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Pending
  • Price cut: $40K (5/4)
    $435,000

    1221 Illinois Street #1F, Golden, CO 80401

    2beds
    875sqft
    : 
    $3,043/mo
    Get pre-qualified
    Condominium
    Built in 1955
    -- sqft lot
    $-- Zestimate®
    $497/sqft
    $295/mo HOA

    What's special

    Price Improvement! 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.
    163 days
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    29
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    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Greg Kitzmiller 303-960-5489 gregkitz85@gmail.com,

    Berkshire Hathaway HomeServices Colorado Real Estate, LLC,

    Sharon Kitzmiller 720-206-4398,

    Berkshire Hathaway HomeServices Colorado Real Estate, LLC

    Source: REcolorado as distributed by MLS GRID,MLS#: 4735065MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Bedroom
      • Level: Main
      Bedroom
      • Level: Main
      Bathroom
      • Level: Main
      Kitchen
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Baseboard, Hot Water, Radiant
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Oven, Range, Refrigerator
      • Laundry: Common Area
      Features
      • Eat-in Kitchen, Laminate Counters
      • Flooring: Carpet, Laminate
      • Windows: Double Pane Windows
      • Has basement: No
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 875
      • Total interior livable area: 875 sqft
      • Finished area above ground: 875

      Property

      Parking
      • Total spaces: 1
      • Details: Off Street Spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Fencing: None
      Details
      • Parcel number: 082151
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Brick
      Condition
      • Updated/Remodeled
      • Year built: 1955

      Utilities & green energy

      • Electric: 110V, 220 Volts
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Subdivision: Golden Willow
      HOA
      • Has HOA: Yes
      • Amenities included: Laundry
      • Services included: Heat, Insurance, Maintenance Grounds, Maintenance Structure, Trash, Water
      • HOA fee: $885 quarterly
      • HOA name: Golden Willow Condominium Association
      • HOA phone: 303-279-2204
      Location
      • Region: Golden

      Financial & listing details

      • Price per square foot: $497/sqft
      • Tax assessed value: $269,472
      • Annual tax amount: $1,622
      • Date on market: 2/12/2026
      • Listing terms: 1031 Exchange,Cash,Conventional
      • Exclusions: Tenants Personal Property, Window Air Conditioner
      • Ownership: Corporation/Trust
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/13/2026Pending sale$435,000$497/sqft
        Source: REcolorado as distributed by MLS GRID #4735065 Report a problem
        5/4/2026Price change$435,000-8.4%$497/sqft
        Source: REcolorado as distributed by MLS GRID #4735065 Report a problem
        3/30/2026Price change$475,000-5%$543/sqft
        Source: REcolorado as distributed by MLS GRID #4735065 Report a problem
        2/13/2026Listed for sale$500,000+963.8%$571/sqft
        Source: REcolorado as distributed by MLS GRID #4735065 Report a problem
        7/14/1995Sold$47,000$54/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$988 0%$16,842 +54.8%
        2024$988 -9.3%$10,879
        2023$1,090 -1.6%$10,879 -13.7%
        2022$1,107 +5.1%$12,606 -2.8%
        2021$1,054 $12,969 +4.5%
        2020$1,054 +1.4%$12,408
        2019$1,039 +13.3%$12,408 +16.8%
        2018$917 $10,625
        2017$917 +58.4%$10,625 +55.4%
        2016$579 $6,839
        2015$579 +36.3%$6,839 +43.4%
        2014$425 -5.7%$4,769
        2013$450 +2.2%$4,769 -6.8%
        2012$440 -2.5%$5,119
        2011$452 0%$5,119 -3.2%
        2010$452 -6.9%$5,290
        2009$485 +0.2%$5,290 -6.7%
        2008$484 -20.1%$5,670
        2007$606 0%$5,670 -19.2%
        2006$606 +7%$7,020 +9.5%
        2005$567 +9.6%$6,410
        2004$517 +29.1%$6,410
        2003$400 +1.6%$6,410 +31.1%
        2002$394 +6.6%$4,890 +17.3%
        2001$369 -1%$4,170
        2000$373 $4,170
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 80401

        Getting around

        88 / 100
        Very Walkable
        32 / 100
        Some Transit
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Mitchell
        • Middle: Bell
        • High: Golden
        • District: Jefferson County R-1

        Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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