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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT


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


                                 APRIL 18, 2005
                                (Date of Report)

                        EQUITY LIFESTYLE PROPERTIES, INC.
             (Exact name of registrant as specified in its Charter)


                                     1-11718
                              (Commission File No.)

           MARYLAND                                         36-3857664
(State or other jurisdiction of                          (I.R.S. Employer
 incorporation or organization)                         Identification No.)


TWO NORTH RIVERSIDE PLAZA, CHICAGO, ILLINOIS                   60606
 (Address of principal executive offices)                   (Zip Code)


                                 (312) 279-1400
              (Registrant's telephone number, including area code)


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the following provisions (See
General Instructions A.2 below):

[ ]  Written communications pursuant to Rule 425 under the Securities Act
     (17 CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
     (17 CFR 240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule (14d-2(b)) under the
     Exchange Act (17 CFR.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule (13e-4(c)) under the
     Exchange Act (17 CFR.13e-4(c))

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ITEM 2.02    RESULTS OF OPERATIONS AND FINANCIAL CONDITION

     On April 18, 2005, Equity LifeStyle Properties, Inc. issued a press release
announcing its results of operations for the quarter ended March 31, 2005. This
information is furnished as Exhibit 99.1 to this report on Form 8-K. The
information contained in this report on Form 8-K, including Exhibit 99.1 shall
not be deemed "filed" with the Securities and Exchange Commission nor
incorporated by reference in any registration statement filed by Equity
LifeStyle Properties, Inc. under the Securities Act of 1933, as amended.

ITEM 9.01    FINANCIAL STATEMENTS AND EXHIBITS

     (c) Exhibits

     The information contained in the attached exhibit is unaudited and should
be read in conjunction with the Registrant's annual and quarterly reports filed
with the Securities and Exchange Commission.

     Exhibit 99.1    Equity LifeStyle Properties, Inc. press release dated April
                     18, 2005 "ELS Reports Strong First Quarter Results."






SIGNATURE



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 thereunto duly authorized.








                                          EQUITY LIFESTYLE PROPERTIES, INC.




                                          BY:  /s/ Thomas P. Heneghan
                                               ------------------------------
                                               Thomas P. Heneghan
                                               Chief Executive Officer


                                          BY:  /s/ Michael B. Berman
                                               ------------------------------
                                               Michael Berman
                                               Vice President and
                                                 Chief Financial Officer




DATE:   April 19, 2005