2 children stabbed inside west suburban Chicago home

CHICAGO (CBS)-- A woman was arrested after two children were stabbed inside a home in Lisle on Friday. 

Around 5:25 p.m., police said the homeowner found his two children, ages 4 and 1, covered in blood with a person armed with a knife in the 1900 block of Matson Lane. He told police the armed person was known to him. 

The children were taken to a local hospital in stable condition with stab wounds. They are expected to survive.

A woman inside the home was taken into custody. Police said the woman is not the children's mother.

The investigation is ongoing.