Active

$525,000

1522 N Prospect AVENUE #704, Milwaukee, WI 53202

2beds

1,491sqft

$4,894/mo

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Condominium

Built in 2002

-- sqft lot

$468,200 Zestimate^®

$352/sqft

$942/mo HOA

What's special

Light-filled unit

Your lakeside lifestyle starts here! Welcome home to 1522 on the Lake, a beautiful condo community with lake views, amenities, and a 5-star walkable location. #704 is only available because of an out-of-state job move! This light-filled unit provides lake views from both bedrooms, the living room, and the balcony. This unit comes with a storage unit in the same hallway and 2 parking spots accessible off of the main lobby. Hosting guests is easy with a full-time concierge, guest parking spots, a community room, and a community terrace with panoramic lake views! A fitness center and community events round out the amenity package!

8 hours
44
4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Area: 342
Dimensions: 19 x 18

Bedroom 2

Area: 210
Dimensions: 14 x 15

Bathroom

Features: Tub Only, Ceramic Tile, Whirlpool, Master Bedroom Bath: Tub/No Shower, Master Bedroom Bath: Walk-In Shower, Master Bedroom Bath, Shower Over Tub, Shower Stall

Dining room

Area: 112
Dimensions: 14 x 8

Family room

Area: 289
Dimensions: 17 x 17

Kitchen

Area: 150
Dimensions: 10 x 15

Heating

Natural Gas, Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
Laundry: In Unit

Features

High Speed Internet, Storage Lockers, Walk-In Closet(s), Kitchen Island
Flooring: Wood or Sim.Wood Floors
Basement: None / Slab

Interior area

Total structure area: 1,491
Total interior livable area: 1,491 sqft
Finished area above ground: 1,491

Video & virtual tour

Property

Parking

Total spaces: 2
Parking features: Attached, Underground, 2 Car, Assigned
Attached garage spaces: 2

Features

Levels: Highrise: 6+ Stories,1 Story
Patio & porch: Patio/Porch
Exterior features: Balcony
Spa features: Bath
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water

Details

Parcel number: 3591483000
Zoning: Res

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Brick, Brick/Stone, Stone

Condition

21+ Years
New construction: No
Year built: 2002

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Community & HOA

HOA

Has HOA: Yes
Amenities included: Clubhouse, Elevator(s), Fitness Center, Security
HOA fee: $942 monthly

Location

Region: Milwaukee
Municipality: Milwaukee

Financial & listing details

Price per square foot: $352/sqft
Tax assessed value: $449,400
Annual tax amount: $9,262
Date on market: 10/16/2026
Inclusions: Refrigerator, Range/Oven, Dishwasher, Washer, Dryer
Exclusions: Seller's Personal Property, Murphy Bed, Craft Center Closet

Estimated market value

$468,200

$421,000 - $520,000

$3,147/mo

Price history

Date	Event	Price
10/16/2026	Listed for sale	$525,000+18%$352/sqft
Source: WIREX MLS #1984990 Report a problem
7/8/2025	Sold	$445,000+43.5%$298/sqft
Source: Public Record Report a problem
7/12/2013	Sold	$310,000-10.1%$208/sqft
Source: Public Record Report a problem
6/12/2006	Sold	$345,000-3.4%$231/sqft
Source: Public Record Report a problem
4/17/2003	Sold	$357,100$240/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,348 -4.8%	$449,400 +4.9%
2024	$9,821 +5.7%	$428,300 +9%
2023	$9,289 -0.8%	$393,100
2022	$9,360 +1.5%	$393,100 +18.6%
2021	$9,226	$331,500
2020	$9,226	$331,500
2019	$9,226 +1.3%	$331,500 +1.4%
2018	$9,107 +8.5%	$327,000 -3.1%
2017	$8,394 -8.2%	$337,500 +22.7%
2016	$9,141	$275,000
2015	--	$275,000 -11.3%
2014	--	$310,000 +27.2%
2012	--	$243,700 -5.2%
2011	--	$257,000 -6.9%
2010	$7,169	$276,100