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This is the very well known and most visible clock tower building in the Ravenswood Corridor, also known as the Deagan Building. This industrial building has 65,000 square feet and an attached parking lot. This concrete loft building offers clean, attractive and reasonably priced commercial space. The spaces range from 1000 square feet up to half a floor or 7500 feet. Rents start at $15-$18 per foot.
Hayes Properties is only the third owner of this building. Originally built for the Deagan Musical Instrument Company in 1916 it was occupied by them through the mid-sixties. They manufactured percussion instruments such as xylophones, bells, marimbas, vibraharps, chimes and many novelty instruments. In fact if you look above the clock high up in the tower of the building, there is a cupola which used to have large chimes hanging from the ceiling that played whenever the clock struck 12:00 PM.