BRAUVIN CORPORATE LEASE PROGRAM IV L P
8-K/A, 1996-07-24
REAL ESTATE
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                SECURITIES AND EXCHANGE COMMISSION

                     Washington, D.C.  20549

                             FORM 8-K
                        Amendment No. 1
                    
                          CURRENT REPORT

              Pursuant to Section 13 or 15(d) of the
                 Securities Exchange Act of 1934


  Date of Report  (Date of earliest event reported)   May 23, 1996


             Brauvin Corporate Lease Program IV L. P.   
      (Exact name of registrant as specified in its charter)


       Delaware            0-21536                 36-3800611  
    (State or other       (Commission             (IRS Employer
    jurisdiction of       File Number)           Identification
      organization)                                  Number)


    150 South Wacker Drive,  Suite 3200,  Chicago, Illinois        60606
           (Address of principal executive offices)              (Zip Code)


    Registrant's telephone number, including area code     (312) 443-0922

                        Not Applicable  
     (Former name or former address, if changed since last report)
     
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Item 5.  Other Events

  On May 23, 1996, Mr. Cezar M. Froelich notified the Managing General 
Partner of Brauvin High Yield Fund L.P. ("the Partnership") of his decision
to resign and withdraw as a General Partner of the Partnership.  This 
resignation will become effective ninety days from June 20, 1996 (the date 
of notice to the Limited Partners).  Mr. Froelich and the Managing General
Partner do not believe that this resignation has had an adverse effect, and 
should not in the future have any adverse effect, on the operations of the 
Partnership.  


  On June 14, 1996, Mr. Thomas J. Coorsh resigned his position as Treasurer 
and Chief Financial Officer of the Corporate General Partner of the 
Partnership.  Mr. Coorsh's resignation was not the result of a disagreement 
on any matter relating to the Partnership's operations, policies or 
practices.

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                            SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the 
registrant has duly caused this report to be signed on its behalf by the 
undersigned thereunto duly authorized.



                            BRAUVIN CORPORATE LEASE PROGRAM IV L.P.


                            By:   Brauvin Realty Advisors IV, Inc.
                                  Corporate General Partner


                            By:/s/ Jerome J.  Brault 
                                                         
                               Jerome J. Brault, Chairman of the Board,
                               President and Chief Executive Officer

                            Dated:          July 24, 1996

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