On a related note, if you have a lot of family devices that use your router and don't care about tracking one of them down, you can fix it easily.
1. Just click on the Apple Logo () in the top left of your screen and choose "System Preferences"
2. Click "Network" from the System Preferences window.
3. Click "Advanced..." from the bottom right.
4. Click "Renew DHCP Lease" form the "TCP/IP" pane on the window that drops down (it should already be on that pane).
5. Click "Ok" at the bottom, then "Apply" at the bottom.
That should ask the router for a new DHCP connection, which will prompt it to give you a new IP address that is not already in use.
If that fails to work for some reason, you might need some more advanced steps, or you might just track down the other device and restart it.