Police said a Maserati was driving west on 130th Street at about 9:16 p.m. and attempted to make an illegal U-turn and struck a Nissan going eastbound.
A 41-year-old woman who was a passenger in the Nissan was transported to the University of Chicago Medical Center, where she was later pronounced dead.
The drivers of both vehicles were issued citations and the Major Accidents Investigation Unit is investigating the crash.