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Best Property Management Companies in Chicago

2024

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Providers

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Website
415 N Aberdeen St, Chicago, IL 60642
  • Maintenance
  • Marketing
  • Leasing

Why choose this provider?

Lofty Real Estate Co. provides residential property management in the Chicago metro. It establishes competitive rental prices, markets properties to attract high-value applicants and fill vacancies, and screens all potential tenants for criminal, credit, employment, and rental backgrounds. They offer brokerage services with buying & selling real estate and also specializes in multi-unit acquisitions. The agency handles rent collection, prepares financial statements, deals with all legal issues, responds to all emails and calls, and takes care of maintenance, emergency repairs, and property upgrades to encourage lease renewals.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Realtor
5.0 / 5 (41)
Google
4.9 / 5 (36)
Facebook
5.0 / 5 (23)

(+1 additional source)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Price: Call for estimate

Chicago, IL

Why choose this provider?

Need help contacting a Property Management Company in Chicago? Call our Concierge team at 848-Book-Pro (848-266-5776 from 6 am - 4 pm PT | Mon - Fri). They are standing by to help you get the service you need.

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Price: Free booking service | Call 848.Book.Pro!

Website
3501 East 106th Street, Chicago, IL 60617
  • Collection
  • Leasing
  • Accounting Services

Why choose this provider?

Marblestone Property Group caters to clients in and around Chicago. It provides full-service property management services, specializing in the city's subsidized housing, including the Chicago Housing Authority. It offers assistance in filling vacancies, advertising rentals, processing applications, managing lease signings, and collecting rent. Its property managers are also responsible for scheduling maintenance work and repairs and evicting tenants. The team builds and executes tailored management plans and systems to protect clients' investments. Marblestone Property Group has been in the industry since 2013.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Google
4.9 / 5 (117)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
1345 N Ashland Ave, Chicago, IL 60622
  • Leasing
  • Tenant Screening

Why choose this provider?

Open Path Realty LLC has over ten years' experience providing residential and commercial property management in the Chicago metro area. It represents owners of single-family homes, single-unit condominiums, multiunit apartment buildings, and commercial real estate spaces. Services include collecting monthly rent, holding security deposits, sending monthly statements to clients, conducting routine maintenance, responding to tenant inquiries, coordinating repairs, and setting up recurring lawn care and snow removal. All management contracts are month-to-month.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.0
Yelp
4.0 / 5 (34)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
10 E Ontario St Fl 7, Chicago, IL 60611
  • Maintenance
  • Leasing

Why choose this provider?

NRS Rental Property Management, Leasing, and Investing is a full-service property management firm serving Chicago and its neighboring areas. It works with real estate investors and rental property owners to maximize their long-term residential property investing goals. Whether clients need unique investment strategy developments or specific market data analysis, the diverse team of experienced real estate investing experts and property managers at NRS Rental Property can customize a tailored suite of services including marketing, leasing and screening, maintenance, 24/7 after-hours call center, inspections, accounting and reporting, rent collection, value-add assessment, and more.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5
Google
4.6 / 5 (37)
Facebook
4.6 / 5 (27)
Yelp
4.0 / 5 (7)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.5
Responsiveness
Friendliness
Helpfulness
Detail

Website
2636 N Lincoln Ave, Chicago, IL 60614
  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening

Why choose this provider?

Located in Chicago, Illinois, Real Property Management Chicago Edge offers a full range of property management services to property owners in Chicagoland, Lincoln Park, Berwyn, Lakeview, and Evanston. In business for more than a decade, it helps residential property owners find and assess potential tenants to fill their properties. It also handles rent collection, and if necessary, evictions of tenants. The business' top goals are to help property owners maximize their income and minimize their costs.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
3.6
Google
4.1 / 5 (73)
Yelp
2.0 / 5 (34)
Facebook
5.0 / 5 (12)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.5
Responsiveness
Friendliness
Helpfulness
Detail

Website
150 N Michigan Ave Ste 2800, Chicago, IL 60601
  • Maintenance
  • Marketing
  • Accounting Services

Why choose this provider?

