2575 N Prospect Ave, Milwaukee, WI 53211 Property Records

Milwaukee County property record for 2575 N Prospect Ave, Milwaukee, WI 53211

Property Summary

Property Type	Apartments (5+ Units)
Details	3 bd · 1 ba · 9,060 sqft · built 1953
Lot Size	0.279 acres (12,160 sqft)
Owner	Company Name on File
Last Sale	$456,000 (Oct 2007)
Tax Bill	$29,036 (2025)
Deeds & Mortgages	Oct 2022 Line of Credit Mar 2021 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`319-0224-000`

Property Details

APN / Parcel Number

Primary APN	`319-0224-000`
Alternative APNs	`0031902240007` `003190224000`

Interior

Bedrooms	3 Beds
Full Baths	1 Bath
Total Rooms	36 Rooms
Units	20 Units
Stories	2 Stories
Building Area	9,060 sqft Living Area

Exterior

Year Built	Built 1953
Effective Year Built	Effective 1953
Architectural Style	Conventional
Exterior Material	Brick
Lot Area	12,160 sqft (0.279 acres)

Location & Zoning

Account Number	003190224000
Street Address	2575 N PROSPECT AVE
City	MILWAUKEE
State	WI
Zip	53211-4144
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	RM4
Legal Description	HAYES SUBD, (GEO.W.) OF S 1/2 ETC IN SW 1/4 SEC 15-7-22 BLOCK 15 LOT 1- N 20 LOT 2 & S 15 LOT 12 ADJ
Legal Range	22E
Legal Township	07N
Legal Section	15
Legal Subdivision	HAYES SUBD
Legal Block	15
Legal Lot Number	1,2
Jurisdiction	MILWAUKEE WI
Township / Civil Division	MILWAUKEE
Census Block Group	2
Census Block	2003
Census Tract	7600

Owner

2575 N Prospect Ave, a residential property, is owned by a company that bought it in October 2007.

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

Owner of Record	Company Name on File
Mailing Address	4145 N DOWNER AVE, MILWAUKEE, WI 53211-1716
Owner Type	Company
Vesting	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Oct 5, 2022	Deed of Trust, Mortgage · Line of Credit LANDMARK CU
Mar 12, 2021	Deed of Trust, Mortgage · Commercial Mortgage WATERSTONE BANK SSB
Aug 1, 2018	Deed of Trust, Mortgage · Commercial Mortgage WATERSTONE BANK SSB

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 5, 2007 · Amount on File
Deed Sale	Oct 5, 2007 · Amount on File
Prior Sale	Apr 16, 2007 · Amount on File
Deed Document Number	20079504653
Record Updated	Oct 29, 2026

October 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MILWAUKEE WI
Property Address	2575 N PROSPECT AVE, MILWAUKEE, WI 53211-4144
Transaction Type	Mortgage
Record Updated	Jun 18, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0011289268
Date	Oct 5, 2022
Instrument	11289268

Lender

Name	LANDMARK CU
Type	Credit Union
Address	NEW BERLIN, WI 53151

Agreement

Type	Line of Credit
Amount	Amount on Record

March 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MILWAUKEE WI
Property Address	2575 N PROSPECT AVE, MILWAUKEE, WI 53211-4144
Transaction Type	Mortgage
Record Updated	Jun 18, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0011089405
Date	Mar 12, 2021
Instrument	11089405

Lender

Name	WATERSTONE BANK SSB
Type	Bank
Address	MILWAUKEE, WI 53226

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	61 Months
Due	Apr 1, 2026

August 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MILWAUKEE WI
Property Address	2575 N PROSPECT AVE, MILWAUKEE, WI 53211-4144
Transaction Type	Mortgage
Record Updated	Nov 29, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0010799455
Date	Aug 1, 2018
Instrument	10799455

Lender

Name	WATERSTONE BANK SSB
Type	Bank
Address	MILWAUKEE, WI 53226

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 2575 N Prospect Ave was $29,036, up 7.2% from the year before.

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

Property Jurisdictions

Type	Name
State	Wisconsin
County	Milwaukee County
Municipality	Milwaukee City
Unified School District	Milwaukee School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$29,036.00 (+7.23%)	$1,389,000 Land $285,700 Building $1,103,300
2024	$27,077.00
2023			$1,232,700 (+20.15%)
2022	$24,429.00	$1,026,000 Land $285,700 Building $740,300	$1,026,000 Land $285,700 Building $740,300

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

Flood

FEMA maps place 2575 N Prospect Ave in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2023.

Source: FEMA National Flood Hazard Layer, effective October 26, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force
Nearby Flood Claims	1 (2023)
Claims Outside the SFHA	1 of 1
Most Recent Claim	Jun 2023

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 2575 N Prospect Ave has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire Risk	Not 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 System	MILWAUKEE WATERWORKS serves 626,000 people · EPA ID WI2410100
Water Source	Surface water
Last State Inspection	Feb 2025
Lead	5 ppb (2023) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None 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 564 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
Starlink Satellite	280 / 30
T-Mobile Fixed Wireless	100 / 20
AT&T DSL · Fiber, Fixed Wireless in parts of the area	100 / 20

May also be available: Verizon.

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