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                                UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, D.C.  20549

                                 SCHEDULE 13G

                  UNDER THE SECURITIES EXCHANGE ACT OF 1934
                            (AMENDMENT NO. ___ )*


                     Manufactured Home Communities, Inc.
- -------------------------------------------------------------------------------
                               (NAME OF ISSUER)

                         Common Stock, par value $.01
- -------------------------------------------------------------------------------
                        (TITLE OF CLASS OF SECURITIES)

                                 564682 10 2
- -------------------------------------------------------------------------------
                                (CUSIP NUMBER)



*The remainder of this cover page shall be filled out 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).







                                 Page 1 of 28
   2

- -----------------------                                   ---------------------
CUSIP No.  564682 10 2                   13G               Page 2 of 28
- -----------------------                                   ---------------------

- -------------------------------------------------------------------------------
 1   NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

       Samuel Zell
       ###-##-####
- -------------------------------------------------------------------------------
 2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                      (a) [X] 
                                                                      (b) [ ] 
- -------------------------------------------------------------------------------
 3   SEC USE ONLY

- -------------------------------------------------------------------------------
 4   CITIZENSHIP OR PLACE OF ORGANIZATION
     
       USA
- -------------------------------------------------------------------------------
                   5       SOLE VOTING POWER

                             91,070
                ---------------------------------------------------------------
                   6       SHARED VOTING POWER
                                    
                             919,848                  
  NUMBER OF     
   SHARES                     
 BENEFICIALLY           
   OWNED BY     ---------------------------------------------------------------
EACH REPORTING     7       SOLE DISPOSITIVE POWER                              
 PERSON WITH    
                             91,070

                ---------------------------------------------------------------
                   8       SHARED DISPOSITIVE POWER

                             919,848                
                ---------------------------------------------------------------
 9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

       1,010,918

- -------------------------------------------------------------------------------
10   CHECK BOX IF AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

       [ ]
- -------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

       4.0% (3.7% assuming conversion of all Reporting Persons' derivative 
       securities)
- -------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON*

       IN
- -------------------------------------------------------------------------------




   3

- -----------------------                                   ---------------------
CUSIP No.  564682 10 2                   13G               Page 3 of 28
- -----------------------                                   ---------------------

- -------------------------------------------------------------------------------
 1   NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

       Samuel Zell Revocable Trust u/t/a 1/17/90
       ###-##-####
- -------------------------------------------------------------------------------
 2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                      (a) [X] 
                                                                      (b) [ ] 
- -------------------------------------------------------------------------------
 3   SEC USE ONLY

- -------------------------------------------------------------------------------
 4   CITIZENSHIP OR PLACE OF ORGANIZATION
     
       Illinois
- -------------------------------------------------------------------------------
                   5       SOLE VOTING POWER

                             
                ---------------------------------------------------------------
                   6       SHARED VOTING POWER
                                    
                             919,848                  
  NUMBER OF     
   SHARES                     
 BENEFICIALLY           
   OWNED BY     ---------------------------------------------------------------
EACH REPORTING     7       SOLE DISPOSITIVE POWER                              
 PERSON WITH    
                            

                ---------------------------------------------------------------
                   8       SHARED DISPOSITIVE POWER

                             919,848                
                ---------------------------------------------------------------
 9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

       919,848

- -------------------------------------------------------------------------------
10   CHECK BOX IF AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

       [ ]
- -------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

       3.6% (3.4% assuming conversion of all Reporting Persons' derivative 
       securities)
- -------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON*

       OO
- -------------------------------------------------------------------------------




   4

- -----------------------                                   ---------------------
CUSIP No.  564682 10 2                   13G               Page 4 of 28
- -----------------------                                   ---------------------

- -------------------------------------------------------------------------------
 1   NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

       Samstock/SZRT, L.L.C.
       ###-##-####
- -------------------------------------------------------------------------------
 2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                      (a) [X] 
                                                                      (b) [ ] 
- -------------------------------------------------------------------------------
 3   SEC USE ONLY

- -------------------------------------------------------------------------------
 4   CITIZENSHIP OR PLACE OF ORGANIZATION
     
       Delaware
- -------------------------------------------------------------------------------
                   5       SOLE VOTING POWER

                             
                ---------------------------------------------------------------
                   6       SHARED VOTING POWER
                                    
                             307,774
  NUMBER OF     
   SHARES                     
 BENEFICIALLY           
   OWNED BY     ---------------------------------------------------------------
EACH REPORTING     7       SOLE DISPOSITIVE POWER                              
 PERSON WITH    
                             

                ---------------------------------------------------------------
                   8       SHARED DISPOSITIVE POWER

                             307,774
                ---------------------------------------------------------------
 9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

