Milwaukee and Minneapolis are about 298 miles apart by road. Split the difference and you arrive near Chicago, the city closest to the halfway point between them. That puts roughly 2 hr 2 min of driving on the Milwaukee side and 7 hr 26 min on the Minneapolis side — the fairest single meeting point among the cities near the middle.
At this range, Chicago works for a same-day meetup: close enough from both Milwaukee and Minneapolis to meet for lunch or an afternoon and still be home by evening.
If Chicago doesn't have what you're after, Omaha and Indianapolis are also close to the midpoint and worth a look — each keeps the drive reasonably balanced between Milwaukee and Minneapolis.
City descriptions adapted from Wikipedia (CC BY-SA); photos via Wikimedia Commons, credited above.