David Russell is expected to appear in court for a bond hearing Sunday.
Police responded about 3:30 p.m. Friday to East 81st Street and South Cottage Grove in the Chatham neighborhood after hearing shots fired.
Officers found two people with gunshot wounds in a car. Kenneth Taylor, 24, and Moneet Baker, 22, were later pronounced dead.
Officers arrested two people after a short chase but the second person was released without being charged.