970.232.4844
 | 
Login Account
 | 
Sign Up
Home » Real Estate » CO » Golden » 80401 » 1221 Illinois St, #1F, Golden, CO, 80401
$475,000

1221 Illinois St, #1F, Golden, CO, 80401

2 Beds
1 Bath
875 Square Feet
Price Improvement! 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.
Offered By
Greg Kitzmiller, Berkshire Hathaway HomeServices Colorado Real Estate, LLC

Property Details

Property Type Residential
Status Active
Bedrooms 2
Bathrooms (Full) 1
Property Sub Type Condominium
Square Feet 875
MLS # 4735065

Market Trends

New Properties On Market
34
Average Asking Price
$970,937
Average Asking Price / Sq. Ft.
$338
Average Days On Market
35
Data as of Apr 29, 2026. Remaining statistics above are calculated on activity within the period from Mar 01, 2026 to Mar 31, 2026.

Mortgage Calculator
The information provided by this calculator is for illustrative purposes only and accuracy is not guaranteed. The values and figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. This calculator does not have the ability to pre-qualify you for any mortgage or loan program. Qualification for mortgages or loans requires additional information such as credit scores and existing debts which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. All information such as interest rates, taxes, insurance, monthly mortgage payments, etc. are estimates and should be used for comparison only.


Purchase Price
Loan Type
Down Payment
HOA Dues
Interest Rate
Estimated Property Taxes
Homeowner's Insurance
Private Mortgage Insurance

Similar Listings

23528 Pondview Pl, Golden, CO 80401 Listing Photo  1
$530,000
23528 Pondview Pl
Golden, CO
2 Beds
|
2 Baths
|
1,530 Square Feet
Offered By Kay Bohan LIV Sotheby's International Realty
426 Anvil Way, Golden, CO 80401 Listing Photo  1
$515,000
426 Anvil Way
Golden, CO
2 Beds
|
2 Baths
|
1,287 Square Feet
Offered By Sarah Cowan Guide Real Estate
11720 W Independence Ave, Golden, CO 80401 Listing Photo  1
$485,000
11720 W Independence Ave
Golden, CO
3 Beds
|
1 Bath
|
960 Square Feet
Offered By Dane Danbury MB Marston and Blue