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REcolorado
Based on information submitted to the MLS GRID as of 2026-02-13 14:15:35 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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$500,000
For Sale

1221 Illinois Street #F

Golden, CO 80401
875 sqft | 2 beds | 1 bath | #4735065
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Listing OfficeBerkshire Hathaway HomeServices Colorado Real Estate, LLC
1221 Illinois Street #F
42 photos
Type:Purchase
Structure:Condo
Zone:Residential

Description

Turn-Key Investment Opportunity in the Heart of Downtown Golden – Leased Through May 2027 Welcome to 1221 Illinois Street, Unit 1F — a rare opportunity to secure a two-bedroom condo with a tenant in place through May 2027, offering immediate and stable rental income in one of Golden’s most desirable locations. Perfectly positioned directly across from the Colorado School of Mines and just steps from historic downtown Golden, this unit combines dependable cash flow with long-term appreciation potential in a supply-constrained market. Investment Highlights: Two-bedroom layout ideal for roommate configuration or strong tenant appeal Lease secured through May 2027 — built-in income stability Prime location across from Colorado School of Mines Walking distance to downtown Golden amenities Strong rental demand driven by students, faculty, professionals, and outdoor enthusiasts Low-maintenance condo ownership in a high-demand corridor Golden consistently attracts renters due to its unique blend of small-town charm and outdoor lifestyle. From this unbeatable location, tenants enjoy easy access to: Clear Creek Trail for kayaking, tubing, biking, and scenic walks Washington Avenue dining, breweries, and local shops Coors Brewery, seasonal festivals, and year-round community events Hiking and biking at North & South Table Mountain Quick commute to Denver, Federal Center, and mountain corridors Two-bedroom units near Mines are especially desirable, as they provide flexible living arrangements and strong leasing appeal. With a lease secured well into 2027, this property offers predictable income while positioning the owner to benefit from Golden’s continued growth and long-term appreciation. Whether you’re building a portfolio, completing a 1031 exchange, or seeking a low-maintenance investment in a premier Front Range location, Unit 1F delivers stability, location, and long-term upside.

  • Property Details
      • InteriorEat-in Kitchen, Laminate Counters
      • Utility FeaturesElectricity Connected
      • School DistrictJefferson County R-1
      • Property ConditionUpdated/Remodeled
      • Structure TypeLow Rise (1-3)
      • SubdivisionGolden Willow
      • Sewer InformationPublic Sewer
      • Property SubtypeCondominium
      • CountyJefferson
      • Property TypePurchase
      • Elementary SchoolMitchell
      • Original List Price$500,000
      • Cost500000.0
      • MLS #4735065
      • MLS #4735065
      • Utility SourcePublic
      • High SchoolGolden
      • Square Feet875.0
      • Hoa Fees885.0
      • Year Built1955
      • Middle SchoolBell
      • Taxes Annual$490
      • Bathrooms1.0
      • Parking Garage Spaces0.0
      • Parking Carport Spaces0.0
      • Bedrooms2
      • Full Baths1
      • Hoa1

Location

Legal

Based on information submitted to the MLS GRID as of 2026-02-13 02:40:18 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: Today at 8:16 AM. Source: RECOLORADO

Provided By
Listing Agent: Greg Kitzmiller (#REC016385), Phone: 303-960-5489, Email: gregkitz85@gmail.com
Listing Office: Berkshire Hathaway HomeServices Colorado Real Estate, LLC (#RECIRE01)

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