       307,774

- -------------------------------------------------------------------------------
10   CHECK BOX IF AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

       [ ]
- -------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

       1.2% (1.1% assuming conversion of all Reporting Persons' derivative 
       securities)
- -------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON*

       OO
- -------------------------------------------------------------------------------




   5

- -----------------------                                   ---------------------
CUSIP No.  564682 10 2                   13G               Page 5 of 28
- -----------------------                                   ---------------------

- -------------------------------------------------------------------------------
 1   NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

       Samstock/ZGPI, L.L.C.
       36-3716786
- -------------------------------------------------------------------------------
 2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                      (a) [X] 
                                                                      (b) [ ] 
- -------------------------------------------------------------------------------
 3   SEC USE ONLY

- -------------------------------------------------------------------------------
 4   CITIZENSHIP OR PLACE OF ORGANIZATION
     
       Delaware
- -------------------------------------------------------------------------------
                   5       SOLE VOTING POWER

                             
                ---------------------------------------------------------------
                   6       SHARED VOTING POWER
                                    
                             6,003
  NUMBER OF     
   SHARES                     
 BENEFICIALLY           
   OWNED BY     ---------------------------------------------------------------
EACH REPORTING     7       SOLE DISPOSITIVE POWER                              
 PERSON WITH    
                             

                ---------------------------------------------------------------
                   8       SHARED DISPOSITIVE POWER

                             6,003
                ---------------------------------------------------------------
 9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

       6,003

- -------------------------------------------------------------------------------
10   CHECK BOX IF AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

       [ ]
- -------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

       .02% (.02% assuming conversion of all Reporting Persons' derivative 
       securities)
- -------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON*

       OO
- -------------------------------------------------------------------------------




   6

- -----------------------                                   ---------------------
CUSIP No.  564682 10 2                   13G               Page 6 of 28
- -----------------------                                   ---------------------

- -------------------------------------------------------------------------------
 1   NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

       Samstock, L.L.C.
       36-4156890
- -------------------------------------------------------------------------------
 2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                      (a) [X] 
                                                                      (b) [ ] 
- -------------------------------------------------------------------------------
 3   SEC USE ONLY

- -------------------------------------------------------------------------------
 4   CITIZENSHIP OR PLACE OF ORGANIZATION
     
       Delaware
- -------------------------------------------------------------------------------
                   5       SOLE VOTING POWER

                             
                ---------------------------------------------------------------
                   6       SHARED VOTING POWER
                                    
                             601,665
  NUMBER OF     
   SHARES                     
 BENEFICIALLY           
   OWNED BY     ---------------------------------------------------------------
EACH REPORTING     7       SOLE DISPOSITIVE POWER                              
 PERSON WITH    
                             

                ---------------------------------------------------------------
                   8       SHARED DISPOSITIVE POWER

                             601,665
                ---------------------------------------------------------------
 9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

       601,665

- -------------------------------------------------------------------------------
10   CHECK BOX IF AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

       [ ]
- -------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

       2.4% (2.2% assuming conversion of all Reporting Persons' derivative 
       securities)
- -------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON*

       OO
- -------------------------------------------------------------------------------




   7

- -----------------------                                   ---------------------
CUSIP No.  564682 10 2                   13G               Page 7 of 28
- -----------------------                                   ---------------------

- -------------------------------------------------------------------------------
 1   NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

       Samstock / ZFT, L.L.C.
       36-3022976
- -------------------------------------------------------------------------------
 2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                      (a) [X] 
                                                                      (b) [ ] 
- -------------------------------------------------------------------------------
 3   SEC USE ONLY

- -------------------------------------------------------------------------------
 4   CITIZENSHIP OR PLACE OF ORGANIZATION
     
       Illinois
- -------------------------------------------------------------------------------
                   5       SOLE VOTING POWER

                             
                ---------------------------------------------------------------
                   6       SHARED VOTING POWER
                                    
                             187,278
  NUMBER OF     
   SHARES                     
 BENEFICIALLY           
   OWNED BY     ---------------------------------------------------------------
EACH REPORTING     7       SOLE DISPOSITIVE POWER                              
 PERSON WITH    
                             

                ---------------------------------------------------------------
                   8       SHARED DISPOSITIVE POWER

                             187,278
                ---------------------------------------------------------------
 9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

       187,278

- -------------------------------------------------------------------------------
10   CHECK BOX IF AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

       [ ]
- -------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

       .7% (.7% assuming conversion of all Reporting Persons' derivative 
       securities)
- -------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON*

       PN
- -------------------------------------------------------------------------------




   8

- -----------------------                                   ---------------------
CUSIP No.  564682 10 2                   13G               Page 8 of 28
- -----------------------                                   ---------------------

