͑Cd 1Ϫx Fe x )͑Te 1Ϫy Se y ) crystals have been studied both theoretically and experimentally. In such a system, a part of Fe 2ϩ ions are located in crystal environments of a lowered symmetry. The energy level structure of these ions is substantially modified with respect to that of the Fe 2ϩ ion in one-anion ͑ternary͒ crystal. Regarding magnetic properties, the most essential modification occurs when an Fe 2ϩ ion is surrounded by three atoms of Te and one Se atom. Then, a doublet becomes a ground state of the magnetic ion, while, in the case of a ternary crystal, the ground state of an Fe 2ϩ ion is always a nonmagnetic singlet. In consequence, for two-anion systems, we observe a Curie-like paramagnetism instead of an otherwise revealed temperature independent (Tр10 K͒ Van Vleck paramagnetism. Although, in the present work, we are concerned mostly with ͑Cd 1Ϫx Fe x )͑Te 1Ϫy Se y ), a similar behavior is also observed for various crystals based on zinc and mercury. The results of our photoconductivity measurements indicate that the ground energetic state of an Fe 2ϩ ion can take several localizations in the band structure of the matrix crystal. A specific position depends on a configuration of nearest neighbors of an Fe 2ϩ ion, i.e., if it is surrounded by four Te, or three Te and one Se, etc. Concluding, we show that doped with Fe quaternary II-VI semimagnetic semiconductors demonstrate magnetic and optical properties essentially different from that of Fe doped ternary II-VI semimagnetic semiconductors.