Man hospitalized after stabbing near Chicago Theatre following argument: police

CHICAGO - A man is hospitalized after he was reportedly stabbed during an argument near the Chicago Theatre. 

The incident happened at 4:30 p.m. Thursday in the 200 block of N. State Street. 

The victim, a 30-year-old man, was arguing with another man when the situation escalated. Chicago police said the other man pulled a sharp object and struck the 30-year-old in the back. 

The injured man was taken to Northwestern Hospital and is in fair condition. 

Police are still searching for the suspect. The investigation is ongoing.