Police from both the city of Beloit and town of Beloit were called to the area shortly after midnight for reports of a man down in the roadway, according to Captain Dan Risse.
Police discovered the man had been shot. He was transported to Beloit Memorial Hospital by the Town of Beloit Fire Department, where he was pronounced dead a short time later.
Police have identified the man, but are withholding his name pending notification of relatives.
Police expect to be processing the scene throughout the morning.