Baird & Warner
|This article relies on references to primary sources. (August 2007)|
Baird & Warner serves the Chicago metro area. It is the largest independent brokerage in Chicago and its suburbs, with more than 1,500 real estate brokers and 22 sales offices found across Northeastern Illinois.
Baird & Warner was founded in Chicago in 1855 and is still owned by the Baird family today. Fifth generation president and CEO Stephen W. Baird is the great-great-grandson of founder Lyman Baird.
The Great Chicago Fire
In 1871, the firm was located at 90 LaSalle Street. When the Great Chicago Fire burned most of Chicago, the only thing that was left of the office was the fireproof safe containing the company ledgers. These documents helped Chicago officials verify property ownership after the city's records were destroyed.
After the Fire, Lyman Baird, then CEO, encouraged out-of-state investors to send more money to assist the rebirth of Chicago. Investors put up nearly $140 million to cover to cost of reconstruction, and this incredible support created such a sustained building boom that it cushioned the worst effects of the financial panic of 1873.
- Baird & Warner was known as Baird & Bradley until Lyman Baird's son Wyllys Baird joined the firm in 1878.
- Francis Bradley died in 1892, and Lyman Baird appointed Wyllys Baird as CEO.
- Lyman Baird's brother-in-law George Warner is made a partner, renaming the firm Baird & Warner.
Baird & Warner celebrated its 150th anniversary on March 28, 2005, and on January 31, 2005, Chicago Mayor Richard M. Daley issued a proclamation that March 28 would be known as Baird & Warner Day in Chicago.
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