- -------------------------------------------------------------------------------
 1   NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

       EGI Holdings, Inc.
       36-4175553
- -------------------------------------------------------------------------------
 2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                      (a) [X] 
                                                                      (b) [ ] 
- -------------------------------------------------------------------------------
 3   SEC USE ONLY

- -------------------------------------------------------------------------------
 4   CITIZENSHIP OR PLACE OF ORGANIZATION
     
       Illinois
- -------------------------------------------------------------------------------
                   5       SOLE VOTING POWER

                             
                ---------------------------------------------------------------
                   6       SHARED VOTING POWER
                                    
                             579,873
  NUMBER OF     
   SHARES                     
 BENEFICIALLY           
   OWNED BY     ---------------------------------------------------------------
EACH REPORTING     7       SOLE DISPOSITIVE POWER                              
 PERSON WITH    
                             

                ---------------------------------------------------------------
                   8       SHARED DISPOSITIVE POWER

                             579,873
                ---------------------------------------------------------------
 9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

       579,873

- -------------------------------------------------------------------------------
10   CHECK BOX IF AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

       [ ]
- -------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

       2.3% (2.1% assuming conversion of all Reporting Persons' derivative 
       securities)
- -------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON*

       CO
- -------------------------------------------------------------------------------




   9

- -----------------------                                   ---------------------
CUSIP No.  564682 10 2                   13G               Page 9 of 28
- -----------------------                                   ---------------------

- -------------------------------------------------------------------------------
 1   NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

       EGIL Investments, Inc.
       36-4175555
- -------------------------------------------------------------------------------
 2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                      (a) [X] 
                                                                      (b) [ ] 
- -------------------------------------------------------------------------------
 3   SEC USE ONLY

- -------------------------------------------------------------------------------
 4   CITIZENSHIP OR PLACE OF ORGANIZATION
     
       Illinois
- -------------------------------------------------------------------------------
                   5       SOLE VOTING POWER

                             
                ---------------------------------------------------------------
                   6       SHARED VOTING POWER
                                    
                             579,873
  NUMBER OF     
   SHARES                     
 BENEFICIALLY           
   OWNED BY     ---------------------------------------------------------------
EACH REPORTING     7       SOLE DISPOSITIVE POWER                              
 PERSON WITH    
                             

                ---------------------------------------------------------------
                   8       SHARED DISPOSITIVE POWER

                             579,873
                ---------------------------------------------------------------
 9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

       579,873

- -------------------------------------------------------------------------------
10   CHECK BOX IF AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

       [ ]
- -------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

       2.3% (2.1% assuming conversion of all Reporting Persons' derivative 
       securities)
- -------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON*

       CO
- -------------------------------------------------------------------------------





   10

- -----------------------                                   ---------------------
CUSIP No.  564682 10 2                   13G               Page 10 of 28

- -----------------------                                   ---------------------

- -------------------------------------------------------------------------------
 1   NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

       Ann Lurie
       ###-##-####
- -------------------------------------------------------------------------------
 2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                      (a) [X] 
                                                                      (b) [ ] 
- -------------------------------------------------------------------------------
 3   SEC USE ONLY

- -------------------------------------------------------------------------------
 4   CITIZENSHIP OR PLACE OF ORGANIZATION
     
       USA
- -------------------------------------------------------------------------------
                   5       SOLE VOTING POWER

                             
                ---------------------------------------------------------------
                   6       SHARED VOTING POWER
                                    
                             1,745,388
  NUMBER OF     
   SHARES                     
 BENEFICIALLY           
   OWNED BY     ---------------------------------------------------------------
EACH REPORTING     7       SOLE DISPOSITIVE POWER                              
 PERSON WITH    
                             

                ---------------------------------------------------------------
                   8       SHARED DISPOSITIVE POWER

                             1,745,388
                ---------------------------------------------------------------
 9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

       1,745,388

- -------------------------------------------------------------------------------
10   CHECK BOX IF AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

       [ ]
- -------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

       6.6% (6.4% assuming conversion of all Reporting Persons' derivative 
       securities)
- -------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON*

       IN
- -------------------------------------------------------------------------------




   11

- -----------------------                                   ---------------------
CUSIP No.  564682 10 2                   13G               Page 11 of 28
- -----------------------                                   ---------------------

- -------------------------------------------------------------------------------
 1   NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

       Ann Lurie Revocable Trust u/t/a 12/22/89
       ###-##-####
- -------------------------------------------------------------------------------
 2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                      (a) [X] 
                                                                      (b) [ ] 
- -------------------------------------------------------------------------------
 3   SEC USE ONLY