Founded in 1988, Eldorrado Chicago Real Estate LLC provides property management for homeowners and real estate investors throughout all 77 official Chicago community areas and over 200 distinct neighborhoods. It has experience managing single-family homes, townhouses, two- to four-unit multifamily complexes, and commercial and mixed-use properties. The company handles a wide range of services, including rent collection, tenant communications, vendor coordination, invoicing, monthly reports, lease preparation, day-to-day maintenance, and emergency repairs.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Yelp
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
405 N Wabash Ave Ste P3N, Chicago, IL 60611
  • Maintenance
  • Collection
  • Tenant Screening

Why choose this provider?

Streeterville Realty LLC provides property management services in Chicago for homeowners and investors. It offers a large selection of services, including filling vacant homes and units with well-qualified tenants, collecting security deposits and monthly rent payments, taking care of all monthly and annual financial reports, and communicating with renters and vendors. The property managers also conduct regular inspections, oversee move-ins and move-outs, and handle all repairs and general maintenance needs.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5
Yelp
4.5 / 5 (32)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
Chicago, IL 60657
  • Maintenance
  • Leasing
  • Property Inspection
  • Property Assessment

Why choose this provider?

Root Realty, a Chicagoland Apartment Association member, is a family owned and operated Chicago property management business serving clients since 1983. The firm’s president has managed and sold real estate for more than 40 years, and the VP is a Certified Apartment Manager. Proactive services include tenant communications and strong vendor relationships, allowing for competitive rates. Root Realty specializes in managing small to midsize, mixed use, and multi-family rental properties.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
3.8
Google
4.1 / 5 (36)
Yelp
4.0 / 5 (29)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
3341 S Lituanica Ave, Chicago, IL 60608
  • Property Inspection
  • Property Maintenance

Why choose this provider?

Chicago Style is a property management company that serves both landlords and tenants. It can inspect each client's property to estimate resale and rental values. For first-time and long-time tenants, the company processes rental payments online and connects them to 24/7 maintenance services. It also processes all documents for financial records and invoices. Chicago Style handles all tenant-landlord disputes and can mediate any financial or maintenance conflicts. If necessary, it processes evictions and fair housing complaints.

License Verified:

License: 481013466

Illinois Department of Financial and Professional Regulation

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.2
Google
4.1 / 5 (28)
Facebook
5.0 / 5 (7)
Yelp
3.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
10805 S Halsted St, Chicago, IL 60628
  • Tenant Screening
  • Property Maintenance

Why choose this provider?

Medallion Property Management LLC caters to clients in the Chicago metro and the surrounding communities. It manages various types of properties, including commercial spaces, multi-family buildings, and single-family homes. It assists with the acquisition, construction, leasing, maintenance, and selling. Medallion Property Management has been in the business since 2013. Its team of real estate and management professionals brings more than 50 years of combined experience in the industry and focuses on helping clients maximize their investments.

License Verified:

License: 481013031

Illinois Department of Financial and Professional Regulation

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
3.8
Google
3.9 / 5 (102)
Yelp
1.0 / 5 (3)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
5875 N Lincoln Ave Ste LL42, Chicago, IL 60659
  • Tenant Screening
  • Property Inspection
  • Property Assessment

Why choose this provider?

Keyrenter Property Management Chicago North is a company that serves rental homeowners and multifamily apartment managers in the local metro and the surrounding areas. It screens tenants by checking possible criminal backgrounds along with employment and credit history. The business handles legal evictions and maintains and inspects properties. It also has an online learning center where clients can access guides about the real estate industry. Owner John Golden has over 25 years of experience in sales management and banking.

License Verified:

License: 475186593

Illinois Department of Financial and Professional Regulation

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.2
Google
4.4 / 5 (12)
Yelp
3.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
1335 W Fargo Ave., Chicago, IL 60626
  • Maintenance
  • Marketing
  • Leasing
  • Accounting Services

Why choose this provider?

Owned by Marty Max, MLC Properties and Management serves the Chicago metro. Managing various types of real estate, the company offers property management services to help protect and maximize property owners' investments. Clients can save time and resources by allowing the company to manage their property including showings to prospective tenants, catering to tenant emergencies, and attending to maintenance issues through in-house systems and exclusive vendors. The company's property management software keeps renters informed on property rent status, rent collection, and tenant eviction.

