Yes, what you are looking for exists. I had a pair that I let get away in a deal about 4 years ago. They were red, had a schwinn logo on them and came with adapters that snapped into the Look side cleat to have a strap (for tennis shoes). I stumbled on what they were off of one day: Indoor cycling machine aka a Spin Class bike.
http://www.amazon.com/Schwinn-95150-.../dp/B000F5M580