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Quadplex with Commercial Zoning
For Sale
$250,000

421 E KNOXVILLE Street, Brimfield, IL 61517

COMMERCIAL - Brimfield, IL

Property SizeContact for details
Lot Size0.52 Acres
Days on Market143

Property Features for 421 E KNOXVILLE Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Directions From Route 150/W Knoxville St in Brimfield, head east through town. Continue past S Galena Ave and the property at 421 E Knoxville St will be on your left.
Standard status Active
APN 06-24-251-002
Lot size 0.52 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2610

Utilities

Sewer type Public Sewer
Cooling system Multi Units, Wall/Window Unit(s), Window Unit(s)

Amenities

on-site laundry
private parking lot

Building Details

Floors in Building 2
Number of units 5
Building materials Vinyl Siding, Frame
Roof type Composition
Listing Agency: eXp Realty
Listed By: Raul Rodriguez
Added: Mar 21 Changed: Aug 5 Last Checked: Aug 10 at 1:06AM
MLS# PA1265003

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This cash-flowing four-unit quadplex offers a mix of two 2-bedroom units and two 1-bedroom units, supported by public sewer service. The property sits on a 0.52-acre lot and includes vinyl siding with frame construction and a composition roof. Cooling is provided via window/wall unit(s) appropriate for individual units. An on-site laundry area adds a secondary revenue stream, and the layout is supported by dedicated tenant parking.

The quadplex is located at 421 E Knoxville Street in Brimfield, IL (Peoria County) within the Brimfield School District. With commercial zoning, the property supports flexible future use while remaining focused on consistent residential income. The site includes a private parking lot and private driveway for tenant parking.

Operational improvement opportunities include paving the parking lot and driveway to enhance tenant appeal and long-term usability. The area is described as having low-turnover rentals, which can support income stability.

Key Highlights

  • Commercial zoning for flexible future use
  • Two 2‑bedroom units and two 1‑bedroom units
  • On‑site laundry provides an additional revenue stream

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.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

68
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Fourplex with two 2-bedroom and two 1-bedroom units on 0.52-acre lot, commercial zoning.
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 $250,000.
What are key features of this property?
This property features: Commercial zoning for flexible future use; Two 2‑bedroom units and two 1‑bedroom units; On‑site laundry provides an additional revenue stream
More about this property
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