- -------------------------------------------------------------------------------
 4   CITIZENSHIP OR PLACE OF ORGANIZATION
     
       Illinois
- -------------------------------------------------------------------------------
                   5       SOLE VOTING POWER

                             
                ---------------------------------------------------------------
                   6       SHARED VOTING POWER
  NUMBER OF                                  
   SHARES                    346,512
 BENEFICIALLY           
   OWNED BY     ---------------------------------------------------------------
EACH REPORTING     7       SOLE DISPOSITIVE POWER                              
 PERSON WITH    
   
   
                ---------------------------------------------------------------
                   8       SHARED DISPOSITIVE POWER

                             346,512
                ---------------------------------------------------------------
 9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

       346,512

- -------------------------------------------------------------------------------
10   CHECK BOX IF AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

       [ ]
- -------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

       1.4% (1.3% assuming conversion of all Reporting Persons' derivative 
       securities)
- -------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON*

       OO
- -------------------------------------------------------------------------------





   12

- -----------------------                                   ---------------------
CUSIP No.  564682 10 2                   13G               Page 12 of 28
- -----------------------                                   ---------------------

- -------------------------------------------------------------------------------
 1   NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

       Anda Partnership
       88-0132846
- -------------------------------------------------------------------------------
 2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                      (a) [X] 
                                                                      (b) [ ] 
- -------------------------------------------------------------------------------
 3   SEC USE ONLY

- -------------------------------------------------------------------------------
 4   CITIZENSHIP OR PLACE OF ORGANIZATION
     
       Nevada
- -------------------------------------------------------------------------------
                   5       SOLE VOTING POWER

                             
                ---------------------------------------------------------------
                   6       SHARED VOTING POWER
                                    
                             233,694
  NUMBER OF     
   SHARES                     
 BENEFICIALLY           
   OWNED BY     ---------------------------------------------------------------
EACH REPORTING     7       SOLE DISPOSITIVE POWER                              
 PERSON WITH    
                             

                ---------------------------------------------------------------
                   8       SHARED DISPOSITIVE POWER

                             233,694
                ---------------------------------------------------------------
 9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

       233,694

- -------------------------------------------------------------------------------
10   CHECK BOX IF AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

       [ ]
- -------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

       .9% (.9% assuming conversion of all Reporting Persons' derivative 
       securities)
- -------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON*

       PN
- -------------------------------------------------------------------------------





   13

- -----------------------                                   ---------------------
CUSIP No.  564682 10 2                   13G               Page 13 of 28
- -----------------------                                   ---------------------

- -------------------------------------------------------------------------------
 1   NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

       LFT Partnership
       36-6527526
- -------------------------------------------------------------------------------
 2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                      (a) [X] 
                                                                      (b) [ ] 
- -------------------------------------------------------------------------------
 3   SEC USE ONLY

- -------------------------------------------------------------------------------
 4   CITIZENSHIP OR PLACE OF ORGANIZATION
     
       Illinois
- -------------------------------------------------------------------------------
                   5       SOLE VOTING POWER

                             
                ---------------------------------------------------------------
                   6       SHARED VOTING POWER
                                    
                             5,436
  NUMBER OF     
   SHARES                     
 BENEFICIALLY           
   OWNED BY     ---------------------------------------------------------------
EACH REPORTING     7       SOLE DISPOSITIVE POWER                              
 PERSON WITH    
                             

                ---------------------------------------------------------------
                   8       SHARED DISPOSITIVE POWER

                             5,436
                ---------------------------------------------------------------
 9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

       5,436

- -------------------------------------------------------------------------------
10   CHECK BOX IF AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

       [ ]
- -------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

       .02% (.02% assuming conversion of all Reporting Persons' derivative 
       securities)
- -------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON*

       PN
- -------------------------------------------------------------------------------




   14

- -----------------------                                   ---------------------
CUSIP No.  564682 10 2                   13G               Page 14 of 28
- -----------------------                                   ---------------------

- -------------------------------------------------------------------------------
 1   NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

       Sheli Z. Rosenberg
       ###-##-####
- -------------------------------------------------------------------------------
 2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                      (a) [X] 
                                                                      (b) [ ] 
- -------------------------------------------------------------------------------
 3   SEC USE ONLY

- -------------------------------------------------------------------------------
 4   CITIZENSHIP OR PLACE OF ORGANIZATION
     
       USA
- -------------------------------------------------------------------------------
                   5       SOLE VOTING POWER

                             86,217
                ---------------------------------------------------------------
                   6       SHARED VOTING POWER
                                    
                             1,948,689
  NUMBER OF     
   SHARES                     
 BENEFICIALLY           
   OWNED BY     ---------------------------------------------------------------
EACH REPORTING     7       SOLE DISPOSITIVE POWER                              
 PERSON WITH    
                             86,217

