We present results of LSDA electronic structure calculations for the initia
l growth stage of epitaxial Cr overlayers on a ferromagnetic Fe(001) substr
ate in the presence of interdiffusion at the Cr/Fe interface. The interfaci
al interdiffusion is simulated by a two-dimensional substitutionally disord
ered alloy and the corresponding self-consistent electronic structure is ob
tained within the tight-binding linear muffin-tin orbital (TB-LMTO) method
and the coherent-potential approximation (CPA). We analyse the total energi
es of different solutions of the LSDA-CPA problem and discuss several topic
s relevant to the Cr/Fe system, e.g. segregation tendencies for ultra-thin
Cr films and a magnetic pi phase shift for thicker Cr films. A comparison o
f the ab initio results to a semiempirical tight-binding theory and experim
ent is presented as well.