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.
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
Price:
$435,000
MLS #:
REC4735065
Status:
Pending
Beds:
2
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
Golden Willow
Finished Sq Ft:
875
Total Sq Ft:
875
Year Built:
1955
Schools
School District:
Jefferson County R-1
Elementary School:
Mitchell
Middle School:
Bell
High School:
Golden
Interior
Above Grade Finished Area
875
Appliances
Dishwasher, Oven, Range, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
None
Flooring
Carpet, Laminate
Heating
Baseboard, Hot Water, Radiant
Interior Features
Eat-in Kitchen, Laminate Counters
Laundry Features
Common Area
Levels
One
Main Level Bathrooms
1
Main Level Bedrooms
2
Exterior
Association Amenities
Laundry
Common Walls
Something Above, Something Below, 2+ Common Walls
Construction Materials
Brick
Fencing
None
Parking Spots
1
Parking Total
1
Roof
Shingle
Window Features
Double Pane Windows
Financial
HOA Fee
$885
HOA Fee Frequency
Quarterly
HOA Includes
Heat, Insurance, Maintenance Grounds, Maintenance Structure, Trash, Water
HOA Name
Golden Willow Condominium Association
HOA Phone
303 279 2204
Tax Year
2025
Taxes
$1,622
Map
Contact Us
Mortgage Calculator
Property Summary
- Located in the Golden Willow subdivision, 1221 Illinois Street #1F Golden CO is a Condo for sale in Golden, CO, 80401. It is listed for $435,000 and features 2 beds, 1 baths, and has approximately 875 square feet of living space, and was originally constructed in 1955. The current price per square foot is $497. The average price per square foot for Condo listings in Golden is $379. The average listing price for Condo in Golden is $468,392. To schedule a showing of MLS#rec4735065 at 1221 Illinois Street #1F in Golden, CO, contact your Smart Sale AI agent at 3039066915.
Similar Listings Nearby
Additional Details
MLS ID : REC4735065
Listing Key : REC2051993413
Parcel Number : 082151
Zip Code : 80401
City : Golden
State : CO
Building if Condo : Golden Willow
Full Street: 1221 Illinois Street #1F
Address : 1221
Address Prefix :
Address Suffix : Street
Street : Illinois
Street Prefix :
Street Suffix :
Unit if Condo : 1F
Latitude : 39.753101
Longitude : -105.223763
Property Type : condo
Property Sub Type : Condominium
Stories Total if Condo :
Lot Size :
Ownership : Corporation/Trust
Zoning :
Condition : Updated/Remodeled
Renovation :
Pets Allowed :
Special Conditions : None
Possession : Subject To Tenant Rights
Original Price : 500000
Close Price :
Close Date :
List Date : Feb 12, 2026
List Contract Date : 2026-02-12
Off Market Date : 2026-05-13
Purchase Contract Date : 2026-05-13
Days on Market : 200
Concessions Amount : 0
Concession Comment :
Renovation :
Company : Berkshire Hathaway HomeServices Colorado Real Estate, LLC

Copyright 2026. All rights reserved.
1221 Illinois Street #1F
Golden, CO












































