"C# 2017 compiler could not be created" error message while opening project

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I've Visual Studio 2017 community edition. I have a C# project created using Visual Studio 2015. When I try to open the project in VS 2017 I get an error message prompt:

--------------------- Microsoft Visual Studio


Project 'dataStructureInCSharp' could not be opened because the Visual C# 2017 compiler could not be created. Please re-install Visual Studio.

--------------------------- OK

I'm trying to obtain help if anyone else has faced similar issue. I feel going the uninstall and then reinstall route is very costly for me and would try that option last if I've got no other resort.

What I've done so far :

  • Tried starting visual studio with administrative privileges

But problem remained same.

I tried creating a new console project solution from scratch but in that case I get very same error and an additional error error also shown below:

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System Environment: Windows 7 Ultimate Service Pack 1

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