Bailey was gunned down outside his South Side home last July. He was washing his new car when he was shot to death in what investigators believe was an attempted robbery. Bailey had just finished his overnight shift guarding the home of then-Mayor Richard Daley.
The suspect, Antwon Carter, is charged with first-degree murder and attempted robbery. Carter was on parole for aggravated battery to another police officer when he allegedly shot Bailey.
According to the Illinois Department of Corrections, Carter has an extensive criminal background including possession of a stolen vehicle, possession of a controlled substance and aggravated battery of a police officer. He was released from prison in May of 2010, just a couple months before the fatal shooting.
Carter is already in custody for an alleged carjacking in a parking lot last September while he was on parole. Police recovered a 38 caliber handgun in the incident. They have not said whether they believe that weapon was used in Officer Bailey's murder.
Carter is scheduled to appear in court Wednesday. He joins Bryant Brewer who is charged with the murder of Officer Thor Soderberg as the second consecutive alleged cop killer who was on probation at the time of the murder.
Last week, on the anniversary of his death, family, friends and colleagues remembered the life of Officer Bailey. They placed a wreath in his memory outside First District headquarters.
"Michael's service will never be forgotten and his legacy will always live on," said Chicago Police Superintendent Garry McCarthy.
Officer Bailey was one killed one month before his retirement.