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Commercially Zoned Fourplex
For Sale
$240,000

421 E Knoxville Street, Brimfield, IL 61517

Four-unit rental property with a mixed bedroom configuration, on-site laundry, and dedicated parking improvements.

Property Size2,261 SF
Price / SF$106.15
Days on Market159

Property Features for 421 E Knoxville Street

General Information

Standard status Active
Size 2,261 SF
Property subtype Commercial
Zoning Commercial

Taxes and HOA fees

Annual Taxes $2,609

Building Details

Building Size 2,261 SF
Units 5
Listing Agency: eXp Realty
Listed By: Raul Rodriguez
Source: Shawneehillsrealestate
Added: Mar 21 Changed: Aug 22 Last Checked: Aug 26 at 10:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

Investment Insights

Based on property information with market context.

This fourplex contains 2,261 square feet on a 0.52-acre parcel and includes two 2-bedroom residences alongside two 1-bedroom residences. Commercial zoning applies to the property. On-site laundry provides an additional operating feature, while a private parking lot and private driveway serve the occupants.

The property is located at 421 E Knoxville Street in Brimfield, Illinois, within Peoria County and the Brimfield School District. Its setting offers a small-town residential environment with access to local conveniences. The parking lot and driveway present paving work as a stated improvement opportunity.

Key Highlights

  • Four‑unit property with two 2‑bedroom units and two 1‑bedroom units
  • 2,261 square feet on a 0.52‑acre lot
  • Commercial zoning

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Storage Facility Garden Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

87
Businesses Nearby

Demographics for 61517, IL

3,293
Population
1,184
Households
2.8
Avg Household Size
45
Median Age
39%
College-Educated
96%
High-School Grad
68.5 sq mi
ZIP Area
48
Density / Sq Mi
$86,512
Median Household Income
$45,405
Median Earnings
$832
Median Rent
$269,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit rental property with a mixed bedroom configuration, on-site laundry, and dedicated parking improvements.
Where is this quadplex located?
The property is located at 421 E Knoxville Street Brimfield, IL.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Four‑unit property with two 2‑bedroom units and two 1‑bedroom units; 2,261 square feet on a 0.52‑acre lot; Commercial zoning
More about this property
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