The 37-year-old striker who is in his second spell at the Alex has scored two goals in four apperances.
He is due to return to his parent club Bury after the home game against Coventry City on Saturday 2 January 2016. Lowe who started his league career with Shrewsbury Town originally joined the Railwaymen back in 2006 until 2008 where he made 64 appearances before rejoining Chester City.
Manager Steve Davis told Radio Stoke 'He's good around the place and good with the youngsters, They know that they're playing with a lad who's really had a good career.'