EXHIBIT 99.1
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Press Release dated October 21, 2004



AMLI                                      125 South Wacker Drive
RESIDENTIAL                               Chicago, Illinois 60606

                                          Phone:      312.443.1477
                                          Fax:        312.443.0909
                                          www.amli.com

PRESS RELEASE

FOR IMMEDIATE RELEASE
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October 21, 2004                    For More Information, Contact:

                                    Allan J. Sweet, President
                                    (312) 984-2602

                                    Fred Shapiro, Senior Vice President
                                    (312) 984-5039



                     AMLI RESIDENTIAL ANNOUNCES THIRD
                       SUBURBAN CHICAGO ACQUISITION

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(CHICAGO, IL) AMLI RESIDENTIAL PROPERTIES TRUST (NYSE: AML) announces that
it has completed the purchase of AMLI at Kirkland Crossing (formerly the
Preserve at Kirkland Crossing) in Aurora, Illinois. As described in a press
release dated September 17, 2004, AMLI acquired AMLI at River Run (formerly
The Preserve at River Run) in Naperville, Illinois and AMLI at Canterfield
(formerly The Tradition at Canterfield) in West Dundee, Illinois last month
from the same developer.

AMLI AT KIRKLAND CROSSING is a 266-unit community set on 19.2 acres. The
community was completed this year and contains 303,952 rentable square feet
in 15 two- and three-story buildings with 52 (20%) one-bedroom, 144 (54%)
two-bedroom and 70 (26%) three-bedroom apartment homes. The average size of
the apartment homes is 1,143 square feet. The community offers numerous
amenities including a resort-style swimming pool and spa, state-of-the-art
fitness center, indoor sport court, resident business center, kids fun-n-
study center, and attached and detached garages.

"The completion of these three acquisitions, coupled with our two recent
Chicago developments, shows our substantial commitment to Chicago, a high-
barrier market," stated Allan Sweet, AMLI President. "AMLI is now one of
the largest operators of luxury apartment communities in the Chicago
suburban market. These acquisitions are consistent with our strategy to
continually upgrade our portfolio with young Class A apartment
communities."

The AMLI<registered trademark> portfolio currently includes 74 apartment
communities containing 27,594 apartment homes, with an additional 1,854
apartment homes under development or in lease-up in five locations. AMLI is
focused on the development, acquisition and management of institutional
quality multifamily communities in the Southeast, Southwest, Midwest and
Mountain regions of the U.S. AMLI Residential also serves as institutional
advisor and asset manager for large pension funds, tax-exempt foundations
and other financial institutions through AMLI's co-investment business.
AMLI employs approximately 850 people who are dedicated to achieving AMLI's
mission--Provide An Outstanding Living Environment For Our Residents.  More
information on AMLI is available at www.amli.com.