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421 E Knoxville Street, Brimfield, IL 61517

$250,000

2,261 sq ft
CLS# 1265003
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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

Property Details

City
Brimfield
County
Peoria
Type
Commercial Sale
New Construction
No
Zoning
Commercial
Square Ft.
2,261
Avail Square Ft.
2,261

Features

Roofing
  • Composition Shingle
Heating/Cooling
  • Individual Unit
  • Other

Financials

2024 Taxes
2609.71
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of eXp Realty, Raul Rodriguez, as of 03/21/2026 16:15pm exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.