Need new Coin-Operated Laundry for Rental Property

[David Calzaretta]

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.

[David Calzaretta]

Thanks everyone for the reply.  I wound up going with 2 new machines from Midwest Laundries.  They had the best new pricing and were very professional and quick to respond.  They are also letting me Beta Test something called PayRange which is a new coinless option run through your smart phone.  It has worked successfully on vending machines and now they are moving into the laundry systems.  Basically it is a chip installed in the computer of the washing mashing (like a USB Drive).  Then your tenants download the app on their smart phone and can pay on their phone, hold it up to the laundry machine and it starts it.  I guess it gives pretty detailed reports as well.  You can run the system as a hybrid so that you can collect coins as well as have people pay by phone.  I will let you all know how it works out.