AbleCommerce Shopping Cart Software

I just installed 7.0.5, have not made any customizations, and am trying to access the admin site of my cart but when I go to this URL <http://localhost/Irmi.Com.Store/Admin/Default.aspx>, I am automatically being redirected to this URL <http://localhost/Irmi.Com.Store/Irmi.Com.Store/Irmi.Com.Store/Admin/Default.aspx> and get an error that the resource page cannot be found. Does anyone know why this redirect is occurring? I've restarted the IIS7 application pool my site is running under and don't really know what else to do. I have also verified the license key I'm using is indeed for the localhost development. Any advice would be of great help.

Is this happening immediately after install or did you ever get a chance to access it before this started happening?
It most likely seems to be a configuration issue with your IIS and web application settings. This redirection is not likely to be happening from within AbleCommerce.