The 29 year old signed on loan for Argyle in November and has since notched three goals in six appearances for the League Two side.
Manager Carl Fletcher discussed the decision to snap the former Everton man up fulltime, "I'm delighted to get Chaddy as our player. He has come in and done well. We've worked hard to get him here ... but it's a good day for everyone involved to get a player like Nick at this club."
This will be Chadwick's second permanent stint at Home Park, having played over seventy games for the club in three years after transferring from Everton in 2005. He was released in 2008 and spent time on the books of Hereford, Chester City, Shrewsbury and Barrow before moving to Stockport in the summer.
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