Combine dry ingredients in a large bowl.
In another bowl, whisk eggs, buttermilk, sour cream, food coloring, and vanilla.
Add wet ingredients to dry and mix just until combined.
Fold chocolate chips into batter
Use 1/3 cup batter per pancake cooking on a griddle heated over medium heat until lightly browned on both sides.
For Cream Cheese Glaze, beat together cream cheese and confectioners' sugar with an electric mixer until smooth. Add in vanilla extract and 1 tablespoon of milk and beat until smooth. Add in extra milk until glaze reaches desired consistency.
To serve, drizzle cream cheese glaze on top of pancakes and maple syrup, if desired. To make drizzling the glaze easy, place in a plastic bag and snip the corner.