The victim was walking on the sidewalk in the first block of South State Street at about 11:45 p.m. when police said a male suspect approached on foot and attempted to take his bag.
The suspect then got into a physical altercation with the victim during which he took out a knife and cut the victim in the leg, police said.
The victim was transported to Northwestern Memorial Hospital in good condition, police said.
No one is in custody and Area Three detectives are investigating.
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