<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEETS AND STATEMENTS OF OPERATIONS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <RESTATED> <CIK> 0000895417 <NAME> MANUFACTURED HOME COMMUNITIES, INC. <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <EXCHANGE-RATE> 1 <CASH> 2,292 <SECURITIES> 0 <RECEIVABLES> 723 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 26,278 <PP&E> 597,650 <DEPRECIATION> (71,481) <TOTAL-ASSETS> 567,874 <CURRENT-LIABILITIES> 26,300 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 249 <OTHER-SE> 257,703 <TOTAL-LIABILITY-AND-EQUITY> 567,874 <SALES> 101,930 <TOTAL-REVENUES> 105,203 <CGS> 0 <TOTAL-COSTS> 40,684 <OTHER-EXPENSES> 4,062 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 17,782 <INCOME-PRETAX> 26,943 <INCOME-TAX> 0 <INCOME-CONTINUING> 24,272 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 24,272 <EPS-PRIMARY> .98 <EPS-DILUTED> .98