License Verified:

License: 478027353

Illinois Department of Financial and Professional Regulation

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.2
Google
4.4 / 5 (89)
Yelp
2.0 / 5 (8)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
2440 W Madison St, Unit C, Chicago, IL 60612
  • Collection
  • Leasing
  • Tenant Screening
  • Property Maintenance

Why choose this provider?

Home365 - Chicago caters to the property management needs of residential and commercial real estate investors. Its team manages its clients' properties by using software technology for tenant management, accounting, and the tracking of maintenance schedules. It also conducts a property assessment and provides a rental estimate based on the expected occupancy and neighborhood rent rate, giving clients a clear idea of the potential revenue of their assets and how they fit into the local market.

License Verified:

License: 481013826

Illinois Department of Financial and Professional Regulation

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
2.6
Yelp
2.0 / 5 (42)
Google
3.8 / 5 (19)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
1212 N Ashland Ave #202, Chicago, IL 60622
  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Tenant Screening

Why choose this provider?

Landmark Property Management is a full-service property management company in Chicago that handles all matters related to real estate for landlords and investors. It handles marketing, tenant screening, rent collection, maintenance, and repairs, and it provides clients with detailed financial reporting tools to keep track of their properties. The managers also take care of move-in and move-out inspections, lease renewals, and the eviction process. Other services include real estate sales, property rehabilitation, and new construction.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.8 / 5 (124)
Facebook
4.5 / 5 (8)
Yelp
5.0 / 5 (3)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
600 W Cermak Ave, Ste 2A2, Chicago, IL 60616
  • Market Vacancies
  • Property Maintenance

Why choose this provider?

HomeRiver Group Chicago has been providing real estate management services for clients in the metro since 2006. It helps property owners and investors increase the value of their properties and maximize their income. Its property managers perform leasing, tenant screening, rent collection, maintenance, and eviction assistance. HomeRiver Group's real estate portfolio comprises apartments, condos, and single-family homes. Susan Heaton, who serves as business development manager, has over 23 years of industry experience.

License Verified:

License: 471008586

Illinois Department of Financial and Professional Regulation

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.2
Google
4.4 / 5 (152)
Yelp
2.5 / 5 (23)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
55 EAST MONROE STREET (CORPORATE), STE 3800, Chicago, IL 60603
  • Maintenance
  • Tenant Screening
  • Property Inspection
  • Property Assessment

Why choose this provider?

ALPS Group is a full-service company that manages a variety of commercial and residential properties, including commercial rental properties, residential subdivisions, owner occupied, and real estate investments. The company’s service area covers the continental United States in a localized service. It focuses on minimizing costs and maximizing market value.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5
Google
4.7 / 5 (24)
Yelp
2.7 / 5 (3)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
Chicago, IL 60637
  • Maintenance
  • Leasing
  • Tenant Screening
  • Property Inspection
  • Property Assessment

Why choose this provider?

GC Realty & Development, LLC has been managing residential rental and commercial properties in Chicago since 2005. Its property managers provide rental analysis and reports to set rental rates. Moreover, they screen applicants, assist in tenant placement, and handle lease approvals and renewals. They market vacant properties online, generating property listings, and advertising them on the company's website. They also aid in rent collection and maintenance issue resolution. GC Realty & Development, LLC is guided by the principle of responsiveness.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5
Google
4.5 / 5 (521)
Yelp
4.5 / 5 (70)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
1000 N Mikwaukee Suite 201, Chicago, IL 60642
  • Accounting Services

Why choose this provider?

PRG Management oversees residential and commercial properties in Chicago and the surrounding areas. Its property management services include rental listing, property showing, tenant screening, and maintenance coordination. It monitors the properties to ensure they comply with relevant city codes. It also handles financial and administrative tasks, such as rent collection, accounting, and policy renewals and claims. In addition, the company manages commercial properties and financial institutions for industry clients, such as Fannie Mae and Freddie Mac.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.3

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
5401 W. Lawrence Ave #300813, Chicago, IL 60630
  • Leasing
  • Accounting Services
  • Tenant Screening
  • Property Inspection
  • Property Assessment
  • Community Management
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Why choose this provider?

