Travon Smith of Chicago was shot in the head near 47th and South Ellis at approximately 12:50 a.m. He was pronounced dead at the scene.
Another teen, a 16-year-old, was wounded in the leg and rushed to a hospital.
Witnesses said the 16-year-old limped from the scene and screamed, "They shot my brother."
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Neighbors said they heard gunshots and looked up to see the two young victims.
"I heard what sounded like seven to nine shots or firecrackers so immediately I called police and told them what I heard," said Cherry Hardie.
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Police said the shooter was inside a red minivan.
Area Central detectives are investigating.