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OMB APPROVAL
OMB Number 3235-0145
Expires August 31, 1991
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G/A
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2)*
ERP Operating Limited Partnership
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(NAME OF ISSUER)
Operating Partnership Units
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(TITLE OF CLASS OF SECURITIES)
N/A
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(CUSIP NUMBER)
p
Check the following box if a fee is being paid with the statement [ ] . (A fee
is not required only if the reporting person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*The remainder of this cover page shall be filled our for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
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CUSIP NO. N/A 13G PAGE 2 OF 5 PAGES
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(1) NAMES OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Equity Residential Properties Trust
36-3877868
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Maryland
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(5) SOLE VOTING POWER
NUMBER OF 51,154,836
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY
EACH --------------------------------------------------------
REPORTING (7) SOLE DISPOSITIVE POWER
PERSON WITH 51,154,836
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(8) SHARED DISPOSITIVE POWER
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
51,154,836
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(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
[ ]
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
86.7%
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(12) TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTION BEFORE FILLING OUT!
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ERP OPERATING LIMITED PARTNERSHIP
OPERATING PARTNERSHIP UNITS
NO CUSIP NUMBER
ITEM 1(a). NAME OF ISSUER
The Issuer is ERP Operating Limited partnership, an
Illinois limited partnership (the "Operating
Partnership").
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
The Issuer's principal executive office is:
Two North Riverside Plaza
Chicago, Illinois 60606
ITEM 2(a). NAME OF PERSON FILING
Equity Residential Properties Trust
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE,
RESIDENCE
Two North Riverside Plaza
Chicago, Illinois 60606
ITEM 2(c). CITIZENSHIP
The Reporting Person's state of organization is
Maryland.
ITEM 2(d). TITLE OF CLASS OF SECURITIES
Securities reported herein are Operating Partnership
Units.
ITEM 2(e). CUSIP NUMBER
Not applicable.
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES
13d-1(b), OR 13d-2(b), CHECK WHETHER THE PERSON
FILING IS A
Not applicable.
ITEM 4(a). AMOUNT BENEFICIALLY OWNED
51,154,836
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ITEM 4(b). PERCENT OF CLASS
86.7%
ITEM 4(c). NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) Sole power to vote or to direct the vote of
51,154,836 shares
(ii) Shared power to vote or to direct the vote of
0 shares
(iii) Sole power to dispose or to direct the
disposition of 51,154,836
(iv) Shared power to dispose or to direct the
disposition of 0 shares
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not applicable.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF
ANOTHER PERSON
Not applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY
WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE
PARENT HOLDING COMPANY
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE
GROUP
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable.
ITEM 10. CERTIFICATE
Not applicable.
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SIGNATURE
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After reasonable inquiry, and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete
and correct.
Dated: February 14, 1997
EQUITY RESIDENTIAL PROPERTIES TRUST
By: /s/ Douglas Crocker II
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Douglas Crocker II
Its: Chief Executive Officer
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