Team Fallico brings nearly 60 years of local expertise in Park Ridge, Ill., to Chicagoland’s largest independent brokerage
Team Fallico, a multi-generational, top-producing real estate team in the Park Ridge, Ill., market, today announced they will be joining Baird & Warner, Chicagoland’s largest family-owned independent real estate services company, founded in 1855.
The move follows Baird & Warner’s recent acquisition of Dream Town to create the market’s largest independent brokerage representing nearly 3,000 real estate professionals across Chicagoland. For Team Fallico, led by father-son duo Craig and Nick Fallico, joining Baird & Warner represents not just a change in affiliation but a reaffirmation of the values that have shaped their business for nearly 60 years.
“We’ve built our business by helping our neighbors, friends and family, and have sold a home on just about every street in Park Ridge and many in the surrounding suburbs and Chicago neighborhoods, too,” said Craig Fallico. “Our move to Baird & Warner allows us to keep delivering unmatched hyperlocal knowledge and highly personalized service to our clients with the support of an independent, locally-owned company that not only shares in our values but also brings incredible brand recognition, lead generation and technology.”
With Baird & Warner, Team Fallico gains access to an even wider range of tools and support. Through Baird & Warner’s global referral network, listings with Team Fallico will receive greater exposure. Customers also will have access to Baird & Warner’s luxury network affiliate, which sells the most $1M+ properties in the world and aligns with Team Fallico selling the most $1M+ homes in Park Ridge in 2024, according to MRED. Combined with the broadest geographic coverage in the Chicagoland area, the partnership will help Team Fallico’s agents bring their deep local knowledge to every client and community they serve.
“Much like Baird & Warner, we’re a multigenerational family business built on our people, relationships and reputation,” said Nick Fallico, son of Craig. “Our goal has never been to sell the most real estate but rather to help as many members in our community as we can. By building on our past success with Dream Town and now combining forces with Baird & Warner, Team Fallico can continue to do exactly that — with the added power of a global referral network, top-tier luxury marketing and unmatched reach across Chicagoland.”
Team Fallico can trace its roots to the late 1960s when Al Fallico co-owned the original Red Carpet Realty, eventually launching Fallico Real Estate in the early ’70s, a respected local brokerage for decades. Through a continuous track record of outstanding service and adapting to market shifts, the Fallico legacy has endured across three generations, with Nick joining the team in 2012, and the family business continuing to evolve and grow ever since. With deep community ties and local real estate experience in Chicago’s Northwest Side and northwest suburbs, Team Fallico has closed more than $800 million in real estate transactions. Team Fallico is the No. 1 Park Ridge real estate team in both units sold and total transaction volume from 2019 to 2024, according to MRED.
“Team Fallico is synonymous with the northwest suburbs, and we are incredibly excited to welcome their team to the Baird & Warner family,” said Laura Ellis, Baird & Warner’s chief strategy officer and president of residential sales. “The Fallicos exemplify what it means to be community-driven Realtors, and their decades of experience in Park Ridge and surrounding suburbs and neighborhoods perfectly align with our mission to support our agents and clients by putting people first.”
Baird & Warner, which celebrated its 170th anniversary this year, acquired Dream Town Real Estate earlier this summer, bringing together two of Chicagoland’s largest and most well-known independent real estate companies. The combined firm now represents the second-largest brokerage in the region, based on total properties sold in 2024. The strategic move reinforces Baird & Warner’s commitment to remain independent and locally owned — a clear contrast to the rising trend of consolidation among firms backed by Wall Street and private equity.
“Team Fallico’s enthusiasm for joining Baird & Warner and embracing the values we share speaks to the desirability and importance of independence and local expertise in our industry, not just from buyers and sellers but also from those professionals who have built incredible careers helping people with what is usually the most significant purchase of their lives,” said Steve Baird, president and CEO of Baird & Warner.
About Baird & Warner Real Estate, Inc.:
Established in 1855, family-owned Baird & Warner is Chicagoland’s largest independent real estate services company. The Baird & Warner brand has been synonymous with making real estate easier through experience, innovation and integrity for more than 170 years. Steve Baird, the firm’s fifth-generation owner, has been consistently recognized among the industry’s most influential leaders. Baird & Warner is a 10-time Chicago Tribune Top Workplace award winner, and with more than 3,000 broker associates in 32 offices and comprehensive mortgage, title, insurance and relocation services, it ranks among the nation’s top real estate firms. Learn more at BairdWarner.com.
