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      <AuditCommitteeInd>1</AuditCommitteeInd>
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      <OnlyInHouseLobbyingInd>0</OnlyInHouseLobbyingInd>
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        <BookValueAmt>128672</BookValueAmt>
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        <DepreciationAmt>418050</DepreciationAmt>
        <BookValueAmt>37597</BookValueAmt>
      </BuildingsGrp>
      <EquipmentGrp>
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        <DepreciationAmt>87254</DepreciationAmt>
        <BookValueAmt>21665</BookValueAmt>
      </EquipmentGrp>
      <OtherLandBuildingsGrp>
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        <BookValueAmt>12489</BookValueAmt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 2</FormAndLineReferenceDesc>
        <ExplanationTxt>SPIROS BILIANIS AND LORI PETTINATO ARE LICENSED REAL ESTATE PROFESSIONALS FOR THE SAME REAL ESTATE BROKERAGE FIRM. JOHN RUTKOWSKY JR. AND LISA SANDERSON ARE LICENSED REAL ESTATE PROFESSIONALS FOR THE SAME REAL ESTATE BROKERAGE FIRM.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ASSOCIATION HAS APPROXIMATELY 1,000 MEMBERS. THERE ARE SIX CLASSES OF MEMBERSHIP: REALTOR MEMBERS, INSTITUTE AFFILIATE MEMBERS, AFFILIATE MEMBERS, PUBLIC SERVICE MEMBERS, HONORARY MEMBERS, AND STUDENT MEMBERS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7A</FormAndLineReferenceDesc>
        <ExplanationTxt>ASSOCIATION MEMBERS IN GOOD STANDING CAN VOTE FOR AND ELECT OTHER REALTOR MEMBERS IN GOOD STANDINGS TO HOLD AN ELECTIVE OFFICE OF THE ASSOCIATION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7B</FormAndLineReferenceDesc>
        <ExplanationTxt>ANY INCREASE IN ASSOCIATION (LOCAL) DUES OR FEES EXCEEDING 5% IN ANY TWELVE-MONTH PERIOD, SHALL REQUIRE PRIOR APPROVAL BY MAJORITY VOTE OF THE MEMBERSHIP. ANY PURCHASE OR UNBUDGETED OBLIGATION IN EXCESS OF TEN THOUSAND AND 00/100 ($10,000.00) DOLLARS, EXCEPT IN AN EMERGENCY SITUATION, REQUIRES AUTHORIZATION BY VOTE OF THE REALTOR MEMBERS. ANY RESOLUTION TO DISSOLVE THE ASSOCIATION, CONSOLIDATE OR MERGE THE ASSOCIATION WITH ANY OTHER ASSOCIATION OR ASSOCIATIONS, SHALL REQUIRE A TWO-THIRDS (2/3) MAJORITY APPROVING VOTE OF THE MEMBERS. THE BYLAWS MAY BE AMENDED BY A TWO-THIRDS (2/3) VOTE OF THE REALTOR MEMBERS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ASSOCIATION'S FORM 990 IS PROVIDED TO BOARD MEMBERS, OFFICERS, AND EXECUTIVE DIRECTOR FOR REVIEW AND APPROVAL BEFORE IT IS FILED.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD OF DIRECTORS AND STAFF COMPLETE CONFLICT OF INTEREST STATEMENTS ON AN ANNUAL BASIS. THE ASSOCIATION MAINTAINS THE CONFLICT OF INTEREST STATEMENTS AND REVIEWS THEM REGULARLY FOR POTENTIAL CONFLICTS. IF A POTENTIAL CONFLICT WOULD ARISE THROUGHOUT THE COURSE OF THE YEAR, THE PERSON OR PERSONS WITH THE POTENTIAL CONFLICT WOULD BE ASKED TO DISCLOSE SUCH POTENTIAL CONFLICT, A DISCUSSION OF THE POSSIBLE CONFLICT WOULD BE HAD BY THE DISINTERESTED MEMBER OF THE BOARD OF DIRECTORS, AND IF NEED BE THE BOARD OF DIRECTOR'S COUNSEL WOULD BE CONSULTED.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 18</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ASSOCIATION'S FORM 1024 AND FORM 990'S ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. THE FORM 990'S ARE ALSO AVAILABLE VIA THE INTERNET.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ASSOCIATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XII, LINE 2C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ASSOCIATION'S BOARD OF DIRECTORS AND EXECUTIVE DIRECTOR ASSUME RESPONSIBILITY FOR THE OVERSIGHT OF ITS REVIEWED FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. NO CHANGE IN OVERSIGHT PROCESS FROM PREVIOUS YEAR.</ExplanationTxt>
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        </DisregardedEntityName>
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          <AddressLine1Txt>430 NORTH MICHIGAN AVENUE</AddressLine1Txt>
          <CityNm>CHICAGO</CityNm>
          <StateAbbreviationCd>IL</StateAbbreviationCd>
          <ZIPCd>60611</ZIPCd>
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          <StateAbbreviationCd>PA</StateAbbreviationCd>
          <ZIPCd>17043</ZIPCd>
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      <AssetExchangeInd>0</AssetExchangeInd>
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        </OtherOrganizationName>
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        <MethodOfAmountDeterminationTxt>CASH</MethodOfAmountDeterminationTxt>
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        </OtherOrganizationName>
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        </OtherOrganizationName>
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        </OtherOrganizationName>
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        <MethodOfAmountDeterminationTxt>CASH</MethodOfAmountDeterminationTxt>
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        </OtherOrganizationName>
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        <MethodOfAmountDeterminationTxt>CASH</MethodOfAmountDeterminationTxt>
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</Return>