Two badly damaged vehicles could be seen near a resale shop at Roosevelt Road and South 17th Avenue about 6:30 a.m.
Broadview police said a black Kia sedan was reportedly traveling at a high rate of speed west on Roosevelt and hit a green minivan that was traveling south on 17th.
Due to the crash, both vehicles spun out of control and ended up on the sidewalk directly in front of the New2U resale shop.
One of the vehicles also struck a Pace bus, which was stopped at the intersection, causing minor damage, but there were no injuries to the three individuals on board, police said.
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The driver of the minivan was taken to Loyola University Medical Center, where she was pronounced dead.
The Kia driver was conscious but disoriented and had visible injuries, police said. She was also taken to Loyola, where she is in serious condition but has stabilized.
Police believe the Kia went through a red light before hitting the minivan, which was in the intersection.
The driver of the Kia has a warrant for aggravated driving with a revoked license. Her license was revoked because of a DUI and multiple other convictions, police said.
Eastbound Roosevelt was closed between 16th and 18th avenues. Northbound 17th was also closed, while police investigated.