One of the best dead spaces to utilize is under your stairs. This area is not suitable for furniture, decor, or even an indoor plant. It is not easy to store things under the stairs because of the triangular shape it makes, but by adding a few shelves or by using boxes you can maximize the usable space there turning a dead space to a great storage area.
The link below has a few nice ideas that you can implement in your basement. The designs are made for a basement that is used as a garage or a utility room, so they lack a few cosmetics.