Officers were called about 11:30 a.m. for reports of a person trapped under a vehicle near Grand Avenue and LaSalle Drive, according to Chicago police.
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Police said the victim was walking east on Grand and a Rauch Clay Sales Corp truck was traveling west. She was crossing the street at LaSalle when the truck made a left turn to travel south and struck her.
She was taken in critical condition to Northwestern Memorial Hospital, where she was pronounced dead.
The Cook County Medical Examiner's Office identified her as 29-year-old Elizabeth Boshardy of Chicago.
Northwestern Hospital staff have attempted to save Boshardy's unborn child, but no official update on the child's condition has been released.
"I didn't know her personally but, I just can't believe it, you know, that she's dead," said Trevor Reise, witness.
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Reise said that intersection can be dangerous for people simply trying to cross the street.
"It's nonstop busy and ya know people got to be really careful crossing and watching out too," he said. "But obviously mainly the drivers got to watch first."
The CPD Major Accidents Investigation Unit is investigating.
The driver of the truck was cited for failure to yield to a pedestrian.
The Sun-Times Media Wire contributed to this report.