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    421 E KNOXVILLE ST, Brimfield, IL 61517
    421 E KNOXVILLE ST, Brimfield, IL 61517
    421 E KNOXVILLE ST, Brimfield, IL 61517
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    Jackie Weisenburger

    Jackie Weisenburger

    +1(217) 430-9353
    Listed by Raul Rodriguez • eXp Realty
    $250,000
    Est. payment /mo
    2,261 SqFt
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    UPDATED:

    Key Details

    Property Type Commercial

    Sub Type Commercial

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2,261 sqft

    Price per Sqft $110

    MLS Listing ID PA1265003

    Annual Tax Amount $2,609

    Tax Year 2024

    Property Sub-Type Commercial

    Source rmlsa

    Property Description

    Cash-flowing 4-unit property with commercial zoning — a strong investment opportunity located at the entrance of Brimfield, IL. Situated in Peoria County within the Brimfield School District, this property offers stable income with clear upside potential. The fourplex sits on 0.52 acres (per Peoria County records) and benefits from low property taxes relative to its income production. The unit mix includes two 2-bedroom units and two 1-bedroom units, appealing to a wide tenant base. Current revenue is consistent, with additional income potential through rent increases and operational improvements. On-site laundry generates approximately $350/month, creating an added revenue stream. The property features a private parking lot and private driveway, providing plenty of parking for all tenants. Value-add opportunities include paving the parking lot and driveway to further enhance tenant appeal and long-term value. Located in a small-town setting with a short drive to nearby city amenities, tenants enjoy peaceful surroundings alongside local conveniences. Highlights: -Income-producing 4-unit property (fourplex) -Commercial zoning for flexible future use -Two 2-bedroom units & two 1-bedroom units -Stable income with potential to increase rents -Laundry income (~$350/month) -0.52-acre lot (per county records) -Private parking lot & private driveway -Plenty of tenant parking -Value-add opportunity with paving improvements -Low taxes for the asset class -Low-turnover rental area

    Location

    State IL

    County Peoria

    Area Paar Area

    Zoning Commercial

    Direction Cash-flowing 4-unit property with commercial zoning at the entrance of Brimfield, IL. Located in Peoria County within the Brimfield School District, offering consistent rental income, low turnover, ample parking, and a private driveway — stable cashflow.

    Interior

    Heating Individual Unit, Other

    Cooling Multi Units, Wall/Window Unit(s)

    Flooring Other

    Fireplace N

    Exterior

    View true

    Roof Type Composition Shingle

    Garage 1

    Building

    Faces Cash-flowing 4-unit property with commercial zoning at the entrance of Brimfield, IL. Located in Peoria County within the Brimfield School District, offering consistent rental income, low turnover, ample parking, and a private driveway — stable cashflow.

    Sewer Public Sewer

    Structure Type Vinyl Siding,Frame

    Others

    Tax ID 06-24-251-002

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    Jackie Weisenburger

    Jackie Weisenburger

    +1(217) 430-9353

    Broker | License ID: 475.141177

    Broker License ID: 475.141177

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