISORS I, LP. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE SOLE SHAREHOLDER OF THE ORGANIZATION IS THE TEACHERS RETIREMENT SYSTEM OF ILLINOIS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE SOLE SHAREHOLDER REVIEWS AND APPROVES THE ACQUISITIONS, DISPOSITIONS AND REFINANCING OF THE INVESTMENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | AN OFFICER REVIEWS A DRAFT OF THE TAX RETURN PROVIDED BY THE TAX RETURN PREPARER. AN OFFICER THEN APPROVES THE DRAFT OR PROVIDES CHANGES AND CORRECTIONS TO THE PREPARER. UPON APPROVAL, A FINAL COPY IS ISSUED TO THE TAXPAYER FOR FILING. A COPY OF THE RETURN IS KEPT ON FILE AND IS AVAILABLE FOR REVIEW UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE DELEGATED MANAGEMENT COMPANY, LPC REALTY ADVISORS I, LP. HAS A WRITTEN CONFLICT OF INTEREST POLICY. THE POTENTIAL FOR CONFLICTS IS MINIMIZED BY ANNUAL REVIEWS AND QUESTIONNAIRES. THE OFFICERS AND THE GOVERNING BODY, AS WELL AS ALL EMPLOYEES AND CONTRACTORS LPC REALTY ADVISORS I, LP. ARE AWARE OF THE POLICY. NO SPECIFIC ENFORCEMENT HAS BEEN NECESSARY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE ORGANIZATION HAS NO EMPLOYEES. NEITHER THE OFFICERS NOR THE GOVERNING BODY, THE INVESTMENT COMMITTEE, RECEIVE COMPENSATION FROM THE ORGANIZATION. THESE PERSONS ARE COMPENSATED AND REVIEWED BY THE MANAGEMENT COMPANY, LPC REALTY ADVISORS I, LP. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | UPON REQUEST, THE ORGANIZATION MAKES ITS TAX RETURNS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE FOR PUBLIC INSPECTION BY FURNISHING A COPY TO THE REQUESTING PERSON. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | SECTION A, COLUMN B: THE OFFICERS AND INVESTMENT COMMITTEE MEMBERS SPEND LESS THAN ONE HOUR PER WEEK ON THE BUSINESS OF ALL RELATED ORGANIZATIONS LISTED IN SCHEDULE R. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | CONTRIBUTION 91,345. DISTRIBUTION -1,000,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | LINE 2B: THE CORPORATION'S FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTANT AS PART OF COMBINED FINANCIAL STATEMENTS. THEY ARE NOT PREPARED ON THE BASIS OF GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, BUT ON ANOTHER COMPREHENSIVE BASIS OF ACCOUNTING. MORE INFORMATION IS AVAILABLE UPON REQUEST. LINE 2C: THERE WAS NO CHANGE IN THE OVERSIGHT OR SELECTION PROCESS. SEE THE ANSWERS FOR PART VI. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION B, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | PART VII-COMPENSATION OF OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES, HIGH |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PART XI, LINE 9: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | PART XII-FINANCIAL STATEMENTS AND REPORTING |
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