<ARTICLE>     5
<LEGEND>

"This schedule contains summary financial information extracted from Banyan
Strategic Realty Trust's Form 10-Q for the nine months ended September 30,
1997 and is qualified in its entirety by reference to such Form 10-Q."
</LEGEND>

       
                      
<PERIOD-TYPE>            9-MOS
<FISCAL-YEAR-END>        DEC-31-1997
<PERIOD-END>             SEP-30-1997
<CASH>                           4,343,253  
<SECURITIES>                          0     
<RECEIVABLES>                    1,330,656  
<ALLOWANCES>                          0     
<INVENTORY>                           0     
<CURRENT-ASSETS>                 5,673,909  
<PP&E>                         152,124,568  
<DEPRECIATION>                   5,712,588  
<TOTAL-ASSETS>                 156,647,042  
<CURRENT-LIABILITIES>            3,295,374  
<BONDS>                         21,960,035  
<COMMON>                        52,868,325  
<PREFERRED-MANDATORY>                 0     
<PREFERRED>                           0     
<OTHER-SE>                            0     
<TOTAL-LIABILITY-AND-EQUITY>   156,647,042  
<SALES>                               0     
<TOTAL-REVENUES>                20,515,558  
<CGS>                                 0     
<TOTAL-COSTS>                         0     
<OTHER-EXPENSES>                13,937,614  
<LOSS-PROVISION>                      0     
<INTEREST-EXPENSE>               4,649,172  
<INCOME-PRETAX>                  2,578,071  
<INCOME-TAX>                          0     
<INCOME-CONTINUING>                   0     
<DISCONTINUED>                        0     
<EXTRAORDINARY>                       0     
<CHANGES>                             0     
<NET-INCOME>                     2,578,071  
<EPS-PRIMARY>                         0.24  
<EPS-DILUTED>                         0.24