Exhibit 23.1
Consent of Independent Auditors
We consent to the reference to our firm under the caption "Experts" in the
Registration Statement (Form S-3) and related Prospectus of Equity Residential
Properties Trust for the registration of 3,089,547 common shares and to the
incorporation by reference therein of our reports indicated below with respect
to the financial statements indicated below included in Equity Residential
Properties Trust's filings as indicated below, filed with the Securities and
Exchange Commission.
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Date of Auditors'
Financial Statements Report Filing
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Consolidated financial February 17, 1999 1998 Annual Report on
statements and schedule of except for Note Form 10-K
Equity Residential Properties 24, as to which
Trust at December 31, 1998 and the date is March
1997 and for each of the three 5, 1999
years in the period ended
December 31, 1998
Statement of Revenue and Certain April 30, 1998 Current Report on Form
Expenses of Sonterra at Foothill 8-K dated June 25, 1998
Ranch for the year ended
December 31, 1997
Combined Statement of Revenue April 30, 1998 Current Report on Form
and Certain Expenses of the 8-K dated June 25, 1998
Lincoln Property Company
Probable Properties for the year
ended December 31, 1997
Statement of Revenue and Certain May 1, 1998 Current Report on Form
Expenses of The Emerson Place 8-K dated June 25, 1998
Apartments for the year ended
December 31, 1997
Combined Statement of Revenue May 1, 1998 Current Report on Form
and Certain Expenses of The 8-K dated June 25, 1998
Magnum Probable Properties for
the year ended December 31, 1997
Combined Statement of Revenue May 29, 1998 Current Report on Form
and Certain Expenses of the 8-K dated June 25, 1998
Frederick Probable Properties
for the year ended December 31,
1997
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Date of Auditors'
Financial Statements Report Filing
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Statement of Revenue and Certain June 2, 1998 Current Report on Form
Expenses of Harbor Pointe for 8-K dated June 25, 1998
the year ended December 31, 1997
Statement of Revenue and Certain June 4, 1998 Current Report on Form
Expenses of The Fairfield for 8-K dated June 25, 1998
the year ended December 31, 1997
Combined Statement of Revenue June 4, 1998 Current Report on Form
and Certain Expenses of the 8-K dated June 25, 1998
Lakes at Vinings Apartments and
Martins Landing Apartments
Probable Properties for the year
ended December 31, 1997
Statement of Revenue and Certain June 9, 1998 Current Report on Form
Expenses of The Northridge 8-K dated June 25, 1998
Apartments for the year ended
December 31, 1997
Combined Statement of Revenue June 10, 1998 Current Report on Form
and Certain Expenses of TCRS 8-K dated June 25, 1998
Properties for the year ended
December 31, 1997
Statement of Revenue and Certain June 11, 1998 Current Report on Form
Expenses of the Portside Towers 8-K dated June 25, 1998
Apartments for the year ended
December 31, 1997
Statement of Revenue and Certain June 11, 1998 Current Report on Form
Expenses of The Coconut Palm 8-K dated June 25, 1998
Club Apartments for the year
ended December 31, 1997
Combined Statement of Revenue June 18, 1998 Current Report on Form
and Certain Expenses of The 8-K dated June 25, 1998
Focus Group Properties for the
year ended December 31, 1997
/S/ ERNST & YOUNG LLP
Chicago, Illinois
June 16, 1999