================================================================================ SEC 1745 (02-02) Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. ================================================================================ ------------------------------ OMB APPROVAL ------------------------------ OMB Number 3235-0145 Expires: December 31, 2005 Estimated average burden hours per response .........11 ------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 5)* MANUFACTURED HOME COMMUNITIES, INC. -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $0.01 per share -------------------------------------------------------------------------------- (Title of Class of Securities) 564682 10 2 ----------------------- (CUSIP Number) December 31, 2002 -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [_] Rule 13d-1(b) [_] Rule 13d-1(c) [X] Rule 13d-1(d) * 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 the disclosures provided in a prior cover page. The information required in 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 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). CUSIP No. 564682 10 2 13G Page 2 of 22 Pages -------------------------------------------------------------------------------- 1. Name of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) Samuel Zell -------------------------------------------------------------------------------- 2. Check the Appropriate Box If a Member of a Group (See Instructions) (a) [X] (b) [_] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization United States -------------------------------------------------------------------------------- 5. Sole Voting Power NUMBER OF 584,852 SHARES _________________________________________________________________ BENEFICIALLY 6. Shared Voting Power OWNED BY 318,325 EACH _________________________________________________________________ REPORTING 7. Sole Dispositive Power PERSON 584,852 WITH: _________________________________________________________________ 8. Shared Dispositive Power 318,325 -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 903,177 -------------------------------------------------------------------------------- 10. Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [_] -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 4.1% (1) -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) IN -------------------------------------------------------------------------------- (1) Calculated based on 22,032,708 shares of Common Stock outstanding as of October 31, 2002, as set forth in the Issuer's Quarterly Report on Form 10-Q for the period ended November 4, 2002, and assuming the exchange of such Reporting Person's OP Units (as defined herein) for shares of Common Stock and the exercise of options to purchase Common Stock, if applicable. CUSIP No. 564682 10 2 13G Page 3 of 22 Pages -------------------------------------------------------------------------------- 1. Name of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) Samuel Zell Revocable Trust u/t/a 1-17-1990 -------------------------------------------------------------------------------- 2. Check the Appropriate Box If a Member of a Group (See Instructions) (a) [X] (b) [_] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Illinois -------------------------------------------------------------------------------- 5. Sole Voting Power NUMBER OF 0 SHARES _________________________________________________________________ BENEFICIALLY 6. Shared Voting Power OWNED BY 318,325 EACH _________________________________________________________________ REPORTING 7. Sole Dispositive Power PERSON 0 WITH: _________________________________________________________________ 8. Shared Dispositive Power 318,325 -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 318,325 -------------------------------------------------------------------------------- 10. Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [_] -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 1.4% (1) -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) OO -------------------------------------------------------------------------------- (1) Calculated based on 22,032,708 shares of Common Stock outstanding as of October 31, 2002, as set forth in the Issuer's Quarterly Report on Form 10-Q for the period ended November 4, 2002, and assuming the exchange of such Reporting Person's OP Units (as defined herein) for shares of Common Stock and the exercise of options to purchase Common Stock, if applicable. CUSIP No. 564682 10 2 13G Page 4 of 22 Pages -------------------------------------------------------------------------------- 1. Name of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) Samstock/SZRT, L.L.C. -------------------------------------------------------------------------------- 2. Check the Appropriate Box If a Member of a Group (See Instructions) (a) [X] (b) [_] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Delaware -------------------------------------------------------------------------------- 5. Sole Voting Power NUMBER OF 0 SHARES _________________________________________________________________ BENEFICIALLY 6. Shared Voting Power OWNED BY 307,774 EACH _________________________________________________________________ REPORTING 7. Sole Dispositive Power PERSON 0 WITH: _________________________________________________________________ 8. Shared Dispositive Power 307,774 -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 307,774 -------------------------------------------------------------------------------- 10. Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [_] -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 1.4% (1) -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) OO -------------------------------------------------------------------------------- (1) Calculated based on 22,032,708 shares of Common Stock outstanding as of October 31, 2002, as set forth in the Issuer's Quarterly Report on Form 10-Q for the period ended November 4, 2002, and assuming the exchange of such Reporting Person's OP Units (as defined herein) for shares of Common Stock and the exercise of options to purchase Common Stock, if applicable. CUSIP No. 564682 10 2 13G Page 5 of 22 Pages -------------------------------------------------------------------------------- 1. Name of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) Samstock/ZGPI, L.L.C. -------------------------------------------------------------------------------- 2. Check the Appropriate Box If a Member of a Group (See Instructions) (a) [X] (b) [_] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Delaware -------------------------------------------------------------------------------- 5. Sole Voting Power NUMBER OF 0 SHARES _________________________________________________________________ BENEFICIALLY 6. Shared Voting Power OWNED BY 6,003 EACH _________________________________________________________________ REPORTING 7. Sole Dispositive Power PERSON 0 WITH: _________________________________________________________________ 8. Shared Dispositive Power 6,003 -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 6,003 -------------------------------------------------------------------------------- 10. Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [_] -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) Less than 0.1% (1) -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) OO -------------------------------------------------------------------------------- (1) Calculated based on 22,032,708 shares of Common Stock outstanding as of October 31, 2002, as set forth in the Issuer's Quarterly Report on Form 10-Q for the period ended November 4, 2002, and assuming the exchange of such Reporting Person's OP Units (as defined herein) for shares of Common Stock and the exercise of options to purchase Common Stock, if applicable. CUSIP No. 564682 10 2 13G Page 6 of 22 Pages -------------------------------------------------------------------------------- 1. Name of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) Samstock, L.L.C. -------------------------------------------------------------------------------- 2. Check the Appropriate Box If a Member of a Group (See Instructions) (a) [X] (b) [_] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Delaware -------------------------------------------------------------------------------- 5. Sole Voting Power NUMBER OF 0 SHARES _________________________________________________________________ BENEFICIALLY 6. Shared Voting Power OWNED BY 947,665 EACH _________________________________________________________________ REPORTING 7. Sole Dispositive Power PERSON 0 WITH: _________________________________________________________________ 8. Shared Dispositive Power 947,665 -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 947,665 -------------------------------------------------------------------------------- 10. Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [_] -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 4.3% (1) -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) OO -------------------------------------------------------------------------------- (1) Calculated based on 22,032,708 shares of Common Stock outstanding as of October 31, 2002, as set forth in the Issuer's Quarterly Report on Form 10-Q for the period ended November 4, 2002, and assuming the exchange of such Reporting Person's OP Units (as defined herein) for shares of Common Stock and the exercise of options to purchase Common Stock, if applicable. CUSIP No. 564682 10 2 13G Page 7 of 22 Pages -------------------------------------------------------------------------------- 1. Name of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) Samstock/ZFT, L.L.C. -------------------------------------------------------------------------------- 2. Check the Appropriate Box If a Member of a Group (See Instructions) (a) [X] (b) [_] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Delaware -------------------------------------------------------------------------------- 5. Sole Voting Power NUMBER OF 0 SHARES _________________________________________________________________ BENEFICIALLY 6. Shared Voting Power OWNED BY 196,165 EACH _________________________________________________________________ REPORTING 7. Sole Dispositive Power PERSON 0 WITH: _________________________________________________________________ 8. Shared Dispositive Power 196,165 -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 196,165 -------------------------------------------------------------------------------- 10. Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [_] -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 0.9% (1) -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) OO -------------------------------------------------------------------------------- (1) Calculated based on 22,032,708 shares of Common Stock outstanding as of October 31, 2002, as set forth in the Issuer's Quarterly Report on Form 10-Q for the period ended November 4, 2002, and assuming the exchange of such Reporting Person's OP Units (as defined herein) for shares of Common Stock and the exercise of options to purchase Common Stock, if applicable. CUSIP No. 564682 10 2 13G Page 8 of 22 Pages -------------------------------------------------------------------------------- 1. Name of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) EGI Holdings, Inc. -------------------------------------------------------------------------------- 2. Check the Appropriate Box If a Member of a Group (See Instructions) (a) [X] (b) [_] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Illinois -------------------------------------------------------------------------------- 5. Sole Voting Power NUMBER OF 0 SHARES _________________________________________________________________ BENEFICIALLY 6. Shared Voting Power OWNED BY 579,873 EACH _________________________________________________________________ REPORTING 7. Sole Dispositive Power PERSON 0 WITH: _________________________________________________________________ 8. Shared Dispositive Power 579,873 -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 579,873 -------------------------------------------------------------------------------- 10. Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [_] -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 2.6% (1) -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) CO -------------------------------------------------------------------------------- (1) Calculated based on 22,032,708 shares of Common Stock outstanding as of October 31, 2002, as set forth in the Issuer's Quarterly Report on Form 10-Q for the period ended November 4, 2002, and assuming the exchange of such Reporting Person's OP Units (as defined herein) for shares of Common Stock and the exercise of options to purchase Common Stock, if applicable. CUSIP No. 564682 10 2 13G Page 9 of 22 Pages -------------------------------------------------------------------------------- 1. Name of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) Donald S. Chisholm Trust -------------------------------------------------------------------------------- 2. Check the Appropriate Box If a Member of a Group (See Instructions) (a) [X] (b) [_] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Michigan -------------------------------------------------------------------------------- 5. Sole Voting Power NUMBER OF 7,000 SHARES _________________________________________________________________ BENEFICIALLY 6. Shared Voting Power OWNED BY 0 EACH _________________________________________________________________ REPORTING 7. Sole Dispositive Power PERSON 7,000 WITH: _________________________________________________________________ 8. Shared Dispositive Power 0 -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 7,000 -------------------------------------------------------------------------------- 10. Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [_] -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) Less than 0.1% (1) -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) OO -------------------------------------------------------------------------------- (1) Calculated based on 22,032,708 shares of Common Stock outstanding as of October 31, 2002, as set forth in the Issuer's Quarterly Report on Form 10-Q for the period ended November 4, 2002, and assuming the exchange of such Reporting Person's OP Units (as defined herein) for shares of Common Stock and the exercise of options to purchase Common Stock, if applicable. CUSIP No. 564682 10 2 13G Page 10 of 22 Pages -------------------------------------------------------------------------------- 1. Name of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) Samstock/Alpha, L.L.C. -------------------------------------------------------------------------------- 2. Check the Appropriate Box If a Member of a Group (See Instructions) (a) [X] (b) [_] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Delaware -------------------------------------------------------------------------------- 5. Sole Voting Power NUMBER OF 0 SHARES _________________________________________________________________ BENEFICIALLY 6. Shared Voting Power OWNED BY 8,887 EACH _________________________________________________________________ REPORTING 7. Sole Dispositive Power PERSON 0 WITH: _________________________________________________________________ 8. Shared Dispositive Power 8,887 -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 8,887 -------------------------------------------------------------------------------- 10. Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [_] -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) Less than 0.1% (1) -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) OO -------------------------------------------------------------------------------- (1) Calculated based on 22,032,708 shares of Common Stock outstanding as of October 31, 2002, as set forth in the Issuer's Quarterly Report on Form 10-Q for the period ended November 4, 2002, and assuming the exchange of such Reporting Person's OP Units (as defined herein) for shares of Common Stock and the exercise of options to purchase Common Stock, if applicable. CUSIP No. 564682 10 2 13G Page 11 of 22 Pages -------------------------------------------------------------------------------- 1. Name of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) EGIL Investments, Inc. -------------------------------------------------------------------------------- 2. Check the Appropriate Box If a Member of a Group (See Instructions) (a) [X] (b) [_] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Illinois -------------------------------------------------------------------------------- 5. Sole Voting Power NUMBER OF 0 SHARES _________________________________________________________________ BENEFICIALLY 6. Shared Voting Power OWNED BY 579,873 EACH _________________________________________________________________ REPORTING 7. Sole Dispositive Power PERSON 0 WITH: _________________________________________________________________ 8. Shared Dispositive Power 579,873 -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 579,873 -------------------------------------------------------------------------------- 10. Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [_] -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 2.6% (1) -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) CO -------------------------------------------------------------------------------- (1) Calculated based on 22,032,708 shares of Common Stock outstanding as of October 31, 2002, as set forth in the Issuer's Quarterly Report on Form 10-Q for the period ended November 4, 2002, and assuming the exchange of such Reporting Person's OP Units (as defined herein) for shares of Common Stock and the exercise of options to purchase Common Stock, if applicable. CUSIP No. 564682 10 2 13G Page 12 of 22 Pages -------------------------------------------------------------------------------- 1. Name of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) Ann Lurie -------------------------------------------------------------------------------- 2. Check the Appropriate Box If a Member of a Group (See Instructions) (a) [X] (b) [_] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization United States -------------------------------------------------------------------------------- 5. Sole Voting Power NUMBER OF 0 SHARES _________________________________________________________________ BENEFICIALLY 6. Shared Voting Power OWNED BY 1,398,876 EACH _________________________________________________________________ REPORTING 7. Sole Dispositive Power PERSON 0 WITH: _________________________________________________________________ 8. Shared Dispositive Power 1,398,876 -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,398,876 -------------------------------------------------------------------------------- 10. Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [_] -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 6.3% (1) -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) IN -------------------------------------------------------------------------------- (1) Calculated based on 22,032,708 shares of Common Stock outstanding as of October 31, 2002, as set forth in the Issuer's Quarterly Report on Form 10-Q for the period ended November 4, 2002, and assuming the exchange of such Reporting Person's OP Units (as defined herein) for shares of Common Stock and the exercise of options to purchase Common Stock, if applicable. CUSIP No. 564682 10 2 13G Page 13 of 22 Pages -------------------------------------------------------------------------------- 1. Name of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) Anda Partnership -------------------------------------------------------------------------------- 2. Check the Appropriate Box If a Member of a Group (See Instructions) (a) [X] (b) [_] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Nevada -------------------------------------------------------------------------------- 5. Sole Voting Power NUMBER OF 0 SHARES _________________________________________________________________ BENEFICIALLY 6. Shared Voting Power OWNED BY 233,694 EACH _________________________________________________________________ REPORTING 7. Sole Dispositive Power PERSON 0 WITH: _________________________________________________________________ 8. Shared Dispositive Power 233,694 -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 233,694 -------------------------------------------------------------------------------- 10. Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [_] -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 1.1% (1) -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) PN -------------------------------------------------------------------------------- (1) Calculated based on 22,032,708 shares of Common Stock outstanding as of October 31, 2002, as set forth in the Issuer's Quarterly Report on Form 10-Q for the period ended November 4, 2002, and assuming the exchange of such Reporting Person's OP Units (as defined herein) for shares of Common Stock and the exercise of options to purchase Common Stock, if applicable. CUSIP No. 564682 10 2 13G Page 14 of 22 Pages -------------------------------------------------------------------------------- 1. Name of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) LFT Partnership -------------------------------------------------------------------------------- 2. Check the Appropriate Box If a Member of a Group (See Instructions) (a) [X] (b) [_] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Illinois -------------------------------------------------------------------------------- 5. Sole Voting Power NUMBER OF 0 SHARES _________________________________________________________________ BENEFICIALLY 6. Shared Voting Power OWNED BY 5,436 EACH _________________________________________________________________ REPORTING 7. Sole Dispositive Power PERSON 0 WITH: _________________________________________________________________ 8. Shared Dispositive Power 5,436 -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 5,346 -------------------------------------------------------------------------------- 10. Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [_] -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) Less than 0.1% (1) -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) PN -------------------------------------------------------------------------------- (1) Calculated based on 22,032,708 shares of Common Stock outstanding as of October 31, 2002, as set forth in the Issuer's Quarterly Report on Form 10-Q for the period ended November 4, 2002, and assuming the exchange of such Reporting Person's OP Units (as defined herein) for shares of Common Stock and the exercise of options to purchase Common Stock, if applicable. CUSIP No. 564682 10 2 13G Page 15 of 22 Pages -------------------------------------------------------------------------------- 1. Name of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) Mark Slezak -------------------------------------------------------------------------------- 2. Check the Appropriate Box If a Member of a Group (See Instructions) (a) [X] (b) [_] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization United States -------------------------------------------------------------------------------- 5. Sole Voting Power NUMBER OF 0 SHARES _________________________________________________________________ BENEFICIALLY 6. Shared Voting Power OWNED BY 1,393,440 EACH _________________________________________________________________ REPORTING 7. Sole Dispositive Power PERSON 0 WITH: _________________________________________________________________ 8. Shared Dispositive Power 1,393,440 -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,393,440 -------------------------------------------------------------------------------- 10. Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [_] -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 6.3% (1) -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) IN -------------------------------------------------------------------------------- (1) Calculated based on 22,032,708 shares of Common Stock outstanding as of October 31, 2002, as set forth in the Issuer's Quarterly Report on Form 10-Q for the period ended November 4, 2002, and assuming the exchange of such Reporting Person's OP Units (as defined herein) for shares of Common Stock and the exercise of options to purchase Common Stock, if applicable. CUSIP No. 564682 10 2 13G Page 16 of 22 Pages -------------------------------------------------------------------------------- 1. Name of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) Chai Trust Company, L.L.C. -------------------------------------------------------------------------------- 2. Check the Appropriate Box If a Member of a Group (See Instructions) (a) [X] (b) [_] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Illinois -------------------------------------------------------------------------------- 5. Sole Voting Power NUMBER OF 0 SHARES _________________________________________________________________ BENEFICIALLY 6. Shared Voting Power OWNED BY 2,318,466 EACH _________________________________________________________________ REPORTING 7. Sole Dispositive Power PERSON 0 WITH: _________________________________________________________________ 8. Shared Dispositive Power 2,318,466 -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 2,318,466 -------------------------------------------------------------------------------- 10. Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [_] -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 10.5% (1) -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) OO -------------------------------------------------------------------------------- (1) Calculated based on 22,032,708 shares of Common Stock outstanding as of October 31, 2002, as set forth in the Issuer's Quarterly Report on Form 10-Q for the period ended November 4, 2002, and assuming the exchange of such Reporting Person's OP Units (as defined herein) for shares of Common Stock and the exercise of options to purchase Common Stock, if applicable. CUSIP No. 564682 10 2 13G Page 17 of 22 Pages -------------------------------------------------------------------------------- Item 1(a). Name of Issuer: Manufactured Home Communities, Inc., a Maryland corporation -------------------------------------------------------------------------------- Item 1(b). Address of Issuer's Principal Executive Offices: Two North Riverside Plaza, Suite 800, Chicago, Illinois 60606 -------------------------------------------------------------------------------- Item 2(a). Name of Person Filing: This Schedule 13G/A is being filed by the following persons and entities: 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 Samstock/Alpha, L.L.C., a Delaware limited liability company EGI Holdings, Inc., an Illinois corporation Donald S. Chisholm Revocable Trust EGIL Investments, Inc., an Illinois corporation Ann Lurie Anda Partnership, an Illinois general partnership LFT Partnership, an Illinois general partnership Mark Slezak Chai Trust Company, L.L.C., a Illinois limited liability company The above persons and entities are each a "Reporting Person" and are collectively referred to herein as the "Reporting Persons." ------------------------------------------------------------------------------- Item 2(b). Address of Principal Business Office, or if None, Residence: The address for each of the Reporting Persons (other than Donald S. Chisolm Trust) is Two North Riverside Plaza, Chicago, Illinois 60606 The address for Donald S. Chisholm Trust is 505 E. Huron Street Ann Arbor, Michigan 48104 -------------------------------------------------------------------------------- Item 2(c). Citizenship: The Reporting Persons' state or organization or citizenship is as follows: Samuel Zell United States 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 Samstock/Alpha, L.L.C. Delaware EGI Holdings, Inc. Illinois Donald S. Chisholm Revocable Trust Michigan EGIL Investments, Inc. Illinois Ann Lurie United States Anda Partnership Illinois LFT Partnership Illinois Mark Slezak United States Chai Trust Company, L.L.C. Illinois -------------------------------------------------------------------------------- Item 2(d). Title of Class of Securities: The securities reported herein are shares of common stock, par value $.01 per share of the Issuer ("Common Stock"). -------------------------------------------------------------------------------- Item 2(e). CUSIP Number: 564682 10 2 -------------------------------------------------------------------------------- CUSIP No. 564682 10 2 13G Page 18 of 22 Pages ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: (a) [_] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) [_] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [_] Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [_] Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [_] An investment adviser in accordance with ss.240.13d-1(b)(1)(ii)(E); (f) [_] An employee benefit plan or endowment fund in accordance with ss.240.13d-1(b)(1)(ii)(F); (g) [_] A parent holding company or control person in accordance with ss.240.13d-1(b)(1)(ii)(G); (h) [_] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [_] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [_] Group, in accordance with ss.240.13d-1(b)(1)(ii)(J). ITEM 4. OWNERSHIP. This 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; and LFT Partnership) are limited partners of the Operating Partnership. Each limited partner of the Operating Partnership holds operating partnership units ("OP Units") which are exchangeable, at the holder's option, on a one-for-one basis into a share 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. To the best knowledge of each of the Reporting Persons, Issuer had 22,032,708 shares of Common Stock outstanding as of October 31, 2002, as set forth in the Issuer's Quarterly Report on Form 10-Q for the period ended November 4, 2002. Collectively, the Reporting Persons own 3,467,773 shares of Common Stock, or 15.7%, 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 584,852 shares of Common Stock (assuming the exercise of options to purchase 584,852 shares of Common Stock). Messrs. Zell and Slezak; Mrs. Lurie, the Samuel Zell Revocable Trust u/t/a 1/17/90 and Chai Trust Company, L.L.C. 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: CUSIP No. 564682 10 2 13G Page 19 of 22 Pages Shared Power with Such Reporting Person ---------------------------------------------------------------------------------------------------------------------------------- Total Beneficially Samuel Zell Chai Trust Owned by Revocable Company, Reporting Person ("RP") such RP Samuel Zell Ann Lurie Mark Slezak Trust L.L.C. ---------------------------------------------------------------------------------------------------------------------------------- Samuel Zell Revocable Trust 10,551 10,551 10,551 ---------------------------------------------------------------------------------------------------------------------------------- Samstock/SZRT, L.L.C. 307,774(1) 307,774 307,774 ---------------------------------------------------------------------------------------------------------------------------------- Samstock/ZGPI, L.L.C. 6,003 6,003 ---------------------------------------------------------------------------------------------------------------------------------- Samstock, L.L.C. 947,665(2) 947,665 ---------------------------------------------------------------------------------------------------------------------------------- Samstock/ZFT, L.L.C. 196,165 196,165 ---------------------------------------------------------------------------------------------------------------------------------- Samstock/Alpha, L.L.C. 8,887 8,887 ---------------------------------------------------------------------------------------------------------------------------------- EGI Holdings, Inc. 579,873(3) 579,873 579,873 579,873 ---------------------------------------------------------------------------------------------------------------------------------- EGIL Investments, Inc. 579,873(3) 579,873 579,873 ---------------------------------------------------------------------------------------------------------------------------------- Anda Partnership 233,694(3) 233,694 233,694 579,873 ---------------------------------------------------------------------------------------------------------------------------------- LFT Partnership 5,436(3) 5,436 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Total Shared Votes 2,875,921 318,325 1,398,876 1,393,040 318,325 2,318,466 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- (1) Includes 13,641 OP Units (2) Includes 601,665 OP Units (3) Represents OP Units 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 584,852 shares of Common Stock (assuming the exercise of options to purchase 584,852 shares of Common Stock). The Donald S. Chisholm Trust has the sole power to vote and direct the vote and the sole power to dispose and to direct the disposition of 7,000 shares of Common Stock. Sole Power with Respect to Common Stock ----------------------------------------------------------------------------------------------------------------------------------- Total Beneficially Samuel Zell Chai Trust Owned by Revocable Company, Reporting Person ("RP") such RP Samuel Zell Ann Lurie Mark Slezak Trust L.L.C. ------------------------------------------------------------------------------------------------------------------------------------ Samuel Zell 584,852 584,852 0 0 0 0 ----------------------------------------------------------------------------------------------------------------------------------- Ann Lurie 0 0 0 0 0 0 ----------------------------------------------------------------------------------------------------------------------------------- Mark Slezak 0 0 0 0 0 0 ----------------------------------------------------------------------------------------------------------------------------------- Donald S. Chisolm Trust 7,000 0 0 0 0 0 ----------------------------------------------------------------------------------------------------------------------------------- Total Sole Power 591,852 584,852 0 0 0 0 ----------------------------------------------------------------------------------------------------------------------------------- Total Sole and Shared Power 3,467,773 903,177 1,398,876 1,393,040 318,325 2,318,466 ----------------------------------------------------------------------------------------------------------------------------------- Percent of Outstanding 15.7% 4.1% 6.3% 6.3% 1.4% 10.5% ----------------------------------------------------------------------------------------------------------------------------------- CUSIP No. 564682 10 2 13G Page 20 of 22 Pages ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]. INSTRUCTION. Dissolution of a group requires a response to this item. 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. CERTIFICATION Not applicable. CUSIP No. 564682 10 2 13G Page 21 of 22 Pages 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: March 17, 2002 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/ Donald J. Liebentritt -------------------------------------- Its: Vice President SAMSTOCK/SZRT, L.L.C., A DELAWARE LIMITED LIABILITY COMPANY By: /s/ Donald J. Liebentritt -------------------------------------- Its: Vice President SAMSTOCK/ZGPI, L.L.C., A DELAWARE LIMITED LIABILITY COMPANY By: /s/ Donald J. Liebentritt -------------------------------------- Its: Vice President SAMSTOCK/ZFT, L.L.C., A DELAWARE LIMITED LIABILITY COMPANY By: /s/ Donald J. Liebentritt -------------------------------------- Its: Vice President SAMSTOCK/ALPHA, L.L.C., A DELAWARE LIMITED LIABILITY COMPANY By: /s/ Donald J. Liebentritt -------------------------------------- Its: Vice President EGI HOLDINGS, INC., AN ILLINOIS CORPORATION By: /s/ Donald J. Liebentritt -------------------------------------- Its: Vice President DONALD S. CHISHOLM TRUST By: /s/ Samuel Zell -------------------------------------- Its: Co-Trustee EGIL INVESTMENTS, INC., AN ILLINOIS CORPORATION By: /s/ Mark Slezak -------------------------------------- Its: Vice President ANDA PARTNERSHIP, AN ILLINOIS GENERAL PARTNERSHIP By: Ann Only Trust, a general partner By: /s/ Ann Lurie -------------------------------------- Its: Co-Trustee AND By: Ann and Descendants Trust By: /s/ Ann Lurie -------------------------------------- Its: Co-Trustee CUSIP No. 564682 10 2 13G Page 22 of 22 Pages 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/ Mark Slezak ------------------------------------------ Mark Slezak CHAI TRUST COMPANY, L.L.C. By: /s/ Donald J. Liebentritt ------------------------------------------ Its: Vice President