In separate pans, brown the ground chuck, chorizo and cook the bacon. Drain off extra grease and place into large stock pot.
Dump in all other ingredients. Stir to blend, then cover and simmer over low heat for at least 2 hours, stirring occasionally.
Season with additional salt, pepper or chili powder, if necessary. The longer the chili simmers, the better it will taste. Remove from the heat and serve, or cool, refrigerate, and reheat the next day
Ladle into bowls and top with cheddar cheese and sour cream