Wade is currently not in town but recently joined an ESPN round-table talking about the violence plaguing the city of Chicago.
Police said two men approached another man who was walking with the Aldridge and opened fire around 3:30 p.m. in the 6300-block of South Calumet. The shooting took place near Dulles School of Excellence.
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Aldridge, 32, was struck in the head and arm. She was taken to Stroger Hospital where she was pronounced dead.
Investigators said she was an innocent bystander and not the intended target.
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A relative took custody of the child, police said. The child is unharmed.
One person is being questioned by police. The shooting remains under investigation.