Florencio Craig has been charged with attempted first-degree murder, aggravated battery and aggravated discharge of a firearm in the shooting.
CPD said Craig was arrested just before 9:30 p.m. Monday in the 800-block of North Dearborn Street, after he shot and critically injured a 34-year-old man.
Chicago police previously said Craig was also critically injured in the incident.
Both were taken to Northwestern Memorial Hospital.
A weapon was found at the scene.
Craig is due in court Thursday.
The video in the player above is from an earlier report.
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