In this paper we present the derivation as well as the numerical results for the electromagnetic form factors of the nucleon within the chiral quark soliton model in the semiclassical quantization scheme. The model is based on semibosonized SU(2) Nambu -- Jona-Lasinio lagrangean, where the boson fields are treated as classical ones. Other observables, namely the nucleon mean squared radii, the magnetic moments, and the nucleon--$Delta$ splitting are calculated as well. The calculations have been done taking into account the quark sea polarization effects. The final results, including rotational $1/N_c$ corrections, are compared with the existing experimental data, and they are found to be in a good agreement for the constituent quark mass of about 420 MeV. The only exception is the neutron electric form factor which is overestimated.