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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 PoKBgu13pwbJ9S2+h+dXmEdgMgR5KZNZy7tDMsvR2Iwnn7Ah7LDdY5/tLnDovoxP
 /42KY3dVbkkLNz4BQkKuJw==

<SEC-DOCUMENT>0000950147-03-000837.txt : 20030724
<SEC-HEADER>0000950147-03-000837.hdr.sgml : 20030724
<ACCEPTANCE-DATETIME>20030718183305
ACCESSION NUMBER:		0000950147-03-000837
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030718
FILED AS OF DATE:		20030721

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MARTORI ENTERPRISES INC
		CENTRAL INDEX KEY:			0001208307
		STATE OF INCORPORATION:			AZ
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13855
		FILM NUMBER:		03793667

	BUSINESS ADDRESS:	
		STREET 1:		2111E HIGHLAND SUITE 210
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85016

	MAIL ADDRESS:	
		STREET 1:		2111 E HIGHLAND SUITE 210
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85016

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ILX RESORTS INC
		CENTRAL INDEX KEY:			0000819551
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE DEALERS (FOR THEIR OWN ACCOUNT) [6532]
		IRS NUMBER:				860564171
		STATE OF INCORPORATION:			AZ
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		2111 E HIGHLAND AVE
		STREET 2:		STE 210
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85016
		BUSINESS PHONE:		6029572777

	MAIL ADDRESS:	
		STREET 1:		2111 E HIGHLAND AVE
		STREET 2:		STE 210
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85016

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ILX INC/AZ/
		DATE OF NAME CHANGE:	19930726

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INTERNATIONAL LEISURE ENTERPRISES INC /AZ/
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>e-10200_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   04/22/03  TZ    -->
<ownershipDocument>
    <schemaVersion>X0101</schemaVersion>

    <documentType>4</documentType>
   <periodOfReport>2003-07-18</periodOfReport>
    <issuer>
        <issuerCik>0000819551</issuerCik>
        <issuerName>ILX RESORTS INC</issuerName>
        <issuerTradingSymbol>ILX</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
      <reportingOwnerId>
            <rptOwnerCik>0001208307</rptOwnerCik>
            <rptOwnerName>MARTORI ENTERPRISES INC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>0</isDirector>
         <isOfficer>0</isOfficer>
         <isTenPercentOwner>1</isTenPercentOwner>
         <isOther>0</isOther>
       </reportingOwnerRelationship>
   </reportingOwner>
   <nonDerivativeSecurity>
      <securityTitle>
         <value>Common (Charitable Contribution)</value>
      </securityTitle>
      <transactionDate>
         <value>2003-07-18</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>S</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>10000</value>
         </transactionShares>
         <transactionValue>
           <value>8.49</value>
         </transactionValue>
         <transactionAcquiredDisposedCode>
           <value>D</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
     <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>817310</value>
            <footnoteId id="F1"/>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </nonDerivativeSecurity>
   <footnotes>
<footnote id="F1"> 83,000 shares are owned by the Martori Enterprises Incorporated Defined Benefit Pension Plan</footnote>
   </footnotes>
   <ownerSignature>
      <signatureName>/s/ Joseph P. Martori</signatureName>
      <signatureDate>2003-07-18</signatureDate>
   </ownerSignature>
</ownershipDocument>

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