1221 Illinois Street #F, Golden, CO 80401
Local realty services provided by:ERA Shields Real Estate
1221 Illinois Street #F,Golden, CO 80401
$500,000
- 2 Beds
- 1 Baths
- 875 sq. ft.
- Condominium
- Active
Listed by: greg kitzmiller, sharon kitzmillergregkitz85@gmail.com,303-960-5489
Office: berkshire hathaway homeservices colorado real estate, llc.
MLS#:4735065
Source:ML
Price summary
- Price:$500,000
- Price per sq. ft.:$571.43
- Monthly HOA dues:$295
About this home
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.
Contact an agent
Home facts
- Year built:1955
- Listing ID #:4735065
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:875 sq. ft.
Heating and cooling
- Heating:Baseboard, Hot Water, Radiant
Structure and exterior
- Roof:Shingle
- Year built:1955
- Building area:875 sq. ft.
Schools
- High school:Golden
- Middle school:Bell
- Elementary school:Mitchell
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$500,000
- Price per sq. ft.:$571.43
- Tax amount:$490 (2024)
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