<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> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <EXCHANGE-RATE> 1 <CASH> 5,433 <SECURITIES> 0 <RECEIVABLES> 717 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 17,836 <PP&E> 634,944 <DEPRECIATION> (79,564) <TOTAL-ASSETS> 588,823 <CURRENT-LIABILITIES> 31,958 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 247 <OTHER-SE> 250,082 <TOTAL-LIABILITY-AND-EQUITY> 588,823 <SALES> 56,461 <TOTAL-REVENUES> 57,914 <CGS> 0 <TOTAL-COSTS> 21,600 <OTHER-EXPENSES> 2,212 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 10,017 <INCOME-PRETAX> 15,762 <INCOME-TAX> 0 <INCOME-CONTINUING> 14,177 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 14,177 <EPS-PRIMARY> .57 <EPS-DILUTED> .57