Abstract The p K a of 3‐acetamido‐5‐acetylfuran (3A5AF) was predicted to be in the range 18.5–21.5 by using the B3LYP/6‐311+G(2d,p) method and several amides as references. The experimental p K a value, 20.7, was determined through UV/Vis titrations. Its solubility was measured in methanol‐modified supercritical CO 2 (mole fraction, 3.23×10 −4 , cloud points 40–80 °C) and it was shown to be less soluble than 5‐hydroxymethylfurfural (5‐HMF). Dimerization energies were calculated for 3A5AF and 5‐HMF to compare hydrogen bonding, as such interactions will affect their solubility. Infrared and 1 H nuclear magnetic resonance spectra of 3A5AF samples support the existence of intermolecular hydrogen bonding. The highest occupied molecular orbital, lowest unoccupied molecular orbital, and electrostatic potential of 3A5AF were determined through molecular orbital calculations using B3LYP/6‐311+G(2d,p). The π–π* transition energy (time‐dependent density functional theory study) was compared with UV/Vis data. Calculated atomic charges were used in an attempt to predict the reactivity of 3A5AF. A reaction between 3A5AF and CH 3 MgBr was conducted. As 3A5AF is a recently developed renewable compound that has previously not been studied extensively, these studies will be helpful in designing future reactions and processes involving this molecule.