Chicago police said the two men were shot near the intersection of N. St. Louis and W. Iowa Street around 2:43 p.m.
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A 32-year-old man who was shot in the left side of his body was transported to Stroger Hospital, where he later died. His identity has not yet been released.
A 33-year-old man sustained a graze wound to the left shoulder, police said. He refused medical treatment at the scene.
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Police said the victims and witnesses were being uncooperative with the investigation.
Area Four detectives are investigating. So far, no one is in custody.