-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Wk8Ac0sDl5B6kwyHsebcTaLAIqYsZWr+Kam4dHamjP6T5W+ps92uaEJ43wAxKEWG
 EDbmv6IKD6yDuOS1HO0NSA==

<SEC-DOCUMENT>0001181431-04-015449.txt : 20040312
<SEC-HEADER>0001181431-04-015449.hdr.sgml : 20040312
<ACCEPTANCE-DATETIME>20040312181249
ACCESSION NUMBER:		0001181431-04-015449
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040311
FILED AS OF DATE:		20040312

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMLI RESIDENTIAL PROPERTIES TRUST
		CENTRAL INDEX KEY:			0000914724
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				363925916
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		125 S WACKER DR
		STREET 2:		STE 3100
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
		BUSINESS PHONE:		3124431477

	MAIL ADDRESS:	
		STREET 1:		125 S WACKER DR
		STREET 2:		STE 3100
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMLI RESIDENTIAL PROPERTIES INC
		DATE OF NAME CHANGE:	19931112

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SECURITY CAPITAL PREFERRED GROWTH INC
		CENTRAL INDEX KEY:			0001043806
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12784
		FILM NUMBER:		04667310

	BUSINESS ADDRESS:	
		STREET 1:		11 SOUTH LASALLE ST
		STREET 2:		2ND FLOOR
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60603
		BUSINESS PHONE:		3123455800

	MAIL ADDRESS:	
		STREET 1:		11 SOUTH LASALLE ST
		STREET 2:		2ND FLOOR
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60603
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd36611.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-03-11</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000914724</issuerCik>
        <issuerName>AMLI RESIDENTIAL PROPERTIES TRUST</issuerName>
        <issuerTradingSymbol>AML</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001043806</rptOwnerCik>
            <rptOwnerName>SECURITY CAPITAL PREFERRED GROWTH INC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>11 S. LASALLE STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>CHICAGO</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60603</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2004-03-11</value>
            </transactionDate>
            <deemedExecutionDate>
                <value>2004-03-16</value>
            </deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>250000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>28.68</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>250000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Series B Convertible Redeemable Preferred Shares</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>24.00</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2002-06-17</value>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3125000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3125000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">There is no expiration date.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Security Capital Preferred Growth Incorporated /s/ Caroline M. Steimle</signatureName>
        <signatureDate>2004-03-12</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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