Symptom : After updating to windows fall creator update (2017-10-25). You get error Specified argument was out of the range of valid values. Parameter name: site. When runing ASP.NET MVC app from visual studio 2017.
Go to Control center -> Windows app and feature.
Select IIS 10.0 Express
Hit Uninstall button
Download IIS Express from this link
Re-install , error should be fixed.