EXHIBIT 23.2
CONSENT OF INDEPENDENT AUDITORS
We consent to the incorporation by reference in the Registration Statement (Form
S-8) pertaining to the Third Amended and Restated 1993 Share Option and Share
Award Plan of Equity Residential Properties Trust of our reports indicated below
with respect to the financial statements indicated below included in the
Company's filings as indicated below, filed with the Securities and Exchange
Commission.
Date of
-------
Financial Statements Auditor's Report Filing
-------------------- ---------------- ------
Consolidated financial statements February 12, 1997 except Annual Report on
and schedule of Equity Residential for Note 19, as to which Form 10-K, as amended
Properties Trust at December 31, the date is March 20, 1997 by Form 10-K/A
1996 and for the year then ended
Combined Statement of Revenue and August 15, 1997 Current Report on
Certain Expenses of the Ameritech Form 8-K dated
Pension Trust Probable Properties September 17, 1997
for the year ended December 31,
1996
Combined Statement of Revenue and September 5, 1997 Current Report on
Certain Expenses of Paces on the Form 8-K dated
Green and Paces Station for the September 17, 1997
year ended December 31, 1996
Statement of Revenue and Certain July 17, 1997 Current Report
Expenses of Cascade at Landmark on Form 8-K
for the year ended December 31, dated August 15,
1996 1997
Statement of Revenue and Certain July 2, 1997 Current Report
Expenses of Sabal Palm Club on Form 8-K
(formerly known as Post Crossing dated August 15,
(Pompano)) for the year ended 1997
December 31, 1996
Statement of Revenue and Certain July 23, 1997 Current Report
Expenses of Wood Creek (Pleasant on Form 8-K
Hill) for the year ended December dated August 15,
31, 1996 1997
Statement of Revenue and Certain July 25, 1997 Current Report
Expenses of LaMirage for the year on Form 8-K
ended December 31, 1996 dated August 15,
1997
Statement of Revenue and Certain May 16, 1997 Current Report
Expenses of Harborview for the on Form 8-K dated
year ended December 31, 1996 May 20, 1997
Statement of Revenue and Certain May 6, 1997 Current Report
Expenses of Trails at Dominion for on Form 8-K dated
the year ended December 31, 1996 May 20, 1997
Date of
-------
Financial Statements Auditor's Report Filing
-------------------- ---------------- ------
Statement of Revenue and Certain May 7, 1997 Current Report
Expenses of Rincon for the year on Form 8-K dated
ended December 31, 1996 May 20, 1997
Statement of Revenue and Certain May 12, 1997 Current Report on
Expenses of Waterford at the Lakes Form 8-K dated
for the year ended December 31, May 20, 1997
1996
Statement of Revenue and Certain May 16, 1997 Current Report on
Expenses of Lincoln Harbour for Form 8-K dated
the year ended December 31, 1996 May 20, 1997
Combined Statement of Revenue and May 9, 1997 Current Report on
Certain Expenses of Knights Castle Form 8-K dated
and Club at the Green for the year May 20, 1997
ended December 31, 1996
Combined Statements of Revenue and March 25, 1997 Current Report on
Certain Expenses of the Form 8-K dated
Zell/Merrill Properties for each May 20, 1997
of the three years in the period
ended December 31, 1996
Combined Statement of Revenue and May 17, 1996 Current Report on
Certain Expenses of the 1996 Form 8-K, as amended
Acquired Properties and Probable by Form 8-K/A, dated
Properties for the year ended May 23, 1996
December 31, 1995
Combined Statement of Revenue and November 7, 1996 Current Report on
Certain Expenses for the 1996 Form 8-K, as amended
Acquired Properties for the year by Form 8-K/A, dated
ended December 31, 1995 November 15, 1996
/s/ Ernst & Young LLP
Ernst & Young LLP
Chicago, Illinois
October 3, 1997