EXHIBIT 23.2 CONSENT OF INDEPENDENT AUDITORS We consent to the incorporation by reference in Post Effective Amendment No. 1 to the Registration Statement (Form S-8 No. 333-56619) pertaining to the Great Lakes REIT Amended and Restated 1997 Equity and Performance Plan of our reports indicated below filed with the Securities and Exchange Commission. Financial Statements Date of Auditors' Report -------------------- ------------------------ Consolidated financial statements and schedule of January 29, 1998, except Great Lakes REIT, Inc. included in its Annual Report for Note 14 as to which (Form 10-K) for the year ended December 31, 1997 the date is March 13, 1998 Statement of revenue and certain expenses of TRI-ATRIA December 17, 1997 Office Building for the year ended December 31, 1996 included in the Current Report (Form 8-K/A) of Great Lakes REIT, Inc. dated February 6, 1998 Statement of revenue and certain expenses of 777 December 19, 1997 Eisenhower Plaza for the year ended December 31, 1996 included in the Current Report (Form 8-K/A) of Great Lakes REIT, Inc. dated February 6, 1998 Statement of revenue and certain expenses of Star Bank April 9, 1998 Office Building for the year ended December 31, 1997 included in the Current Report (Form 8-K/A) of Great Lakes REIT, Inc. dated June 18, 1998 Combined statement of revenue and certain expenses of May 21, 1998 Milwaukee Portfolio for the year ended December 31, 1997 included in the Current Report (Form 8-K/A) of Great Lakes REIT, Inc. dated June 18, 1998 Combined statement of revenue and certain expenses of June 18, 1998 Inverness Properties for the year ended December 31, 1997 included in the Current Report (Form 8-K/A) of Great Lakes REIT, Inc. dated July 24, 1998 Ernst & Young LLP Chicago, Illinois July 28, 1998