                ---------------------------------------------------------------
                   8       SHARED DISPOSITIVE POWER

                             1,948,689
                ---------------------------------------------------------------
 9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

       2,034,906

- -------------------------------------------------------------------------------
10   CHECK BOX IF AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

       [ ]
- -------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

       7.6% (7.5% assuming conversion of all Reporting Persons' derivative 
       securities)
- -------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON*

       IN
- -------------------------------------------------------------------------------





   15

- -----------------------                                   ---------------------
CUSIP No.  564682 10 2                   13G               Page 15 of 28
- -----------------------                                   ---------------------

- -------------------------------------------------------------------------------
 1   NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

       Mark Slezak
       ###-##-####
- -------------------------------------------------------------------------------
 2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                      (a) [X] 
                                                                      (b) [ ] 
- -------------------------------------------------------------------------------
 3   SEC USE ONLY

- -------------------------------------------------------------------------------
 4   CITIZENSHIP OR PLACE OF ORGANIZATION
     
       USA
- -------------------------------------------------------------------------------
                   5       SOLE VOTING POWER

                             
                ---------------------------------------------------------------
                   6       SHARED VOTING POWER
                                    
                             1,393,440
  NUMBER OF     
   SHARES                     
 BENEFICIALLY           
   OWNED BY     ---------------------------------------------------------------
EACH REPORTING     7       SOLE DISPOSITIVE POWER                              
 PERSON WITH    
                             

                ---------------------------------------------------------------
                   8       SHARED DISPOSITIVE POWER

                             1,393,440
                ---------------------------------------------------------------
 9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

       1,393,440

- -------------------------------------------------------------------------------
10   CHECK BOX IF AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

       [ ]
- -------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

       5.3% (5.1% assuming conversion of all Reporting Persons' derivative 
       securities)
- -------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON*

       IN
- -------------------------------------------------------------------------------






   16

- -----------------------                                   ---------------------
CUSIP No.  564682 10 2                   13G               Page 16 of 28
- -----------------------                                   ---------------------

- -------------------------------------------------------------------------------
 1   NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

       Arthur A. Greenberg
       ###-##-####
- -------------------------------------------------------------------------------
 2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                      (a) [X] 
                                                                      (b) [ ] 
- -------------------------------------------------------------------------------
 3   SEC USE ONLY

- -------------------------------------------------------------------------------
 4   CITIZENSHIP OR PLACE OF ORGANIZATION
     
       USA
- -------------------------------------------------------------------------------
                   5       SOLE VOTING POWER

                             57,980
                ---------------------------------------------------------------
                   6       SHARED VOTING POWER
                                    
                             1,761,411
  NUMBER OF     
   SHARES                     
 BENEFICIALLY           
   OWNED BY     ---------------------------------------------------------------
EACH REPORTING     7       SOLE DISPOSITIVE POWER                              
 PERSON WITH    
                             57,980

                ---------------------------------------------------------------
                   8       SHARED DISPOSITIVE POWER

                             1,761,411
                ---------------------------------------------------------------
 9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

       1,819,391

- -------------------------------------------------------------------------------
10   CHECK BOX IF AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

       [ ]
- -------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

       6.8% (6.7% assuming conversion of all Reporting Persons' derivative 
       securities)
- -------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON*

       PN
- -------------------------------------------------------------------------------




   17


                     MANUFACTURED HOME COMMUNITIES, INC.
                         COMMON STOCK, PAR VALUE $.01
                          CUSIP NUMBER 564682  10  2


         
ITEM 1(A).  NAME OF ISSUER

            The Issuer is Manufactured Home Communities, Inc., a Maryland 
            corporation.

ITEM 1(B).  ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES

            The Issuer's principal executive office is:
            Two North Riverside Plaza
            Suite 800
            Chicago, Illinois  60606

ITEM 2(A).  NAME OF PERSON FILING

            The following persons and entities are filing this Schedule 13G:

            Samuel Zell
            Samuel Zell Revocable Trust u/t/a  1/17/90
            Samstock/SZRT, L.L.C., a Delaware limited liability company
            Samstock/ZGPI, L.L.C., a Delaware limited liability company
            Samstock, L.L.C., a Delaware limited liability company
            Samstock/ZFT, L.L.C., a Delaware limited liability company
            EGI Holdings, Inc., an Illinois corporation
            EGIL Investments, Inc., an Illinois corporation
            Ann Lurie
            Ann Lurie Revocable Trust u/t/a  12/22/89
            Anda Partnership, a Nevada general partnership
            LFT Partnership, an Illinois general partnership
            Sheli Z. Rosenberg
            Mark Slezak
            Arthur A. Greenberg

            The above persons and entities are each a "Reporting Person" and 
            collectively are the "Reporting Persons."

