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$500,000 New to Website

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 1 Full Bath
  • 875 Sq. Ft.
  • Updated 22 hours ago
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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.

Full Property Details for 1221 Illinois St #F

General

  • Price: $500,000
  • HOA FEE: $295/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $490 (2024)
  • Status: Active
  • Type: Condo
  • Source: MetroList_Colorado
  • MLS ID: 4735065
  • Updated: 2/12/2026
  • Added to Site: 2 day(s) ago

Interior

  • Interior Features: Eat-in Kitchen, Laminate Counters
  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Flooring: Carpet, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Baths: 1

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Main: 2

Other Rooms

  • Laundry: Common Area

Additional Information

  • Shared Amenities: Laundry

Parking

  • Total Spaces: 1

Location

  • County: Jefferson
  • Subdivision: Golden Willow
  • Building Name: Golden Willow

School Information

  • Elem School District: Jefferson County R-1
  • Midd School District: Jefferson County R-1
  • High School District: Jefferson County R-1
  • Elementary School: Mitchell
  • Middle School: Bell
  • High School: Golden

Community

  • Association: Yes
  • Assoc. Name: Golden Willow Condominium Association
  • Assoc. Fees Include: Heat, Insurance, Maintenance Grounds, Maintenance Structure, Trash, Water
  • Pets Allowed: Yes
  • Management Type: Professionally Managed

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard, Hot Water, Radiant

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected

Structural Information

  • Structure Type: Low Rise (1-3)
  • Construction: Brick
  • Roof: Shingle
  • Common Walls: Something Above, Something Below, 2+ Common Walls
  • Windows: Double Pane Windows
  • Entry Floor Number: 1
  • Square Feet: 875
  • Sq. Ft. Source: Public Records
  • Living Area: 875 Sq. Ft.
  • Year Built: 1955
  • Property Condition: Updated/Remodeled

Lot Features

  • Frontage: Public
  • Street/Road Desc.: Paved
  • Road Maintenance: Public Maintained Road
  • Fencing (Description): None

Financial Considerations

  • Association Fee: Yes
  • Association Fee: $885
  • Assoc Fee Freq.: Quarterly
  • Assoc Fee /Annual: $3,540
  • Tax Amount: $490
  • Tax Year: 2024
  • Terms: 1031 Exchange, Cash, Conventional

Disclosures and Reports

  • Ownership: Corporation/Trust
  • Special Conditions: None
  • Legal Description: SECTION 33 TOWNSHIP 03 RANGE 70 QTR NE SUBDIVISIONCD 286600 SUBDIVISIONNAME GOLDEN WILLOW CONDO BLOCK LOT 000F TRACT
  • Exclusions: Tenants personal property, window air conditioner
  • Property ID: 82479

Listed by Berkshire Hathaway HomeServices Colorado Real Estate, LLC

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Listing agents

— 1221 Illinois St #F —

  • Berkshire Hathaway HomeServices Colorado Real Estate, LLC

  • Berkshire Hathaway HomeServices Colorado Real Estate, LLC

gregkitz85@gmail.com,303-960-5489

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1221 Illinois St #F

School District:Jefferson County School District R-1
NameGradesDistance
Mitchell Elementary School
200 Rubey Drive, Golden, CO 80403
K-50.7 mi
Bell Middle School
1001 Ulysses Street, Golden, CO 80401
6-82 mi
Golden High School
701 24th Street, Golden, CO 80401
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 1221 Illinois St #F

Year
Property Taxes
Change
Tax Assessment
Change
2024
$490
—
$12,098
—
2023
$490
-19%
$12,098
-15%
2021
$608
2%
$14,244
3%
2022
$598
-2%
$13,845
12%
2021
$608
17%
$12,408
—
2019
$520
13%
$12,408
17%
2018
$459
11%
$10,625
—
2017
$415
58%
$10,625
70%
2016
$262
-1%
$6,258
—
2015
$265
33%
$6,258
40%
2014
$199
—
$4,467
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1221 Illinois St #F

$
Down Payment
%
$
%

$
$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Berkshire Hathaway HomeServices Colorado Real Estate, LLC

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1221 Illinois Street #F, Golden, CO 80401 (MLS# 4735065) is a Condo property with 2 bedrooms and 1 full bathroom. 1221 Illinois Street #F is currently listed for $500,000 and was received on February 12, 2026. Want to learn more about 1221 Illinois Street #F? Do you have questions about finding other Condo real estate for sale in Golden? You can browse all Golden real estate or contact a Coldwell Banker agent to request more information.

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