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1221 Illinois Street 1FGolden, CO 80401

For Sale

$500,000

Smart Buyer Rebate $2,500

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.

Listed by Greg Kitzmiller

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License #016385

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Berkshire Hathaway HomeServices Colorado Real Estate, LLC

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303-960-5489

Listed by Sharon Kitzmiller

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License #155065271

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Berkshire Hathaway HomeServices Colorado Real Estate, LLC

Last updated February 17, 2026

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Source: REcolorado #4735065

Listing Facts

  • TypeCondo
  • NeighborhoodDowntown Golden
  • Bedrooms2
  • Bathrooms1
  • Days on Prevu32
  • HOA/Maint. Fees$885/quarter
  • Taxes$1,622/year
  • Size875 sqft
  • Price per sqft$571

Amenities

  • Dishwasher
  • Parking

Location

Mortgage Calculator

Listing History

02/12/2026
Listed by Berkshire Hathaway HomeServices Colorado Real Estate, LLC
$500,000

Property Details for 1221 Illinois Street 1F

Association

Amenities

  • Association Amenities: Laundry

Fees

  • Association Fee: $885.00 Quarterly
  • Association Fee Includes: Heat, Insurance, Maintenance Grounds, Maintenance Structure, Trash, Water

General

  • Association Name: Golden Willow Condominium Association

Exterior

Construction

  • Property Attached: Yes
  • Property Condition: Updated/Remodeled
  • Roof: Shingle
  • Structure Type: Low Rise (1-3)
  • Window Features: Double Pane Windows
  • Year Built: 1955
  • Building Name: Golden Willow
  • Common Walls: Something Above, Something Below, 2+ Common Walls
  • Construction Materials: Brick
  • Entry Level: 1

Features

  • Road Frontage Type: Public

Measurements

  • Building Area Total: 875

Financial

Taxes

  • Parcel Number: 082151
  • Tax Annual Amount: $1,622.00
  • Tax Year: 2025

Interior

Features

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

Measurements

  • Living Area: 875

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2

Other

General

  • Exclusions: Tenants personal property, window air conditioner

Location

  • Subdivision Name: Golden Willow

Parking

Parking

  • Parking Total: 1

Schools

Elementary School

  • Elementary School: Mitchell
  • Elementary School District: Jefferson County R-1

High School

  • High School: Golden
  • High School District: Jefferson County R-1

Middle or Junior School

  • Middle Or Junior School: Bell
  • Middle Or Junior School District: Jefferson County R-1

Utilities

Equipment

  • Electric: 110V, 220 Volts
  • Heating: Baseboard, Hot Water, Radiant
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 2 bedrooms and 1 bathroom in this condo at 1221 Illinois Street 1F.

What schools are nearby to 1221 Illinois Street 1F?

Nearby schools include the Mitchell Elementary School, Bell Middle School, and Golden High School.

Does this condo have parking?

Yes, there is 1 parking space available for 1221 Illinois Street 1F.

What are the annual taxes for 1221 Illinois Street 1F?

Annual taxes for this condo are estimated at $1,622.

How does 1221 Illinois Street 1F compare to other condos in Downtown Golden?

This condo is listed 59% below the average price for condos in Downtown Golden and has been on the market for 8 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the Golden Willow building and is part of the Golden Willow Condominium Association home owners association.

What is the square footage on this condo?

According to the MLS, this listing is 875 sqft.

1221 Illinois Street 1F is a 2-bedroom, 1-bath condo for sale in Golden CO 80401. On Prevu for 32 days at $500,000. This home features 875 square feet of living space, located in Golden. The median listing price for condos in this area is $1,289,950. Nearby schools include Mitchell Elementary School, Bell Middle School, and Golden High School. The home offers dishwasher and parking. Explore more condo listings in Golden.

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Prevu are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.