ITEM 2(B).  ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE

            The address for each Reporting Person is:
            Two North Riverside Plaza
            Chicago, Illinois  60606
Page 17 of 28 18 ITEM 2(C). CITIZENSHIP The Reporting Persons' state of organization or citizenship is as follows: Samuel Zell USA Samuel Zell Revocable Trust u/t/a 1/17/90 Illinois Samstock/SZRT, L.L.C. Delaware Samstock/ZGPI, L.L.C. Delaware Samstock, L.L.C. Delaware Samstock/ZFT, L.L.C. Delaware EGI Holdings, Inc. Illinois EGIL Investments, Inc. Illinois Ann Lurie USA Ann Lurie Revocable Trust u/t/a 12/22/89 Illinois Anda Partnership Nevada LFT Partnership Illinois Sheli Z. Rosenberg USA Mark Slezak USA Arthur A. Greenberg USA ITEM 2(D). TITLE OF CLASS OF SECURITIES Securities reported herein are common stock, par value $.01 ("Common Stock") ITEM 2(E). CUSIP NUMBER CUSIP Number is 564682 10 2 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. OWNERSHIP The Issuer is the sole general partner of MHC Operating Limited Partnership, an Illinois limited partnership (the "Operating Partnership"). Certain of the Reporting Persons: Samstock/SZRT, L.L.C.; Samstock, L.L.C.; Samstock/ZFT, L.L.C.; EGI Holdings, Inc.; EGIL Investments, Inc.; Anda Partnership; LFT Partnership; Sheli Z. Rosenberg; and Arthur A. Greenberg are limited partners of the Operating Partnership. Each limited partner of the Operating Partnership unit ("OP Units") is exchangeable, at the holder's option, on a one-for-one basis into a share
Page 18 of 28 19 of Common Stock. Amounts reported herein for each Reporting Person assume (i) the exchange of such Reporting Person's OP Units for shares of Common Stock and the exercise of options to purchase Common Stock, if applicable; and (ii) the exchange of all Reporting Persons' OP Units for shares of Common Stock and the exercise of all Reporting Persons' options to purchase Common Stock beneficially owned by the Reporting Persons. Collectively, the Reporting Persons own 3,087,781 shares of Common Stock, or 11.4%, of the issued and outstanding shares of Common Stock (assuming the conversion of all OP Units and the exercise of all options to purchase shares of Common Stock beneficially owned by the Reporting Persons). Samuel Zell has the sole power to vote and to direct the vote and the sole power to dispose and to direct the disposition of 91,070 shares of Common Stock (assuming the exercise of options to purchase 89,999 shares of Common Stock). Sheli Z. Rosenberg has the sole power to vote or to direct the vote and the sole power to dispose and to direct the disposition of 86,217 shares of Common Stock (assuming the exchange of 11,530 OP Units and the exercise of options to purchase 60,667 shares of Common Stock). Arthur A. Greenberg has the sole power to vote or to direct the vote and the sole power to dispose or to direct the disposition of 57,980 shares of Common Stock (assuming the exchange of 8,314 OP Units and the exercise of options to purchase 49,666 shares of Common Stock). Messrs. Zell, Greenberg and Slezak; Mses. Lurie and Rosenberg and the Samuel Zell Revocable Trust u/t/a 1/17/90 share the power to vote or to direct the vote and share the power to dispose or to direct the disposition of the shares of Common Stock with each of the Reporting Persons as shown in the following table: Page 19 of 28 20
SHARED POWER WITH SUCH REPORTING PERSON -------------------------------------------------------------------------------------- Total Beneficially Owned Sheli Z. Arthur A. Reporting Person ("RP") by such RP Samuel Zell Ann Lurie Rosenberg Mark Slezak Greenberg - ----------------------- ------------ -------------- -------------- --------------- --------------- -------------------- Samuel Zell Revocable Trust 4,406 4,406 0 0 0 0 Samstock/SZRT, L.L.C. 307,774(1) 307,774 0 0 0 0 Samstock/ZGPI, L.L.C. 6,003 6,003 0 0 0 0 Samstock, L.L.C. 601,665(2) 601,665 0 601,665 0 601,665 Samstock/ZFT, L.L.C. 187,278(2) 0 0 187,278 0 0 EGI Holdings, Inc. 579,873(2) 0 579,873 579,873 579,873 579,873 EGIL Investments, Inc. 579,873(2) 0 579,873 579,873 579,873 579,873 Ann Lurie Revocable Trust 346,512 0 346,512 0 0 0 Anda Partnership 233,694(2) 0 233,694 0 233,694 0 LFT Partnership 5,436(2) 0 5,436 0 0 0 ------------ -------------- -------------- --------------- --------------- -------------------- TOTAL - SHARED VOTES: 2,852,514 919,848 1,745,388 1,948,689 1,393,440 1,761,411 ------------ -------------- -------------- --------------- --------------- --------------------
