Dundee died at St. Francis Hospital in the Chicago suburb of Evanston Tuesday, three days after he slammed his bike into a pole, the Chicago Sun-Times reported Thursday.
Dundee -- best known for his composition, "A Delicate Balance" -- was described as a linchpin of the 1870s Chicago's folk scene that included John Prine, Steve Goodman, Bonnie Koloc and Jim Post.
Dundee had held weekly reunion jams at Chicago's Lily's since 2001 and most recently performed with James Lee Stanley and Peter Tork, the newspaper said.
Dundee split his time between Chicago and northern California, where he worked as a carpenter and performed in nightclubs.
He is survived by several cousins. Chicago's Old Town School of Folk Music was planning a tribute for May 14.