Taking advantageous of both g‐C3N4 and magnetic core‐shell hollow spheres, for the first time a heterogeneous and magnetically separable hybrid system was prepared through a novel and simple hydrothermal procedure and used for immobilization of bio‐synthesized Ag(0) nanoparticles. The hybrid system was fully characterized by using SEM/EDS, FTIR, VSM, TEM, XRD, TGA, DTGA, ICP‐AES, BET and elemental mapping analysis. The catalytic utility of the obtained system, h‐Fe2O3@SiO2/g‐C3N4/Ag, for promoting ultrasonic‐assisted A3, KA2 coupling reactions and [3 + 2] cycloaddition has been confirmed. The results established that the catalyst could efficiently catalyze the reaction to afford the corresponding products in high yields in short reaction times. The reusability study confirmed that the catalyst could be recovered and reused for at least five reaction runs with only slight loss of the catalytic activity. The hot filtration test also proved low silver leaching, indicating the heterogeneous nature of the catalysis.