242 E Capitol Dr, Milwaukee, WI 53212 Property Records

Milwaukee County property record for 242 E Capitol Dr, Milwaukee, WI 53212

Property Summary

Property TypeFast Food Restaurant
Details2,527 sqft · built 2003
Lot Size0.344 acres (15,000 sqft)
OwnerCompany Name on Record
Last Sale$750,000 (Jun 2023)
Tax Bill$35,509 (2025)
Deeds & MortgagesSep 2025 Mortgage
Aug 2024 Mortgage
+ 2 more
Flood ZoneZone X (minimal risk)
APN242-0441-000

Property Details

APN / Parcel Number

Primary APN242-0441-000
Alternative APN
  • 002420441000

Interior

Units2 Units
Stories1 Story
Building Area2,527 sqft Gross Area
1st Floor Area2,527 sqft

Exterior

Year BuiltBuilt 2003
Effective Year BuiltEffective 2003
Exterior MaterialBrick/Stone
Lot Area15,000 sqft (0.344 acres)

Utilities, Heating & Cooling

Cooling SystemCentral

Location & Zoning

Account Number002420441000
Street Address242 E CAPITOL DR
CityMILWAUKEE
StateWI
Zip53212-1258
Property CategoryCommercial
Property TypeCommercial > Retail > Fast Food Restaurant
Local Zoning CodeLB2
Legal DescriptionCERT SURVEY MAP NO 7148 IN SE 1/4 OF SE 1/4 SEC 5-7-22 THAT PART OF PARCEL 1 WHICH LIES IN THE CITY OF MILW SUBJ TO NON-EXCLUSIVE EASMTS #8273145 #8404933 & #8404934 BID #25
Legal Range22E
Legal Township70N
Legal Section05
Legal SubdivisionTHE CITY OF MILW SUB
JurisdictionMILWAUKEE WI
Township / Civil DivisionMILWAUKEE
Census Block Group3
Census Block3000
Census Tract4400

Owner

Source: Milwaukee County records, as of September 3, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address242 E CAPITOL DR, MILWAUKEE, WI 53212-1258
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Sep 11, 2025Deed of Trust, Mortgage · SBA Mortgage
SOMERCORE 504 INC
Aug 20, 2024Deed of Trust, Mortgage · Commercial Mortgage
FWBANK
Aug 20, 2024Deed of Trust, Mortgage · Commercial Mortgage
FWBANK
Jun 21, 2023Warranty Deed, Transfer

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 21, 2023 · Amount on Record
Deed SaleJun 21, 2023 · Amount on Record
Deed Document Number202311346089
Prior Transfer DateJan 23, 2023
Prior Transfer Doc0011317660
Record UpdatedOct 29, 2026

September 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMILWAUKEE WI
Property Address242 E CAPITOL DR, MILWAUKEE, WI 53212-1258
Transaction TypeMortgage
Record UpdatedJun 18, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0011538195
DateSep 11, 2025
Instrument11538195
Lender
NameSOMERCORE 504 INC
TypeNon-Lending Institution
AddressCHICAGO, IL 60604
Agreement
TypeSBA Mortgage
AmountAmount Recorded

August 2024: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMILWAUKEE WI
Property Address242 E CAPITOL DR, MILWAUKEE, WI 53212-1258
Transaction TypeMortgage
Record UpdatedJun 18, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0011443516
DateAug 20, 2024
Instrument11443516
Lender
NameFWBANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

August 2024: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMILWAUKEE WI
Property Address242 E CAPITOL DR, MILWAUKEE, WI 53212-1258
Transaction TypeMortgage
Record UpdatedJun 18, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0011443247
DateAug 20, 2024
Instrument11443247
Lender
NameFWBANK
TypeBank
AddressCHICAGO, IL 60642
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

June 2023: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMILWAUKEE WI
Recording DateJun 21, 2023
Property Address242 E CAPITOL DR, MILWAUKEE, WI 53212-1258
Document Number0011346089
Map ReferenceDOC 8364191
Instrument DateJun 15, 2023
Instrument11346089
Transaction TypeTransfer
Record UpdatedJun 18, 2026

Transaction

AmountAmount Recorded
Tax$2,250.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name

Tax Assessment & Valuation

Source: Milwaukee County assessment roll, as of September 3, 2026

Property Jurisdictions

TypeName
StateWisconsin
CountyMilwaukee County
MunicipalityMilwaukee City
Unified School DistrictMilwaukee School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$35,509.00 (+95.25%)$1,530,800 (+134.35%) Land $269,800 Building $1,261,000
2024$18,186.00 (+16.94%)
2023$784,800 (+20.15%)
2022$15,552.00$653,200 Land $269,800 Building $383,400$653,200 Land $269,800 Building $383,400

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective October 26, 2024

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemMILWAUKEE WATERWORKS
serves 626,000 people · EPA ID WI2410100
Water SourceSurface water
Last State InspectionFeb 2025
Lead5 ppb (2023)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 183 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Spectrum
Cable · Fiber in parts of the area
1,000 / 1,000
AT&T
Fixed Wireless · DSL · Fiber in parts of the area
100 / 20
T-Mobile
Fixed Wireless
100 / 20

May also be available: Verizon.

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