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Updated over 5 years ago, 05/11/2019
Need new Coin-Operated Laundry for Rental Property
Hey everyone, I am a landlord of a 4-Unit Building in Grayslake, IL 60030 and a 3-Unit Building in Chicago, IL 60607. My coin-op washer is broken in Grayslake and is old. I need to get a new option. Does anyone have any recommendations for places to purchase and/or lease laundry machines that are reliable and affordable? Also, does anyone have any recommendations as to whether they have found leasing to be worthwhile? I know it is giving up revenue (we make about $75 a month at the Grayslake Property on Laundry) but I am thinking that the elimination of having to purchase the machines and the ongoing maintenance and coin collection might be worth it. The property is about 75 - 90 minutes from my personal residence and I do not use a property manager. Any help is appreciated.