SHARED POWER WITH SUCH REPORTING PERSON ------------------------------------------- Samuel Zell Reporting Person ("RP") Revocable Trust - ----------------------- --------------- Samuel Zell Revocable Trust 4,406 Samstock/SZRT, L.L.C. 307,774 Samstock/ZGPI, L.L.C. 6,003 Samstock, L.L.C. 601,665 Samstock/ZFT, L.L.C. 0 EGI Holdings, Inc. 0 EGIL Investments, Inc. 0 Ann Lurie Revocable Trust 0 Anda Partnership 0 LFT Partnership 0 --------------- TOTAL - SHARED VOTES: 919,848 ---------------
SOLE POWER WITH RESPECT TO COMMON STOCK ---------------------------------------------------------------------------------------------------- Sheli Z. Arthur A. Samuel Zell Ann Lurie Rosenberg Mark Slezak Greenberg -------------- -------------- --------------- --------------- -------------------- Samuel Zell 91,070 91,070 0 0 0 0 Ann Lurie 0 0 0 0 0 0 Sheli Z. Rosenberg 86,217 0 0 86,217 0 0 Mark Slezak 0 0 0 0 0 0 Arthur A. Greenberg 57,980 0 0 0 0 57,980 ------------ -------------- -------------- --------------- --------------- -------------------- TOTAL - SOLE VOTES: 235,267 91,070 0 86,217 0 57,980 ------------ -------------- -------------- --------------- --------------- -------------------- TOTAL - SHARED AND 3,087,781 1,018,918 1,745,388 2,034,906 1,393,440 1,813,724 ============ ============== ============== =============== =============== ==================== SOLE VOTES: 11.4% 3.7% 6.4% 7.5% 5.1% 6.7%
SOLE POWER WITH RESPECT TO COMMON STOCK --------------------------------------------- Samuel Zell Revocable Trust --------------- Samuel Zell 0 Ann Lurie 0 Sheli Z. Rosenberg 0 Mark Slezak 0 Arthur A. Greenberg 0 --------------- TOTAL - SOLE VOTES: 0 --------------- TOTAL - SHARED AND 919,848 =============== SOLE VOTES: 3.4%
(1) Includes 13,641 OP Units which are exchangeable at the holder's option on a one-for-one basis into shares of Common Stock. (2) Represents OP Units. Page 20 of 28 21 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.
Page 21 of 28 22 SIGNATURE 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 17, 1998 SAMUEL ZELL REVOCABLE TRUST, U/T/A 1/17/90 By: /s/ Samuel Zell --------------------------- Trustee SAMSTOCK, L.L.C., A DELAWARE LIMITED LIABILITY COMPANY By: /s/ Sheli Z. Rosenberg --------------------------- Its: Vice President SAMSTOCK/SZRT, L.L.C., A DELAWARE LIMITED LIABILITY By: /s/ Sheli Z. Rosenberg --------------------------- Its: Vice President SAMSTOCK/ZGPI, L.L.C., A DELAWARE LIMITED LIABILITY By: /s/ Sheli Z. Rosenberg --------------------------- Its: Vice President Page 22 of 28 23 SAMSTOCK/ZFT, L.L.C., A DELAWARE LIMITED LIABILITY By: /s/ Sheli Z. Rosenberg ------------------------------------------- Its: Vice President EGI HOLDINGS, INC., AN ILLINOIS CORPORATION By: /s/ Sheli Z. Rosenberg ------------------------------------------- Its: Vice President ANN LURIE REVOCABLE TRUST, U/T/A 12/22/89 By: /s/ Ann Lurie ------------------------------------------- Its: Trustee EGIL INVESTMENTS, INC., AN ILLINOIS CORPORATION By: /s/ Mark Slezak ------------------------------------------- Its: Vice President ANDA PARTNERSHIP, A NEVADA GENERAL PARTNERSHIP By: Ann Only Trust, a general partner By: /s/ Ann Lurie ------------------------------------------- Its: Co-Trustee Page 23 of 28 24 LFT PARTNERSHIP, AN ILLINOIS GENERAL PARTNERSHIP By: Jesse Trust, a general partner By: /s/ Ann Lurie ------------------------------------------- Its: Trustee /s/ Samuel Zell ----------------------------------------------- Samuel Zell /s/ Ann Lurie ----------------------------------------------- Ann Lurie /s/ Sheli Z. Rosenberg ----------------------------------------------- Sheli Z. Rosenberg /s/ Arthur A. Greenberg ----------------------------------------------- Arthur A. Greenberg /s/ Mark Slezak ----------------------------------------------- Mark Slezak Page 24 of 28 25 JOINT FILING AGREEMENT AGREEMENT