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ChadNic Properties celebrates 40th anniversary and new Mascoutah office


chadnicpropertiesFounder John L. Bailey cuts the ribbon marking the newly reopened corporate office and the start of a celebration of 40 years in business, surrounded by family and team members. Photo by Scott Lokitz Photography.

ChadNic Properties of Southern Illinois recently celebrated its 40th anniversary along with the grand reopening of its corporate office in a new location, 622 South Jefferson, Mascoutah.

The family-owned, property management company began in 1976 when founder John L. Bailey purchased his first apartment home in Mascoutah and created BailCo Properties. Today, that original company is part of a larger collection of multifamily communities in Southern Illinois, Missouri and Texas.

To celebrate the 40th anniversary each community had a party on Aug. 12 with different events. One community offered back-to-school supplies in backpacks for the children of residents, another collected for a local Women’s Shelters and another collected for the local food pantry.

These were just part of the festivities, which included food, cakes, pool parties, giveaways and other activities.

“Giving back to the community has always been important to our family and to our company. I’m very proud of how our team members across the country contribute time and resources to helping their communities,” said Bailey. “We also believe in taking good care of our residents.”

The 40th anniversary will be marked by planting 40 trees in the fall, spread out over the various properties and throughout Mascoutah. Different varieties will be planted not only for ecological reasons but to represent the diversity of their communities. To ChadNic a tree represents shelter, growth, stability and strong roots. This is why the company adopted a tree as its corporate logo, and trees are reflected in the logos of each property.

The anniversary event began with a nationwide conference call to the team members at each property.

“We’ve come a long way over the years. I really appreciate all the friends who have made this possible; both business associates, personal friends and staff,” Bailey said during the call. He spoke about his pride in the team members over the years who helped build the business and looking forward to what the coming decade brings.

Later, the company associates from around the area joined the Bailey family members for the ribbon-cutting at the entrance of their new corporate office location at Erwin Plaza in Mascoutah. The ribbon-cutting was followed by a party that lasted well into the evening. Friends, associates and family stopped in throughout the evening to offer congratulations and reflect on the past decades.

— From the Illinois Business Journal

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