(CBS) – Chicago police have announced an arrest and charges in the murder of a local businessman who was shot earlier this year while collecting rent from tenants.

Chicago police say Tyneil Washington, 29, was charged with first-degree murder in connection with the death of a 66-year-old man during a March 1 armed robbery attempt.

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Herbert L. Goode, was shot multiple times in the 2300 block of West 57th Street outside an industrial building he owned in West Englewood. The longtime businessman owned a River North framing shop and the rental properties.

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Goode’s tenants told CBS 2 he was out collecting rent there when a gunman came up to him in the middle of the street and opened fire.

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Chicago police say they were assisted in Washington’s apprehension by the Champaign Police Department and federal authorities. They say Washington appeared in bond court Friday; details were not available.