dated as February 17, 1998 among Samuel Zell Revocable Trust u/t/a 1/17/90; Samstock, L.L.C., a Delaware limited liability company; Samstock/SZRT, L.L.C., a Delaware limited liability company; Samstock/ZGPI, L.L.C., a Delaware limited liability company; Samstock/ZFT, L.L.C., a Delaware limited liability company; EGI Holdings, Inc., an Illinois corporation; Ann Lurie Revocable Trust u/t/a 12/22/89; EGIL Investments, Inc., an Illinois corporation; Anda Partnership, a Nevada general partnership; LFT Partnership, an Illinois general partnership; Samuel Zell; Ann Lurie; Sheli Z. Rosenberg; Arthur A. Greenberg; and Mark Slezak (collectively the "Reporting Persons"). WHEREAS, the Reporting Persons beneficially own or have the right to acquire shares of common stock $0.1 par value, of Manufactured Home Communities, Inc., a Maryland corporation; WHEREAS, the parties hereto may be deemed to constitute a "group" for purposes of Section 13(d) (3) of the Securities Exchange Act of 1934, as amended (the "Act"); and WHEREAS, each of the parties hereto desire by this Agreement to provide for the joint filing of a Schedule 13G, and all amendments thereto, with the Securities and Exchange Commission. NOW, THEREFORE, the parties hereto agree as follows: 1. The parties hereto will join in the preparation and filing of a single statement containing the information required by Schedule 13G, and all amendments thereto, and the Schedule 13G and all such amendments will be filed on behalf of each party hereto; 2. Each party hereto will be responsible for the timely filing of the Schedule 13G, and all amendments thereto, and for the completeness and accuracy of the information concerning such party contained therein. No party hereto will be responsible for the completeness or accuracy of the information concerning any other party contained in the Schedule 13G or any amendment thereto, except to the extent such party knows or has reason to believe that such information is inaccurate. 3. Susan Obuchowski will be designated as the person authorized to receive notices and communications with respect to the Schedule 13G and all amendments thereto. Page 25 of 28 26 4. This Agreement may be executed in counterparts, all of which when taken together will constitute one and the same instrument. IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date first above written. SAMUEL ZELL REVOCABLE TRUST U/T/A 1/17/90 By: /s/ Samuel Zell ------------------------------------- Its: Trustee SAMSTOCK, L.L.C., A DELAWARE LIMITED LIABILITY COMPANY By: /s/ Sheli Z. Rosenberg ------------------------------------- Its: Vice President SAMSTOCK/SZRT, L.L.C., A DELAWARE LIMITED LIABILITY By: /s/ Sheli Z. Rosenberg ------------------------------------- Its: Vice President SAMSTOCK/ZGPI, L.L.C., A DELAWARE LIMITED LIABILITY By: /s/ Sheli Z. Rosenberg ------------------------------------- Its: Vice President Page 26 of 28 27 SAMSTOCK/ZFT, L.L.C., A DELAWARE LIMITED LIABILITY By: /s/ Sheli Z. Rosenberg ------------------------------------------ Its: Vice President EGI HOLDINGS, INC., AN ILLINOIS CORPORATION By: /s/ Sheli Z. Rosenberg ------------------------------------------ Its: Vice President ANN LURIE REVOCABLE TRUST, U/T/A 12/22/89 By: /s/ Ann Lurie ------------------------------------------ Its: Trustee EGIL INVESTMENTS, INC., AN ILLINOIS CORPORATION By: /s/ Mark Slezak ------------------------------------------ Its: Vice President ANDA PARTNERSHIP, A NEVADA GENERAL PARTNERSHIP By: Ann Only Trust, a general partner By: /s/ Ann Lurie ------------------------------------------ Its: Co-Trustee Page 27 of 28 28 LFT PARTNERSHIP, AN ILLINOIS GENERAL PARTNERSHIP By: Jesse Trust, a general partner By: /s/ Ann Lurie ------------------------------------------ Its: Trustee /s/ Samuel Zell ----------------------------------------------- Samuel Zell /s/ Ann Lurie ----------------------------------------------- Ann Lurie /s/ Sheli Z. Rosenberg ----------------------------------------------- Sheli Z. Rosenberg /s/ Arthur A. Greenberg ----------------------------------------------- Arthur A. Greenberg /s/ Mark Slezak ----------------------------------------------- Mark Slezak Page 28 of 28