This is a bit of a guess, but does the IC have the power going to two pins that are diagonally opposite each other in two of the corners? These would have a track going between them on the printed circuit board. Or, at least, does the + supply go to pin 8?
And does it have pin 1 going to the negative supply? This is unusual among chips.
The most likely chip someone would use in a siren could be a 555.
see this site:
http://www.uoguelph.ca/~antoon/gadgets/555/555.html
No siren there, but info on 555 chips.
It is very common for producers of circuits to grind the numbers off so nobody can easily copy the circuit.
Testing the transistor is easier. If you have a digital multimeter look for a diode mode. Test the pins of the transistor (in circuit for a start) for conduction one way but not the other. One of the pins, (the base) should conduct to both other pins in one direction but not the other.
If any of the pins conduct very well in both directions, the transistor may be faulty and should be tested again out of circuit.
Testing in OHMS mode usually will not work because the meter tests at a low voltage which won't turn the diode junction on.
Exact replacement of the transitor probably isn't necessary and anything NPN would be worth a try.
If you are going to replace the two most expensive things on the board, maybe you should just rebuild the whole thing from new parts?