A quenched-in state of thermal equilibrium (at 723 K) in a single crystal of Cr-Fe-Co-Ni close to equal atomic percent was studied. Atom probe tomography revealed a single-phase state with no signs of long-range order. The presence of short-range order (SRO) was established by diffuse x-ray scattering exploiting the variation in scattering contrast close to the absorption edges of the constituents: At the incoming photon energies of 5969, 7092, and 8313 eV, SRO maxima that result from the linear superposition of the six partial SRO scattering patterns, were always found at X position. Electronic structure calculations showed that this type of maximum stems from the strong Cr-Ni and Cr-Co pair correlations, that are furthermore connected with the largest scattering contrast at 5969 eV. The calculated effective pair interaction parameters revealed an order-disorder transition at approximately 500 K to a L1₂-type (Fe,Co,Ni)₃Cr structure. The calculated magnetic exchange interactions were dominantly of the antiferromagnetic type between Cr and any other alloy component and ferromagnetic between Fe, Co, and Ni. They yielded a Curie temperature (T_C) of 120 K, close to experimental findings. Despite the low value of T_C, the global magnetic state strongly affects chemical and elastic interactions in this system. In particular, it significantly increases the ordering tendency in the ferromagnetic state compared to the paramagnetic one.