$500,000

1221 Illinois St F, Golden, CO 80401

  • 2 beds |
  • 1 bath |
  • 875 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $571/sqft
  • Property List Date Icon Listed 2 days ago

Property 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.

Listing Status:
Active
Data Last Updated:
February 14, 2026 at 3:24PM
Listing Office:
Berkshire Hathaway HomeServices Colorado Real Estate, LLC : gregkitz85@gmail.com,303-960-5489
Listing Agent:
Greg Kitzmiller : 303-960-5489
MLS ID:
4735065
  • General: Eat-in Kitchen
  • Appliances: DishwasherRefrigerator
  • Heating: Hot WaterBaseboardRadiant
  • Fireplace: None
  • Eco/Green Feature: Windows
  • Parking: Off Street
  • Roofing: Fiberglass
  • General: BrickOne
  • HOA Amenities: Community LaundryTrashExterior MaintenanceWaterHeatInsuranceSewer885.0Quarterly
  • Originating MLS: ires
  • School District: Jefferson Dist R-1
  • County: Jefferson
  • Utilities: Electricity Available
  • Water: City
  • Sewer: Public Sewer
  • Source: ires
  • Exclusions: Tenants personal propertywindow air conditioner

This listing courtesy of Greg Kitzmiller , Berkshire Hathaway HomeServices Colorado Real Estate, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mitchell Elementary School

200 Rubey Dr, Golden, CO, 80403

Grades KG-5

0.75 miles away

B

Bell Middle School

1001 Ulysses St, Golden, CO, 80401

Grades 6-8

2.03 miles away

G

Golden High School

701 24th St, Golden, CO, 80401

Grades 9-12

0.92 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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