Police have since been able to locate the vehicle they believe was involved but the search for the driver continues. It was found in the 2700 block of Northview Street in Northeast Philadelphia Tuesday morning.
Officers responded to S. Broad Street and Oregon Avenue around 11:30 p.m. Monday. When they arrived, they found the woman unresponsive on the roadway.
She was rushed to the hospital, where she was pronounced dead.
Investigators say the incident was caught on camera.
Video shows the woman was crossing Oregon Ave. at Broad St. when a light-colored SUV that was traveling westbound on Oregon Ave. ran a red light and struck her before fleeing the scene.
"This woman was crossing on the crosswalk. And she was crossing -- she had the green light, according to our cameras and witnesses -- and the vehicle that stuck her went through a red light and then struck her," said Chief Inspector Scott Small with the Philadelphia Police Department.
Police say the vehicle struck the victim with such force that she was launched out of her sneakers and thrown roughly 100 feet.
Crash investigators said they've found some broken car parts and what they believe is the lens of a headlight at the scene.