We can observe physical properties of elements and compounds without changing the substance.
Examples of physical properties: Density, color, boiling point, state of matter, appearance: dull or shiny, etc.
But we can also observe and measure chemical properties by reacting a substance with something else. For example, like mixing baking soda and vinegar together. The vinegar reacts with the baking soda and produces carbon dioxide: a new substance.
Some examples of chemical properties: Flammability, amount of heat that is released during combustion, toxicity (how much damage it causes to other organisms), radioactivity, and ability to oxidize (when you have metal that becomes rusty looking).