Dave's Picks Volume 3

Dave's Picks Volume 3 is a three-CD live album by the rock band the Grateful Dead. It features the complete concert recorded on October 22, 1971 at the Auditorium Theatre in Chicago, Illinois, plus bonus tracks from the previous night's show at the same venue. The album was released on August 1, 2012.

The two concerts featured on Dave's Picks Volume 3 were keyboardist Keith Godchaux's second and third performances with the Grateful Dead. At the time, Ron "Pigpen" McKernan was too ill to tour, although he was still a member of the band. Godchaux's first appearance with the Dead occurred on October 19, 1971, at Northrop Auditorium, Minneapolis, Minnesota. His sixth performance with the Grateful Dead, also from the same tour, has been released as Download Series Volume 3. Just two months prior, the band had played the Auditorium Theater with McKernan, and some of those performances which have been released on Dick's Picks Volume 35.

Dave's Picks Volume 3 is the third installment in the Dave's Picks series of Grateful Dead archival releases, which succeeded the Road Trips series. It was produced as a limited edition of 12,000 copies.