In one bowl, using a hand or electric mixer, mix whole milk, egg, vegetable oil, sugar, and vanilla extract. Make sure everything is well combined. The mixture should look smooth and slightly frothy.
In another bowl, stir together all-purpose flour, baking powder, cinnamon powder, and salt. This dry mix will give your pancakes structure.
Little by little, add the flour mixture to the milk mixture, stirring well after each addition to prevent clumps. You want a smooth batter that is not too thick.
Gently stir in the mini chocolate chips, ensuring they are evenly distributed throughout the batter.
Place a nonstick skillet or griddle over medium heat. Allow it to get hot, but not smoking. This will ensure the pancakes cook evenly.
Using a ladle or measuring cup, pour about 1/4 cup of batter onto the hot skillet. You should hear a gentle sizzle, indicating the pancake is cooking.
When air bubbles start to form on the surface of the pancake, it’s time to flip! Carefully turn it over and cook until the other side is golden brown. This should take about 2 to 3 minutes.
Repeat this process with the remaining batter, being sure to stir the batter occasionally to avoid the chocolate chips sinking to the bottom.
Now, in a medium saucepan, add all the syrup ingredients: sweetened condensed milk, evaporated milk, and heavy whipping cream. Mix well.
Bring the mixture to a boil while stirring constantly. This helps to thicken the sauce. Boil for about 2 to 3 minutes, keeping an eye on it so it doesn’t scorch.
Remove from heat and let it cool slightly. It will continue to thicken as it cools.
Drizzle the creamy sauce over your pancakes, allowing it to soak in as you top them with your desired toppings like whipped cream, fresh berries, and a sprinkle of ground cinnamon.