Police said the incident occurred in the 100-block of South I Oka Avenue around 6:15 a.m.
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The homeowner was letting his dog out in the back yard when the dog barked, alerting him to someone in his driveway.
When he went around the corner he saw someone apparently trying to steal the SUV parked there. The homeowner questioned the man, but he ran to a car in the street, pulled out a gun and opened fire.
"The homeowner was able to dive for cover and get out of the way thankfully. The SUV fled northbound toward Prospect Drive," said Greg Sill of Mount Prospect police.
Witnesses said the gunman fired at least seven shots. The homeowner scraped his face while diving for the ground but was not seriously injured, police said.
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"I'm not familiar with a gunshot but I knew it was something unusual. I woke up to it, looked out and saw the vehicle in front of the house. They pulled out," said neighbor Dave Rapazadi.
Another suspect was in the car and after the shooting the gunman got in and they fled northbound.
Police said it is believed to be an isolated incident and was random; the homeowner was not a target. An investigation is ongoing.