A mild, three‐component dinitrogen extrusion reaction proceeding at room temperature to give different 1,2‐disubstituted benzimidazoles from 2‐oxoaldehydes, 4‐azidophenol, and benzotriazoles was successfully developed. Mechanistically, this transformation occurs through the benzoquinone imine assisted ring opening/ring closing of a highly unstable RCOCHN1N2 system.