Physical properties are characteristics or traits of matter that describe the substance without changing what the substance is.
State of matter, color, density, pH (acid or base), volume, mass, melting/freezing points, smell, texture, and solubility are examples of physical properties.
Whether a substance is transparent, translucent or opaque is also a physical property.
Special descriptions like being metallic, glowing in the dark or being attracted to a magnet can be used as well.
In fact, ANY description that does not use opinion and does not describe a reaction is a physical property.
If something changes the appearance of a substance, but not the way the atoms are put together, it is called a physical change and the chemical formula will not change.
If water freezes into ice, the chemical formula is still H2O.
If you cut a piece of wood in half, it is still made of wood.
If you dissolve sugar in water, it is still sugar and water.
Chemical properties are how a substance will or will not react.
Examples of chemical properties are combustion (if it will burn), oxidization (rusting), and if the substance will react with another substance.
If you say that a substance is inert, you are saying that one of its chemical properties is that it will NOT react (like the elements in Column 18 on the Periodic Table!).
When substances undergo chemical changes, the atoms are rearranged and new bonds are formed or broken.
This change is called a reaction and the chemical formula of a substance will also change because new substances are formed.
You can usually tell if a substance changes chemically because the temperature might change by itself without adding heat or ice, a new odor is given off, bubbles form, liquid gets cloudy or color changes.
Chemical change is when bonds are made or broken and atoms are rearranged.