1221 Illinois ST, Golden, CO 80401
1221 Illinois ST, Golden, CO 80401
1221 Illinois ST, Golden, CO 80401
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$400,000
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2 Beds
1 Bath
875 SqFt
Active

1221 Illinois ST Golden, CO 80401

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 875 sqft

Price per Sqft $457

Subdivision Golden Willow

MLS Listing ID 4735065

Bedrooms 2

Full Baths 1

HOA Fees $885/qua

HOA Y/N Yes

Year Built 1955

Property Sub-Type Condominium

Property Description

Back on Market because Buyer Defaulted! Major Price Drop! 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.

Location

State CO

County Jefferson

Interior

Interior Features Eat-in Kitchen, Laminate Counters

Heating Baseboard, Hot Water, Radiant

Cooling None

Flooring Carpet, Laminate

Appliance Dishwasher, Oven, Range, Refrigerator

Laundry Common Area

Exterior

Fence None

Utilities Available Electricity Connected

Amenities Available Laundry

Waterfront Description Public

Roof Type Shingle

Private Pool No

Building

Story One

Sewer Public Sewer

Water Public

Schools

School District Elementary: Jefferson County R-1, Middle/Junior: Jefferson County R-1, High: Jefferson County R-1

Others

HOA Fee Include Heat,Insurance,Maintenance Grounds,Maintenance Structure,Trash,Water

Senior Community No

Tax ID 082151

Special Listing Condition None Known


REColorado MLS
Listed byBerkshire Hathaway HomeServices Colorado Real Estate, LLC

Nearby Locations

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Travis Hightower

Travis Hightower

+1(303) 829-7724

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TESTIMONIALS

Travis Hightower is an exceptional real estate professional. I worked with him on the sale of my condo, and his professionalism, initiative, and attention to detail were outstanding from beginning to end. Travis took ownership of the entire process. He coordinated the contractors, got the property market-ready quickly, and produced a listing that stood well above the competition. The photography and presentation were first-class. He even took the initiative to meet with the HOA to better understand the property's finances, future plans, and implications for residents. The results spoke for themselves. Despite listing in December, we were under contract within a week and closed in less than a month. We also achieved an excellent price, particularly considering a condo one building over sold for approximately 11% less just a few months later. I was traveling internationally during much of the process, but Travis and his team made everything straightforward. Communication was consistently clear, responsiveness was excellent, and the closing team was equally professional and reasonable in its fees. Real estate is clearly more than a profession to Travis. He lives and breathes it, and that commitment shows in the quality of his work, the people he surrounds himself with, and the results he delivers. Beyond his professionalism, Travis is genuinely warm, personable, and a pleasure to work with. He has a way of making you feel at ease and that you're in good hands. I couldn't be happier with the experience and would recommend Travis without hesitation.

James

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1221 Illinois ST