Assessment payments will not be routinely accepted in the Management Office and must be mailed to the designated address on the statement.

The lockbox address where your assessment statement should be mailed is:

Park Tower Condo

P.O. Box 7781

Carol Stream, IL 60197-7781

It is very important to include the provided remittance stub with your payment so that your assessment will be quickly applied by the lockbox. In addition, we require you to write your full 19-digit account number on your check. This account number can be found on the assessment statement.

Draper and Kramer also has a solution to make paying your assessment very easy, enroll in the Automatic Payment Plan. To enroll in the plan, an Authorization Agreement must be completed and submitted to the Management Office along with a copy of a voided check. The Authorization Agreement is available on line through this web site. You can also obtain one from the Management Office.

Assessments can also be dropped off at the Draper and Kramer corporate office located at 33 West Monroe on the 20th floor at the mailroom. Payments made at the corporate office should be dropped off before 10 AM for same day processing. Payments dropped off after 10 AM will be considered next day business processing. The remittance stub must accompany payments or the 19-digit account number must be legibly written on the check for accurate and timely processing. After normal business hours, payments can be dropped off in the mail slot adjacent to the main entrance on the 19th floor.

If you use a bank payment service to pay your assessment automatically for you, the only information that should be entered into the data fields for appearance on the check is the 19-digit account number. Eliminating dashes will allow for the full 19-digits to be entered and fully identified on the check. Also, it is very important to allow additional processing time into this payment method. The day chosen to “pay the bill” is not the day that your Draper and Kramer account will be credited. The day chosen to pay the bill is the day that the processing bank will debit the individuals account and then create a check that will then get mailed to the Draper and Kramer lockbox. You must account for this additional time in processing. Finally, because the bank processing service will not allow for inclusion of the remittance stub with the payment, one additional business day is required for lockbox processing.