Three Pentacles, PLLC, is a family-owned and family-operated property management company that serves residential and commercial property owners in Chicago and nearby suburbs. Since 2010, they have been managing properties in receivership for the State of Illinois Courts and the United States District Court Northern District of Illinois. Its broker, Arthur R. van der Vant, collaborates with property owners, banks, and lawyers in managing different spaces, like multi-family homes, condominiums, HOAs, single-family residences, and vacation rentals. He has been a landlord and a property manager since 1988.

License Verified:

License: 481013744

Illinois Department of Financial and Professional Regulation

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
19031 Old Lagrange Rd Ste 210, Mokena, IL 60448
  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening

Why choose this provider?

MF Cashflow is a residential property management firm serving Chicago and the surrounding areas. Its team of professionals conducts market analysis and lists vacancies on over 80 rental sites. Team members help find qualified renters, evaluating prospective tenants based on criminal history, employment records, and credit and rental backgrounds. Moreover, they ensure timely maintenance issue resolutions and keep owners updated on matters such as rent collection and tenant management. MF Cashflow maintains an owner portal for services like statements access.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Google
5.0 / 5 (27)
Yelp
3.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Frequently Asked Questions

  • What is property management?

    Property management is the business of controlling and overseeing real estate, including residential and commercial rental properties. These professionals handle general maintenance and day-to-day operations on behalf of the property owner. They’re responsible for marketing properties, finding and screening tenants, collecting rent, and preparing units between leases. They may also handle repairs, evictions, and any problems that arise.

  • What does a property manager do?

    Professional property managers perform critical tasks throughout the leasing life cycle, from preparing a rental property, through tenant move-ins and move-outs. They can also provide referrals for legal advice, home repairs, and services that aren’t covered by the management agreement. Here are some of their key responsibilities:

    • Marketing and listing vacant units
    • Processing applications and screening tenants
    • Conducting quarterly and annual inspections
    • Orchestrating move-in procedures
    • Coordinating maintenance and repairs
    • Collecting rent and applying penalties
    • Conducting move-out inspections and returning deposits
    • Handling evictions and posting quit notices
    • Complying with fair housing regulations
    • Compiling monthly expense reports
    • Preparing annual tax documents

  • How much do property management companies charge?

    Property management fees can vary substantially depending on the size of the property, number of units, and scope of service. Property owners can expect to pay one month of rent to fill vacant properties and 10% of the gross cash flow to manage the property. Investors should also account for monthly maintenance, contributions to a reserve repair fund, and early termination fees if they decide to cancel the property management contract. Evictions and other non-routine services typically cost extra.

  • How do I manage a rental property from out of state?

    Managing a property isn’t easy, and the job is even more difficult for out-of-state landlords. Thorough tenant screenings are the best way to prevent many common problems. Landlords should also maintain strong relationships with neighbors who can alert them if anything goes wrong. Investors who prefer a more hands-on approach should consider hiring a property manager to represent their interests.

  • Does a property manager need a real estate license?

    Yes, in most states, property managers must have a real estate license to advertise rentals, show properties, sign lease agreements, collect rent, and perform other fiduciary activities. A community association manager license or similar certification may also be required for professionals who want to work for an HOA or apartment complex, although this credential is optional in most states.

  • How do I find a good property management company?

    Property managers differ significantly in their approach and level of expertise. It’s important for owners to screen potential candidates to ensure that they're choosing the most qualified professional. Here are a few questions to ask during the interview:

    • How many units do you manage?
    • How big is your staff?
    • Do you have a maintenance crew?
    • How long does it take to fill vacant units?
    • What happens if my tenant doesn’t pay on time?
    • Have you ever filed an eviction?
    • What type of communication can clients expect from you?

  • Do property management companies find tenants for rental properties?

    Yes, finding tenants and filling vacancies are key responsibilities for property managers. These professionals are responsible for advertising the property, and they handle all inquiries, applications, and showings. To find the most qualified tenants, managers perform background and credit checks, verify references, and confirm the applicant’s employment information, which can prevent problems and extra costs down the road.

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