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Updated over 1 year ago on . Most recent reply

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72
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12
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Edouard Pierre
  • Chicago, IL
12
Votes |
72
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Laundry Options in Chicago Multifamily

Edouard Pierre
  • Chicago, IL
Posted

Hi BPers! I've recently rehabbed a 2flat and have closed on a pretty turnkey 7unit building. I am going to provide coin-operated laundry units in the basement of both properties. Thinking 1 set for the 2flat (2 units) and 2 sets for the 7unit.

Anyone here have any advice on where and what to purchase (brand, kind, etc...) OR does anyone have a good experience with a rental program? Thank you in advance! 

Most Popular Reply

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197
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131
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Syed Lateef
  • Professional
  • Chicago, IL
131
Votes |
197
Posts
Syed Lateef
  • Professional
  • Chicago, IL
Replied

I purchased SpeedQueen coin washer and dryer for my property in Jefferson Park and its been great so far. We even bought the same package for our Logan square property.

In the first 3 months i made $175 dollars from 4 units. I charge $1.50 per wash and $1.50 for dry. The income is a nice cherry on top to my monthly rent

I reached out to like 3 or 4 vendors and got pricing. The best pricing i got was from ABT. I can give you the contact information of the sales person who got my the deal. I am sure she can match the same pricing i got.

I bought the package for $1,977

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