CPD said the man was standing next to his car in the 700-block of North St. Clair Street about 5:45 p.m. when three men approached. One of the men pulled out a gun and demanded the vehicle, according to Chicago police.
The victim complied, and two of the men drove away in the car, while the other fled on foot.
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No one was hurt in the incident, Chicago police said.
CPD is working to quell a rash of crime across the city's North Side in recent weeks.