I had the exact same problem.
The reason – bad IIS config file.
Try deleting the automatically-created IISExpress
folder, which is usually located at %userprofile%/Documents
, e.g. C:\Users\[you]\Documents\IISExpress
.
Don’t worry, VS should create it again – correctly, this time – once you run your solution again.
EDIT: Command line for deleting the folder:
rmdir /s /q "%userprofile%\Documents\IISExpress"