Exhibit 21.1

ELPF Subsidiaries as of March 8, 2012	State or Jurisdiction or Incorporation		Percent Owned by the Company
Jones Lang LaSalle Income Property Trust, Inc.		Maryland		100.00	%
Legacy Village Holdings III LLC		Delaware		100.00	%
Legacy Village Holdings II LLC		Delaware		100.00	%
Legacy Village Holdings LLC		Delaware		100.00	%
Legacy Village Investors LLC		Delaware		46.50	%
Village Valet, LLC		Delaware		46.50	%
MIVPO Member LLC		Delaware		100.00	%
MIVPO LLC		Delaware		100.00	%
ELPF Atlanta Member LLC		Delaware		100.00	%
ELPF Cobb LLC		Delaware		100.00	%
ELPF / Sutter Holdings, LLC		Delaware		100.00	%
CEP XII Investors LLC		Delaware		80.00	%
ELPF Kendall LLC		Delaware		100.00	%
ELPF Northglenn Member LLC		Delaware		100.00	%
ELPF Northglenn LLC		Delaware		100.00	%
ELPF Medical Holdings LLC		Delaware		100.00	%
ELPF Acquisitions #1 Partners LLC		Delaware		100.00	%
ELPF Chandler 485 South Dobson LLC		Delaware		100.00	%
ELPF Northridge 18350 Roscoe LLC		Delaware		100.00	%
ELPF Phoenix 4545 East Chandler LLC		Delaware		100.00	%
ELPF Van Nuys 14624 Sherman LLC		Delaware		100.00	%
ELPF Bakersfield 500 Old River LLC		Delaware		100.00	%
ELPF Gilbert 1501 North Gilbert LLC		Delaware		100.00	%
ELPF Northridge 18546 Roscoe LLC		Delaware		100.00	%
ELPF Sun Lakes 10440 East Riggs LLC		Delaware		100.00	%
ELPF Phoenix 500 West Thomas LLC		Delaware		100.00	%
ELPF Santa Maria 116 South Palisade LLC		Delaware		100.00	%
ELPF Glendale 1500 South Central LLC		Delaware		100.00	%
ELPF Northridge 18460 Roscoe LLC		Delaware		100.00	%
ELPF Van Nuys 14600 Sherman LLC		Delaware		100.00	%
ELPF Bakersfield 300 Old River LLC		Delaware		100.00	%
ELPF Santa Maria 525 East Plaza LLC		Delaware		100.00	%
ELPF Sherman Way Parking LLC		Delaware		100.00	%
ELPF Met Park North LLC		Delaware		100.00	%
ELPF Slidell Member, Inc.		Delaware		100.00	%
ELPF Slidell LLC		Delaware		100.00	%
ELPF Norfleet LLC		Delaware		100.00	%
ELPF Station Nine LLC.		Delaware		100.00	%
ELPF Missouri Research Park I LLC		Delaware		100.00	%
ELPF Missouri Research Park II LLC		Delaware		100.00	%
ELPF Howell Mill LLC		Delaware		100.00	%
ELPF Scranton Road GP LLC		Delaware		100.00	%
ELPF Scranton Road LP		Delaware		100.00	%
ELPF Railway GP Inc.		Alberta		100.00	%
ELPF Railway LP		Delaware		100.00	%
ELPF Canada Investors GP Inc.		Delaware		100.00	%
ELPF Canada Investors LP		Delaware		100.00	%
ELPF Canada Trust		Delaware		100.00	%
ELPF 6807 Railway Street Inc.		Alberta		100.00	%
ELPF 6807 Railway Street Leasehold ULC		Alberta		100.00	%
Holding Gainesville LLC		Delaware		78.00	%
Investor Gainesville LLC		Delaware		100.00	%
ELPF Gainesville LLC		Delaware		100.00	%
Holding Athens LLC		Delaware		78.00	%
Investor Athens LLC		Delaware		100.00	%

ELPF Athens LLC	Delaware	100.00	%
Holding Columbia LLC	Delaware	78.00	%
Investor Columbia LLC	Delaware	100.00	%
ELPF Columbia LLC	Delaware	100.00	%
Holding San Marcos LLC	Delaware	78.00	%
Investor San Marcos LLC	Delaware	100.00	%
ELPF San Marcos LLC	Delaware	100.00	%
ELPF Tampa Holding LLC	Delaware	100.00	%
ELPF Tampa LLC	Delaware	78.00	%
ELPF Lafayette Subsidiary, Inc.	Delaware	100.00	%
Holding Lafayette LLC	Delaware	78.00	%
ELPF Lafayette Member LLC	Delaware	78.00	%
ELPF Lafayette LLC	Delaware	78.00	%