The sonochemical‐assisted multicomponent reaction catalyzed by ionic liquid, solvent‐free synthesis, improving chemical structure, computational calculations, and nonlinear optical properties (NLO) assessment of a new amidoalkyl naphthol derivative 4, that is, [N‐((2‐hydroxynaphthalen‐1‐yl)(4‐nitrophenyl)methyl)‐2‐phenylhydrazinecarbothioamide (C24H20N4O3S), are introduced. The corrected structure of the synthesized derivative 4 is confirmed by different spectroscopic techniques viz., (1H and 13C) NMR, Infrared radiation (IR), Mass spectra, and UV‐vis. spectra. To obtain geometrical structure and confirm the experimental findings, DFT‐assisted B3LYP/6‐31G* method is used. The NLO properties of the synthesized derivative are studied using two visible laser beams where its nonlinear refraction index (NLRI) at 473 nm cw laser beam is obtained using diffraction patterns (DPs) and the Z‐scan techniques. As high as 5.312×10−11 m2/W of NLRI is obtained. The all‐optical switching (AOS) which is usually carried out utilizing two laser beams, the controlling and controlled, is generalized by the use of three laser beams, controlling, 473 nm beam and two controlled 532 nm and 635 nm beams.