8-K

                  SECURITIES AND EXCHANGE COMMISSION

                        Washington, D.C. 20549



                               FORM 8-K

                            CURRENT REPORT



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



  Date of Report (Date of earliest event reported):   April 16, 2001




                     BANYAN STRATEGIC REALTY TRUST
        ------------------------------------------------------
        (Exact name of Registrant as specified in its charter)




  Massachusetts                 0-15465              36-3375345
(State of or other         (Commission File        (I.R.S. Employer
 jurisdiction of                Number)            Identification
 incorporation)                                        Number)




150 South Wacker Drive, Suite 2900, Chicago, IL         60606
(Address of principal executive offices)               (Zip Code)




Registrant's telephone number, including area code (312)553-9800


This document consists of 3 pages.

Exhibit index is located on page 2.


















                                 - 1 -





ITEM 5.    OTHER INFORMATION

     On April 16, 2001, the Trust issued a Press Release a copy of which
is attached hereto as Exhibit (99.9) and is incorporated herein by
reference.



ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.

     (a)   Financial Statements.  Not applicable.

     (b)   Pro Forma Financial Information.  Not applicable.

     (c)   Exhibits

           EXHIBIT NUMBER      DESCRIPTION

           Exhibit (99.9)      Press Release dated April 16, 2001



















































                                 - 2 -





                              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 hereunto duly authorized.




Date: April 18, 2001           BANYAN STRATEGIC REALTY TRUST
                               (Registrant)




                               By:     /s/ Joel L. Teglia
                                       ---------------------
                                       Joel L. Teglia
                                       Executive Vice President,
                                       Chief Financial and
                                       Accounting Officer
















































                                 - 3 -

EX-99.9

EXHIBIT 99.9
- ------------

AT THE TRUST
Robert G. Higgins                      Investor Relations
Vice President, General Counsel        L.G. Schafran - Chairman and
                                       Interim CEO/President
312-683-5539                           312 683-5525
bhiggins@banyanreit.com                ir@banyanreit.com


FOR IMMEDIATE RELEASE -
MONDAY, APRIL 16, 2001



       APPEAL PERIOD EXPIRES IN BANYAN SHAREHOLDER DERIVATIVE CASE;
                         LITIGATION NOW CONCLUDED


CHICAGO -- APRIL 16, 2001.   Banyan Strategic Realty Trust (Nasdaq:  BSRTS)
today announced that the 30-day period, within which a notice of appeal is
required to be filed in the previously decided shareholder derivative action
brought by Leonard G. Levine, has elapsed with no notice being docketed.
Accordingly, the lower court's decision in favor of Banyan stands
unchallenged.

     The issue facing the lower court was whether Banyan's trustees had
authority, under Banyan's declaration of trust, to sell substantially all of
the Trust's real estate assets without obtaining shareholder approval.  In a
March 14, 2001 order, United States District Court, Judge Ronald Guzman found
in favor of Banyan.  The absence of an appeal concludes this litigation.

     Banyan Strategic Realty Trust is an equity Real Estate Investment Trust
(REIT) that owns primarily office and flex/industrial properties.  The
properties are located in certain major metropolitan areas of the Midwest and
Southeastern United States, including Atlanta, Georgia and Chicago, Illinois,
and smaller markets such as Huntsville, Alabama; Louisville, Kentucky;
Memphis, Tennessee; and Orlando, Florida.  Banyan's current portfolio consists
of properties totaling 3.5 million rentable square feet.  As of this date
Banyan has 14,291,940 shares of beneficial interest outstanding.



Except for the historical information contained herein, certain matters
discussed in this release are forward-looking statements, the achievement of
which involve risks and uncertainties such as the closing of the Denholtz
transaction and other risks and uncertainties that are detailed from time to
time in our reports filed with the Securities and Exchange Commission,
including the report on Form 10-K for the year ended December 31, 2000, filed
with the Securities and Exchange Commission on March 9, 2001.  Without
limitation the foregoing, words such as "anticipates", "expects", "intends",
"plans", and similar expressions are intended to identify forward-looking
statements.




            See Banyan's Website at http://www.banyanreit.com.

     For further information regarding Banyan free of charge via fax,
                   dial 1-800-PRO-INFO and enter BSRTS.


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