CONSENT OF ERNST & YOUNG
Published on
CONSENT OF INDEPENDENT AUDITORS
We consent to the incorporation by reference in the Registration Statements
(Form S-3 No. 333-32183 and Forms S-8 No. 333-06867 and No. 333-06869) of Equity
Residential Properties Trust and the related Prospectuses of our report dated
November 12, 1997, with respect to the combined Statement of Revenue and Certain
Expenses of the CAPREIT Acquired and Probable Properties for the year ended
December 31, 1996 included in the Current Report of Equity Residential
Properties Trust on Form 8-K, as amended by Form 8-K/A, dated October 9, 1997.
Ernst & Young LLP
Chicago, Illinois
November 12, 1997