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$500,000

7 hours ago

F - 1221 Illinois Street, Golden, CO

Condo

2 Bed

1 Bath

875 sqft

1 Parking

MLS® 4735065

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Condominium
Levels Residential
Size 875 sqft
Garage No
HOA Fees $885
Taxes $490
Days Active 0
Approx. Age 1955
Avg. Price Per Sqft $571
MLS® Number 4735065

Property Address: f-1221 Illinois Street, Golden, CO, 80401

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number4735065
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area
Exposure
Exterior
GarageNo
Approx. Age1955
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Rooms

Other:Main FloorNot available
Other:Main FloorNot available
Living Room:Main FloorNot available
Kitchen:Main FloorNot available

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 13, 2026List Date
$500,000List Price
  • Commute

Commute

Starting Address
Destination Address
1221 Illinois Street, Golden, CO

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