1221 Illinois ST #1F Golden, CO 80401
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 875 sqft
Price per Sqft $542
Subdivision Golden Willow
MLS Listing ID 4735065
Bedrooms 2
Full Baths 1
Condo Fees $885
HOA Fees $885/qua
HOA Y/N Yes
Abv Grd Liv Area 875
Year Built 1955
Annual Tax Amount $1,622
Tax Year 2025
Property Sub-Type Condominium
Source recolorado
Property Description
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.
Location
State CO
County Jefferson
Rooms
Main Level Bedrooms 2
Interior
Interior Features Eat-in Kitchen, Laminate Counters
Heating Baseboard, Hot Water, Radiant
Cooling None
Flooring Carpet, Laminate
Fireplace Y
Appliance Dishwasher, Oven, Range, Refrigerator
Laundry Common Area
Exterior
Fence None
Utilities Available Electricity Connected
Roof Type Shingle
Total Parking Spaces 1
Garage No
Building
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Mitchell
Middle Schools Bell
High Schools Golden
School District Jefferson County R-1
Others
Senior Community No
Ownership Corporation/Trust
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
NEARBY SCHOOL & BUSINESS
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