The suspect was first spotted by officers in a van around 2 a.m. in the 10000 block of South Normal Avenue. Police tried to stop the van, but the driver took off.
A 24-year-old man is facing charges after police say he led them on an 11-mile, high-speed chase on the city's South Side.
Reports indicate Phagan repeatedly fired shots at officers chasing him.
Phagan was charged with four counts of attempted first-degree murder of a police officer, aggravated vehicular hijacking and armed robbery, according to police.
The Chicago Tribune reports Phagan was released on parole for a 2008 conviction in connection to a similar police chase.
Phagan is scheduled to face a judge later Wednesday.